Chinachem Group takes a different stance to most. We place our contribution to the community and environment on an equal footing with our profitability. This is further strengthened by our unique ownership structure – whilst our group of companies are presently held by Court appointed administrators, they ultimately will sit within a charitable trust containing assets bequeathed to it by the late Nina Wang, once Chinachem Group's Chairwoman.
The Hong Kong Court has determined that a scheme be established for the administration of the charitable trust in furtherance of Nina Wang’s will. An application by the Secretary of Justice (as the protector of charities in Hong Kong) pertaining the implementation of the scheme is pending determination by the Court.
Currently, three representatives from PricewaterhouseCoopers Limited (PwC) act as court appointed administrators, protecting and preserving the assets of the estate.