By South China Morning Post | Created at 2025-04-03 13:09:42 | Updated at 2025-04-05 02:28:51
1 day ago
The Li Ka Shing Foundation and Singapore’s sovereign fund have donated two machines that can remove cancerous tumours with ultrasound waves to the city state, with the Hong Kong tycoon making a rare video appearance during the gifting ceremony.
The 96-year-old tycoon showed up via video link on Thursday and was thanked by the chairwoman of Temasek Trust Ho Ching for the contribution. Temasek Trust is the sovereign fund’s charitable unit.
The Li Ka Shing Foundation and Temasek Trust committed S$12 million (HK$69.84 million) to purchase and donate two histotripsy systems to the National Cancer Centre Singapore and the National University Cancer Institute Singapore.
The machines will be used in clinical trials to study novel ultrasound therapy for liver, kidney and pancreatic cancers.
The funding will also help advance regional cancer research and innovation.
The Temasek Trust said liver, kidney and pancreatic cancers were rising across Asia, with Southeast Asia experiencing the fastest-growing incidence and mortality rates.
“Last August, the Li Ka Shing Foundation donated three systems to Hong Kong. Soon after, Mr Li generously offered, through his foundation, to gift a system to Singapore,” Ho said.
