Precisely. The EDB will not change. After all, quite a number of senior government officials have their kids in international schools, they wouldn't want to upset their relations with the school. They look after their own personal interest, not that of HK overall.
which school sell the $5 million debenture?
i like to compile a list of the schools, ranked by the highest debenture & bonds and entrance fees...
From the report:
Yeah, like I said, the schools will just submit these for approval, and then they will be approved "other charges."10. EDB has now gathered information from private schools about other charges collected by them and largely completed a preliminary analysis. It intends to seek further professional advice before drawing up the application and approval procedures for the various forms of other charges, and then make relevant announcements to inform the private schools.
Wow,.. just wowGold Debentures (Non-Refundable)
A limited number of Gold Debentures (current value HK$3,000,000) are offered. The Gold Debenture is non-refundable and non-transferable. If desired, there will be an acknowledgment of the gift on a professionally designed, permanent and fixed display in the lobby of the school and in the Foundations’ publications. The nominated child must meet the usual AISHK entry requirements. For more information on this debenture, please contact the Admissions Office.