Melco Resorts & Entertainment has announced plans for the allocation of its MOP$30 million cash relief fund to support employees, the community and restoration efforts in the aftermath of Typhoon Hato in Macau.
Two-thirds will be allocated to support employees and their families in disbursements of up to MOP$10,000 per case in order to direct funds to a great number of colleagues in need. The remaining MOP$10 million will be allocated to help rebuild the community.
Lawrence Ho, Chairman and CEO of Melco Resorts & Entertainment, said, “Right now, our top priority is to get all of Macau to stand tall again so that all of us are better prepared and more resilient for the future.
“I am so proud of how our colleagues have risen to the challenge of rebuilding our community after Typhoon Hato. Many of our colleagues and their families were among those most affected. We will be fast-tracking the distribution of relief funds for our colleagues and their immediate family.”
Melco is currently in the process of establishing an independent committee, which will be comprised of representatives from community associations, education groups, trade unions and other civic organizations, to oversee the allocation of funds to ensure that all cash is delivered to those most in need. All funds will be distributed by mid-October.
The company will also be holding an event to thank the volunteers and the management team for their extraordinary efforts during the typhoon recovery.
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