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Donation of HK$70m among city's largest

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A prestigious Anglican direct subsidy scheme school in Mong Kok this week received one of the largest-ever single donations to a local secondary school, when a former pupil handed over HK$70 million.

Samuel Tak Lee, an entrepreneur and international property developer, made the donation to Diocesan Boys' School at a ceremony on Sunday to lay a foundation block of a new dormitory block, which the gift will help to fund.

It is the largest public donation to a local school since September 2005, when Cheung Kong (Holdings) chairman Li Ka-shing gifted HK$80 million to St Paul's Co-Education College in Mid-Levels.

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DBS principal Terence Chang Cheuk-cheung said the school's management had spent a month negotiating the deal 'It's certainly a lot for a secondary school, especially from such a low-profile person,' Mr Chang said.

The new dormitory is to be named after Mr Lee, who attended the school between 1951 and 1958.

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Although he has previously made donations - including around HK$5 million to DBS - it is the first time he has allowed his name to be attached.

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