14 Nov 2009

Sembcorp Marine’s SchoolBAG and Charity Walk Contribute $350,000 for Needy Students

Singapore, November 14, 2009: Sembcorp Marine, together with management and employees from across the Group, contributed a sum of $350,000 to help needy children and youths as part of its Community Care and Social Responsibility Programme.

The contribution of $350,000 comprise $300,000 in grants by Sembcorp Marine to student recipients under the Group’s School Book Assistance Grant (SchoolBAG) programme and $50,000 contributed by employees from the Group through a Charity Walk in aid of two student help groups, Students Care Service (Yishun Centre) and ACE @ Boon Lay.

This is the first time that a fund-raising Charity Walk is held in conjunction with the SchoolBAG presentation ceremony at Admiralty Park.

Guest-of-Honour Dr Vivian Balakrishnan, Minister for Community Development, Youth and Sports, who presented the cheques to the student beneficiaries during the event, lauded Sembcorp Marine, its employees and partners for their commitment in caring for the community and staying “true to their cause even in tough times”.

Mr Wong Weng Sun, President and Chief Executive Officer of Sembcorp Marine, said: “Community care and social responsibility are important values to Sembcorp Marine. Through our community care initiatives such as SchoolBAG and the Charity Walk, we hope to provide opportunities for students to maximise their potential and achieve success in life regardless of their circumstances.”

“The SchoolBAG programme enables us to reach out and help ease the financial burden on needy students so that they can focus on their studies and excel in their education. We are pleased that a record number of students will be benefiting from the SchoolBAG programme this year.”

“We are heartened that our employees share the Group’s belief in giving back to the community and caring for those around us. I would like to thank our employees for their active participation and generous contributions in support of our inaugural Charity Walk. The Charity Walk event is particularly meaningful as it provides a platform for our people to be active and contribute back to society.”

Record Number of Recipients for SchoolBAG

A record number of 1,505 recipients will benefit from Sembcorp Marine’s $300,000 SchoolBAG grant package this year, as compared to 1,492 students last year.

Encouraging students to study hard and be the best they can be, Dr Balakrishnan said: “There are people out there, represented by Sembcorp Marine, who care for you. Your lives are precious and your future bright …. (and) we are all investing in you.”

Part of Sembcorp Marine’s Community Care and Social Responsibility programme, the SchoolBAG scheme seeks to provide financial assistance to help low-income families defray the costs of their children’s basic education expenses, such as school textbooks, uniforms and stationery items.

Since the scheme was launched in December 2001, over $1.85 million in grants have been given out to 9,070 recipients studying in the communities around subsidiary yards Jurong Shipyard and Sembawang Shipyard.

Employees Walk for Charity

In addition to the SchoolBAG grants, a total of $50,000 in personal contributions were made by employees from Sembcorp Marine and subsidiary yards Jurong Shipyard, Sembawang Shipyard, PPL Shipyard, SMOE and Jurong SML through the purchase of the Charity Walk t-shirts and goodie bags.

Proceeds from the Charity Walk will be channelled to two student help groups – Students Care Service (Yishun Centre) and ACE @ Boon Lay – which reach out, engage and guide young children in their community. Each organisation will receive $25,000 to fund their student care activities.

ACE @ Boon Lay representative Mr Then Yee Thoong, who is also Vice Chairman of Boon Lay CCC, said: “We are deeply appreciative of Sembcorp Marine’s generosity. The donation will go a long way to help give the children at ACE @ Boon Lay a headstart in their academic and character development.”

“Sembcorp Marine’s contributions will enable ACE @ Boon Lay to scale up our activities and infrastructure to better meet the needs of underprivileged children and youths under our care and in the community. In particular, the funds will be used for the provision of meals and enhancing our teaching, counselling and support services for their all-round educational and character development.”

Ms Melissa Lim, Centre Director of Students Care Service (Yishun Branch), said: “The inclusion of Students Care Service (SCS) as a beneficiary of the Sembcorp Marine Charity Walk is another testament of the deepening and blossoming partnership between Sembcorp Marine and SCS. This partnership, which had yielded numerous quality services and activities for our students over the years, is one we deeply value. The contributions from Sembcorp Marine will enable SCS to organise more quality programmes to benefit more students.”

“The strong support of Sembcorp Marine goes beyond sponsorship. We are encouraged and heartened by the keen spirit of community involvement demonstrated by the staff and management as they volunteered and participated actively in organising our projects and activities. The solidarity and camaraderie built between staff of both organisations has contributed immensely toward many good outcomes in the partnership.”

About SchoolBAG

The SchoolBAG programme is a Community Care & Responsibility Programme initiated by Sembcorp Marine in December 2001. The scheme involves a yearly one-off lump sum financial assistance contribution to Singaporean students whose families’ combined household income does not exceed $1,500, studying full-time in government, government-aided or independent schools at primary and secondary level, junior colleges and centralised institutes.

About Sembcorp Marine

Sembcorp Marine is a leading global marine and offshore engineering company specialising in a full spectrum of integrated solutions in ship repair, shipbuilding, ship conversion, rig building and offshore engineering & construction. The Group’s subsidiary yards in Singapore include Jurong Shipyard, Sembawang Shipyard, PPL Shipyard, SMOE, and Jurong SML.

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