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Launch of the Musim Mas Professorship in Sustainability

18 November 2010



CHEQUE PRESENTATION: Musim Mas representatives, Head of Sustainability Dr Gan Lian Tiong (second from right) and Corporate Executive Ms Jasmine Wong, presenting the Group's generous gift of $2.27 million to (from left) NUS President Prof Tan Chorh Chuan and Dean of NUS Business School Prof Bernard Yeung
Through a generous gift of $2.27million from the Musim Mas Group, an endowed Musim Mas Professorship in Sustainability was launched by the NUS Business School and the Group on 15 November 2010. NUS will receive matching grants from the Ministry of Education for the gift.

"This year has been a banner year for Musim Mas Group in furthering its corporate sustainability objectives. We are pleased to establish the Musim Mas Professorship in Sustainability at the NUS Business School. This is our small gesture of thanking all our stakeholders and we expect this Professorship to contribute positively towards the research and education on sustainability," said Mr Bachtiar Karim, Chairman of the Group and an alumnus of NUS.

For this inaugural Professorship, a world-class faculty will be recruited to lead an academic group in the research and education of sustainability. In addition, study trips by faculty and students will be conducted to develop the research and education agenda in this area.

NUS President Prof Tan Chorh Chuan noted that the University was deeply appreciative of Musim Mas Group's gift. He said: "The gift will strengthen our continued efforts at finding innovative solutions that would have a positive impact on the environment."

Prof Bernard Yeung, Dean and Stephen Riady Distinguished Professor of NUS Business School, expressing his thanks for the meaningful and generous gift, added that the Professorship served to reinforce the School's efforts in advancing education and research to address the three pillars of sustainable development - society, environment and economy.

Musim Mas Group is a fully integrated palm oil corporation with operations spanning the entire palm oil value chain. Its supply chain is managed through strategically located tank storage facilities and transportation assets, coupled with efficient logistics assets. The Group is ranked third in the world by the total volume of palm oil products handled.


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