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EDITOR-IN-CHIEF Paulo Coutinho
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HeadlinesMacau
Home›Headlines›The Adelsons and Sands China raise typhoon relief funds to MOP65 million

The Adelsons and Sands China raise typhoon relief funds to MOP65 million

By -
Friday, September 1, 2017
174
0

Expanding their prompt relief efforts in the aftermath of Typhoon Hato, Sands China (SCL) has pledged yesterday to donate MOP65 million for relief efforts. MOP30 million are from the company and another MOP35 million contribution comes from the Adelson Family Foundation.

The funds will be applied in identified recovery projects “to assist with longer term relief, recovery and rebuilding efforts,” a SCL press release states.

“The thoughts and concerns of the Adelson family and our team members around the world have been with the entire Macau community, and certainly our fellow team members, during this extremely challenging time,” said Sheldon Adelson, chairman and CEO of Las Vegas Sands and Sands China Ltd. “We are saddened by the loss inflicted on so many, but inspired by the perseverance and dedication of all those who have already begun the important process of rebuilding. Providing financial resources in support of that effort is a responsibility that Sands China and the Adelson family make without hesitation.”

With this contribution the total amount pledged by gaming concessionaires totals MOP185 million. Besides SCL, also MGM/Pansy Ho, Melco/Lawrence Ho and Lui Che Woo/Galaxy offered donations.

The casino operators are also engaged along with many other companies and individuals in volunteer recovery efforts for the community.

Shortly after Typhoon Hato hit Macau, SCL “began mobilizing its team members to help communities by providing professional and technical expertise from within the company and its network of associates, human resources, and financial contributions to those appealing for immediate help. This vital action-oriented work continues.”

According to the company statement, “knowing that the entire city faced immense challenges because of limited engineering and technical services available in the aftermath of two typhoons, Sands China swiftly took the initiative to contact the Macau authorities to offer such support wherever possible.”

Donations from SCL “have been made to four non-governmental organizations, including Caritas Macau and Fuhong Society of Macau, to repair motor vehicles damaged during the typhoon. In the meantime, four 7-seater vans have been made available to Caritas Macau to ensure that their Good Take Express service can continue operating.”

SCL is also looking after its suppliers offering “for any goods or services that were delivered in August 2017 by micro-enterprises, young entrepreneurs or “Made-in-Macao” companies, “Sands China will, at the request of these suppliers, expedite payments to them. Upon suppliers’ request, Sands China will also offer a 50 percent advance payment for purchase orders or contracts issued during the remainder of 2017.”

Last but not least, “for children who tragically lost their parents to Typhoon Hato, Sands China has pledged to set up a fund to support their continuing education.”

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