12 Nov 2010

A Decade of Caring: More than $2.16 Million Contributed by Sembcorp Marine’s SchoolBAG Programme to Help Needy Students

Singapore, November 12, 2010: Sembcorp Marine marked a decade of caring for the community with the 10th anniversary of its School Book Assistance Grant (SchoolBAG) Programme, which has contributed above $2.16 million in grants to more than 10,498 student beneficiaries since 2001.

This year, Sembcorp Marine set a new record with $317,700 in SchoolBAG contributions to 1,573 students – the highest grant amount and largest number of recipients in the history of the scheme. This is an increase of about 6.5% from last year’s contribution, both in terms of grant amount as well as number of recipients.

Over the years, the SchoolBAG programme has enlarged to reach out to more students. As a result, the number of recipients has seen a two-fold increase from 811 in 2001 when the scheme first started to 1,573 this year.

Part of the Group’s Community Care and Responsibility Programme, the SchoolBAG scheme was launched in 2001 with the objective of helping students from low-income families subsidise the cost of their basic education expenses, such as school textbooks, uniforms and stationery items.

To enable more to benefit from the SchoolBAG programme, the scheme was broadened in 2007 with the raising of the combined family income criterion from $1,250 to $1,500. The scheme was also extended to student recipients of other financial assistance not exceeding more than $200 for Primary, $400 for Secondary and $600 for Junior College/Pre-U/ITE levels.

During this afternoon’s SchoolBAG presentation ceremony at Jurong Primary School, Guest-of-Honour Mr Lim Boon Heng, Minister, Prime Minister’s Office, and Member of Parliament for Jurong GRC, commended Sembcorp Marine for the SchoolBAG programme. “Sembcorp Marine has implemented a very thoughtful initiative. The company’s SchoolBAG grants contribute to our society’s efforts to help lower income families meet the challenges and lead a better quality of life. We are grateful to the many helping hands in our society such as Sembcorp Marine who have provided assistance to help such families in the community.”. He also presented the grants to student representatives from the participating schools. The remaining students will receive their SchoolBAG grants through their respective schools’ principals.

Mr Wong Weng Sun, President and Chief Executive Officer of Sembcorp Marine, said: “Sembcorp Marine’s SchoolBAG Programme is a testimony of our steadfast commitment towards community care and social responsibility. The SchoolBAG programme is one of the ways we contribute back to society and make a positive difference in the lives of the students and their families. Through this, we hope to inspire and spur our student recipients to aim high in their studies and realise their aspirations in life.”

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 centralized institutes.

About Sembcorp Marine

Sembcorp Marine is a leading global marine and offshore engineering company specializing 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.

For the PDF version of this news event, please click here.