KUALA LUMPUR, 22 August 2014 – The 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 Dr Chua Siew Kiat, Lion-Parkson Foundation Trustee; 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 24th year running that the Foundation is awarding scholarships to deserving students.
Puan Sri Chelsia Cheng said in her speech, “We hope that our contribution will help the students 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 the Lion Group upon graduation, and will be attached to various companies in the retail, mining, steel, property development, computer, agriculture and services divisions according to their discipline of studies.”, 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 414 students through various sponsorship programmes worth RM9.2 million. In addition, the Foundation has also contributed another RM17.8 million towards other causes, making a total contribution of RM27 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.
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