KUALA LUMPUR, 24 August 2015 – Lion Group once again fulfilled its role as a caring corporate citizen when its Lion-Parkson Foundation awarded scholarships totalling RM480,000 to 12 students based on their academic performance, extra-curricular activities and leadership qualities. The awards were presented by Puan Sri Chelsia Cheng, Chairman of Lion-Parkson Foundation witnessed by Mr CS Tang, Lion Group Director and Lion-Parkson Foundation Trustee, Dr Chua Siew Kiat, Lion-Parkson Foundation Trustees; Mr Suresh Menon, Lion Group Director of Human Resources, and the students’ parents and families.
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 25th year running that the Foundation is awarding scholarships to deserving students.
Puan Sri Chelsia Cheng said in her speech, “This is in line with our Lion Group’s aspiration to contribute to the country’s educational and human resources development in order to achieve economic growth. We hope to nurture educated and talented young Malaysians who will help to shape and build a better tomorrow for the future generations.”
“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 join Lion Group upon graduation, and will be attached to companies in the various divisions such as the retail, branding, mining, steel, property development, according to their field of study”, she added.
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 427 students through various sponsorship programmes worth RM9.7 million. In addition, the Foundation has also contributed another RM20.5 million towards other causes, making a total contribution of RM30.2 million todate.
Another community project by Lion Group is the Lion Group Medical Assistance Fund that provides financial assistance to needy Malaysians seeking medical treatment.
For further information, please contact Ms Quah Le Ching, Corporate Communications Department at tel. no. 03-2142 0155 ext. 2505 or fax no. 03-2142 8409