Devex.com: Jynwel Chief Jho Low – My Vision for Sustainable Social Investment

21 Apr

Just over three years ago, Jho Low got a devastating diagnosis: stage-3 lung cancer. The curious thing: Low didn’t smoke. Six months of treatment with some of the best doctors in the world brought bittersweet relief: His illness, it turned out, was not caused by cancer but a serious infection. Read more at Devex.com.

               

Chronicle of Philanthropy: “$25 Million Gift Restarts U.N. News Agency As Nonprofit”

08 Dec

Hong Kong investor Jho Low’s family foundation has committed $25 million to save the United Nations’ financially ailing news service, which will become a nonprofit journalism venture, reports The New York Times. Integrated Regional Information Networks has operated for nearly 20 years under the aegis of the U.N. office that coordinates humanitarian aid, reporting on…

                 

New York Times: “Ailing U.N. News Service Gets $25 Million”

08 Dec

Media enterprises have not figured on the list of billion-dollar deals backed by the Hong Kong-based investor Jho Low in recent years, but his family’s charitable foundation is putting up $25 million to save an ailing United Nations-owned news service that is in the business, he says, of saving lives. Read more at NYTimes.com.

               

Reuters: “UN Spins Off Humanitarian News Service After $25 MLN Investment”

21 Nov

The United Nations will spin off its humanitarian news service IRIN as an independent Swiss-based foundation after getting a $25 million 15-year investment from a Hong Kong-based philanthropist. Jho Low, director of Jynwel Charitable Foundation which made the $25 million donation, said the aim was to scale up coverage in the most under-reported areas of…

         

The Guardian: “IRIN Humanitarian News Service Saved After Private Donor Fills UN Void”

21 Nov

Irin, one of the few media organizations dedicated to negotiating the complexities of humanitarian relief, will be relaunched next year after facing closure. It will receive $25m (£16m) over 15 years from the Jynwel Foundation, the philanthropic arm of the Hong Kong-based international investment and advisory firm Jynwel Capital, which invests in global health, education…

       

Financial Times: “UN to Spin Off IRIN Humanitarian News Agency”

21 Nov

Irin, the UN’s humanitarian news agency, will relaunch next year as an independent non-profit with support from a $25m investment from the charitable foundation backed by Asia’s billionaire Low family… Hong Kong-based Jynwel Foundation, the charitable arm of the Low family’s Jynwel Capital, has committed $25m over 15 years. “We felt they should kick-start with…

           

Jynwel Foundation Invests US$25M Over 15 Years in IRIN, a Leading Humanitarian News Service

20 Nov

With the advent of 24-hour cable news channels and the rise of instantaneous blogs and web content, the media sector has undergone a series of profound changes over the past two decades.  These shifting dynamics, from the rise of digital media services to sharp reductions in advertising revenue, have forced a variety of media companies…