News

Public Notice

Designated donation received to purchase ambulance is recorded in a specify account reflected as Capital Expenditure Fund (CEF). The CEF balance as of 31st March 2008 of $30,415.35 is accumulated interest earned from the investment of the excess fund as a result of the timing difference in expending the donation for the purchase of the ambulance.

In the absence of the interest after two months from the date of the notice, the balance will be transferred to an expendable endowment fund from which interest or investment income can be derived to support Home Nursing Foundation’s pursuit of providing home nursing services

DATED: AUGUST 2008