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President Report 2003-04

General
Over the past year, we have an increase of 37 new Life Members, maintaining the same level of growth as the previous year (40).

Social Activities
There is a continuation, since 2002, of the gradual revamp of social events organized by DSOBA. Some of the less well-attended events had been replaced by a host of new activities added to our social calendar. We tend to think that these new events are either more conducive to the mature social interaction of old boys or bringing DSOBA closer to our mother school, DBS. The following is a summary of our social calendar:-

Jul 03 Prominent Old Boy Speaker Series - Mr. Michael Tien (67) at Madison's attended by 50 old boys.
Aug 03 Boat Cruise & Squid Fishing - new event attended by almost 50 old boys and families.
Sep 03 Inter-House Swimming Finals in which 2 old boys invitational relay teams were fielded.
Sep 03 Apple Race in which 2 old boys invitational relay teams were fielded.
Oct 03 University Day - new annual event at DBS with old boys sharing experience with current boys on overseas University studies.
Oct 03 Prominent Old Boy Speaker Series - Dr. Patrick Ho (66) at The Dynasty Club attended by almost 50 old boys.
Nov 03 School Fete - traditional old boys stall raising funds for DBS.
Dec 03 Annual Ball at the Island Shangri-La.
Jan 04 Tennis Tournament.
Feb 04 More than 40 old boys participated in the 10K Fund Run.
Mar 04 Sportsman Dinner - new annual event co-organized with teachers, and boys to celebrate annual sporting achievements of DBS.
Mar 04 Prominent Old Boy Speaker Series - Mr. Herbert Hui (75) at The Dynasty Club attended by more than 40 old boys.

Financial Status
Our reserve fund is maintained at just above HK$1.7 million as of 28 April 2004. As usual, the successful operation of DSOBA is financially dependent on the income raised during our Annual Ball. This year the funds raised again exceeded HK$200,000.00, and out of this amount, we have contributed close to HK$70,000.00 to DBS. The Race Box is still disappointingly a financial liability to DSOBA, making an annual loss of approximately HK$40,000.00. Its continuation will be seriously reviewed at the outset of the next term.

With the donation of seed money by several old boys, DSOBA will soon be operating a fund designated to care for needy past teachers of DBS. We see this as a meaningful way towards paying respects to our educators. Should any old boys want to give towards this cause, please contact DSOBA. (Currently, we have HK$60,000.00 in the fund).

Finally, I wish to thank all of you who have helped me run this organization over the last 2 years. I shall not name every one of you, but you know who you are. Thank you.

S. Selwyn Chan (77)
President 2003-04

(05/04)

President's Report 02/03
President's Report 01/02
President's Report 00/01
President's Report 99/00
President's Report 98/99
President's Report 97/98
President's Report 96/97


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