LION-PARKSON FOUNDATION AWARDS SCHOLARSHIPS WORTH RM400,000 TO UNIVERSITY STUDENTS

KUALA LUMPUR, 20 December 2023 - Lion Group once again fulfilled its role as a caring corporate citizen when its Lion-Parkson Foundation (LPF) awarded scholarships totalling RM400,000 to 10 students based on their academic performance, extra-curricular activities and leadership qualities. The undergraduates who will be pursuing their bachelor’s degree in local institutions of higher learning received scholarships worth RM10,000 each per annum for the duration of their studies. This is the 33^rd year running that the Foundation is awarding scholarships to deserving students. The awards were presented by LPF Chairman, Puan Sri Chelsia Cheng witnessed by LPF Trustees, Datuk CS Tang and Ms Chow Mun Seong.

Puan Sri Chelsia Cheng said in her speech, “We hope that our contribution will help the students to be free of financial constraints and be able to focus on their studies and participate in activities to develop their leadership qualities.”

“The scholarship holders will undergo training in soft skills such as problem-solving and communication, and undergo internships at Lion Group companies during semester breaks to prepare them for the corporate world. They will join the Group upon graduation, and will be attached to companies in the various divisions such as retail, branding, mining, steel, and property development, according to their field of study,” she added.

Lion-Parkson Foundation was launched in 1990 to administer and disburse funds for various needs such as education, charity and scientific research. Todate, the Foundation has sponsored a total of 513 students through various sponsorship programmes worth RM12.66 million. In addition, the Foundation has also contributed another RM39.26 million towards other causes, making a total contribution of RM51.92 million todate.

The Foundation also provides financial assistance to needy Malaysians who require medical treatment such as surgery, purchase of medical equipment and medication. It also assists in sponsoring community health programmes such as medical camps and the purchase of dialysis machines and medical equipment for charitable organisations.