Establishment Of The LUI Che Woo Prize – Prize For World Civilisation

International law firm Withers congratulates Dr Lui Che Woo, chairman of K. Wah Group, on the creation of the LUI Che Woo Prize - prize for world civilisation.

The LUI Che Woo Prize - prize for world civilisation is an international award totaling HK$60 million (around US$7.75 million) in Prize money to honour achievements which make the world a better and more sustainable place.

Founded by Dr. LUI Che Woo, a distinguished self-made entrepreneur, the prize marks a sizable step in a lifelong mission to contribute good work and benevolence in society.

The LUI Che Woo Prize will recognise and honour achievements made by outstanding individuals or organisations. The laureate in each prize category will be presented with a cash award of HK$20 million (around US$2.56 million), a certificate and a trophy in the second half of 2016.

Withers' Hong Kong and UK trust and charity teams have advised Dr. Lui on establishing the prize-giving organisation and on the logistics of the judging process. This has included setting up a charitable foundation in Hong Kong to administer the prize, as well as providing strategic assistance on fundamental issues such as the governance, prize terms and conditions and procedural rules of the prize-giving process, and funding.

Withers' consultant Michelle Chow comments, 'Dr. Lui has shared very moving stories with me of his war experiences and poverty. He has a clear vision and passion to promote social harmony and...