Debenture Program
Debentures
Bloom KKCA Academy (“Bloom”) is a private educational institution which receives no regular funding or grants from the Hong Kong Government. In order to meet the long-term financial commitments of Bloom, a debenture program will be introduced in May 2025.
Click here to view the approval letter from Education Bureau.
Debenture holders will have the following benefits:
- Priority Interview for nominated student.
- Exemption in paying for annual Capital Levy of $25,000/student/year. Capital Levy program will be introduced in August 2025.
- Debenture is transferable.
Funds raised from the Debenture Program are expected to be used in:
- Infrastructure capital expenses: This category includes expenses related to the construction, renovation, or maintenance of school buildings, classrooms, playgrounds, and other physical facilities. This can include costs for building new classrooms, repairing roofs, upgrading electrical systems, or installing new HVAC systems.
- Technology capital expenses: Bloom needs to invest in technology infrastructure to support modern teaching methods and enhance student learning. This can include expenses for purchasing computers, tablets, interactive whiteboards, software licenses, and networking equipment.
- Furniture and fixtures: Bloom needs to purchase and maintain a variety of furniture and fixtures for classrooms, libraries, Makerspace, and other areas. This can include desks, chairs, bookshelves,
- Equipment capital expenses: This category also includes expenses for Makerspace equipment, food lab equipment, musical instruments, and sports equipment.
- Safety and security capital expenses : Bloom needs to ensure the safety and security of students and staff by investing in measures such as security cameras, access control systems, emergency alarms, and safety equipment. This can also include expenses for conducting safety audits, implementing safety training programs, and making physical improvements to enhance security.
Debenture Types and Eligibility
Debenture Type | Nominal Value | Eligibility | Release Time |
A1 | HKD300,000 | Existing Parents with students enrolled on or before 2023-24 academic year only | May 2025 |
A2 | HKD600,000 | Open to parents and perspective parents | May 2025 |
A3 | HKD900,000 | Open to parents and perspective parents | To be confirmed |
In the event of a sale, transfer of debenture or change of nominated student, the school will have respective charges:
- Transfer of Debenture Administrative Charge: HKD15,000 or any sum prescribed by the school from time to time (non refundable)
- Change of Nominee: HKD15,000 or any sum prescribed by the school from time to time (non refundable)
- Transfer Fee: 20% on the difference between transfer price and prior transfer price/nominee value.
All transfers are subject to approval by the school.
Details of these charges and the procedures required for the school to recognize valid debenture transfers and changes to nominee will be provided in-person to parents, partners, donors and supporters who wish to subscribe for debentures. Debenture Subscription will be available in May 2025.
For further details, enquiries or indication of interests, please email the finance@bloom.edu.hk.
Application Forms for Debenture Transfer
An administrative fee is payable upon an application for transfer of Debenture.
Debenture Form for Transferor
Debenture Form for Transferee
2025 Annual Report - Capital Levy
Finance Office
Please contact the Finance Office for additional information or enquiries.
Tel: (852) 2311 2268
Email: finance@bloom.edu.hk