Swissco’s gift of $200,000 to help needy medical students

MEDICAL undergraduates in need of financial assistance can now look forward to generous assistance from Swissco International Ltd (Swissco), a Mainboard listed company. With a history that dates back to 1970, Swissco is today one of the leading Singapore marine company that provides a modern fleet of offshore support vessels and specialised marine transport solutions to the oil and gas industry. Swissco is presenting a cash gift of $200,000 to the Yong Loo Lin School of Medicine at NUS.

CONTRIBUTING TO SOCIETY: Mr Yeo Chong Lin (right), Founder of Swissco with CEO Alex Yeo.

 The sum will be used to set up an expendable bursary fund, with two bursaries valued at $20,000 each to be awarded annually to applicants who have met the University’s approved guidelines for eligibility. The Swissco International Bursary, named in recognition and appreciation of Swissco’s contribution, will be used to support successful applicants from their freshman year till graduation.

Mr Yeo Chong Lin, Executive Chairman of Swissco, was inspired by a recent article published in The Straits Times, on the plight of medical students needing $20,000 each year. He hopes that the cash gift will lend a helping hand to needy students in completing their studies and to contribute to society upon graduation.

“As a home grown company, Swissco believes in giving back to our society by doing our part in helping to nurture the young generations of Singapore,” said Mr Yeo.

School of Design and Environment student bags $25,000 Woh Hup Scholarship

HER dedication to excellence, in and out of class, has paid off for Tiong Kai Lin (picture, 2nd from right). The 20-year-old student has been awarded the Woh Hup Scholarship for topping her class of 135 in the first semester of her Project and Facilities Management course in the School of Design and Environment’s Department of Building. Kai Lin is the first student to receive the award.

The Scholarship, valued at $25,000, will cover Kai Lin’s tuition fees for the entire course of study. It is supported by Woh Hup Pte Ltd, the construction company behind such iconic Singapore buildings as MacDonald House and Clifford Pier.

Said Kai Lin: “The Scholarship came as a surprise! I was shortlisted and went for the interview but I did not expect to get it. Not only is it recognition for me, it also serves as an encouragement to spur me on to work even harder.”