China Taiping Insurance Singapore launches fund raising campaign in support of the Straits Times School Pocket Money Fund

Singapore, 24 May 2018 - To commemorate its 80th anniversary in Singapore, China Taiping Insurance (Singapore) Pte. Ltd will be launching a fund raising drive which will involve all staff selling fortune cookies and our elephant mascot soft toy at China Town Point Outdoor Plaza on May 26 and 27, 2018. Mr. Wang Bin, who is the Chairman of China Taiping Insurance Group, will be in Singapore to officiate the event.

China Taiping Singapore have specially made these fortune cookies to be sold at S$15 per box of 8 pieces and elephant mascot at $8. All proceeds collected from the sales will go to the Straits Times School Pocket Money Fund. The fund raising campaign will continue until mid-August 2018, during which its staff and distribution partners will approach their families and friends as well. Members of the public who wish to buy these fortune cookies, may visit China Taiping Singapore located at 3 Anson Road, #16-00 Springleaf Tower, Singapore 079909 during weekdays between 9:00 am and 5:00 pm.

In addition to the sales of fortune cookies initiative, China Taiping Singapore will encourage their staff to make cash donation by matching dollar for dollar.

“Children are our future. No child should be deprived of resources to do well in school. At China Taiping, we care deeply for the development and well-being of children from low income families,” said Mr. Yang Yamei, Chief Executive, China Taiping Insurance Singapore. “I am very heartened that our staff are excited and enthusiastic to participate in this charity drive, lending a helping hand to the less fortunate.”

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About China Taiping Insurance Singapore
China Taiping Insurance (Singapore) Pte. Ltd. (“CTPIS”) is a leading general insurer established in Singapore since 1938. CTPIS has a financial strength rating of “A” and issuer credit rating of “a” as “Excellent” in both rating categories by A.M. Best. CTPIS has been assuring our customers in Singapore with financial peace of mind for the last 80 years. Our personal insurance protection covers travel, motor, home, personal accident, hospital and domestic maid.  Our business insurance includes various business operation packages, property, casualty (includes work injury compensation), bonds, engineering, marine and medical & health. CTPIS is wholly owned by China Taiping Insurance Holdings Company Limited (“CTIH”), which was listed on the Hong Kong Stock Exchange in 2000, making it the first Chinese-funded insurer listed overseas.

About China Taiping Group
China Taiping Insurance Group Limited is a large transnational financial and insurance group with 470,000 employees, 24 subsidiaries, nearly 2,000 business outlets and total assets of RMB 550 billion.  Its business network covers Mainland China, Hong Kong, Macau, North America, Europe, Oceania, East and Southeast Asia.

Media Contact:
Cindy Cheng
China Taiping Insurance (Singapore) Pte Ltd
Tel: (65) 6389 6158
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May Press Release: https://www.straitstimes.com/business/china-taiping-insurance-singapore-raises-funds-for-the-straits-times-school-pocket-money