KUALA LUMPUR, 18 July 2012 - The Lion Group once again fulfilled its role as a caring corporate citizen when its Lion-Parkson Foundation awarded scholarships totalling RM390,000 to 12 students based on their academic performance, extra-curricular activities and leadership qualities.
The undergraduates who will be pursuing their first degree in local institutes of higher learning received scholarships worth RM10,000 each per annum for the duration of their studies. This is the 22nd year running that the Foundation is awarding scholarships to deserving students.
The awards were presented by Puan Sri Chelsia Cheng, Chairman of Lion-Parkson Foundation.
In her speech, Puan Sri Chelsia Cheng said “We hope that our contribution will help students be free of financial constraints and be able to focus on their studies and participate in activities to develop their leadership qualities.”
“A sound education will not only help to improve a person’s life but also enables him to take care of his family and contribute to the community,” she added.
At the ceremony, students were briefed on Lion Group’s internship program whereby they will be given the opportunity to work in the Group’s companies to gain experince during their semester breaks.
The 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 378 students through various sponsorship programmes worth RM8 million. In addition, the Foundation has also contributed another RM16.7 million towards other causes, making a total contribution of RM24.7 million todate.
Another community project by The Lion Group is the Lion Group Medical Assistance Fund that provides financial assistance to needy Malaysians seeking medical treatment.
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For further information, please contact Ms Quah Le Ching, Corporate Communications Department at tel. no. 03-2142 0155 ext. 2505, 2141 2028 (DL) or fax no. 03-2142 8409
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