18 Nov 2011

Sembcorp Marine’s Continuous Commitment to the Community: More than 12,000 Needy Students Benefited from $2.48 million in SchoolBAG Grants since 2001

Singapore, November 18, 2011: Sembcorp Marine demonstrated its continuous commitment and care to the community with a contribution of $312,450 in financial grants this year to 1,561 needy students from 83 schools through its School Book Assistance Grant (SchoolBAG) programme. Now in its 11th year, the SchoolBAG programme has contributed about $2.48 million in grants to more than 12,000 student beneficiaries since its inception in December 2001.

An initiative under the Group’s Community Care and Responsibility Programme, the SchoolBAG scheme aims to help students from low-income families to subsidise the cost of their basic education expenses, such as school textbooks, uniforms and stationery items. The grant can also be used to supplement enrichment activities to enhance their educational and personal development.

To enable more students to benefit from the SchoolBAG scheme, the eligibility criteria was also enhanced in 2007 to enable students who are receiving other forms of financial assistance to qualify so long as the other grants received do not exceed $200 for Primary, $400 for Secondary and $600 for Junior College / Pre-University / Institute of Technical Education (ITE) levels.

The broadening of the SchoolBAG programme by Sembcorp Marine over the years has resulted in a close to two-fold increase in student beneficiaries from 811 in 2001 when the scheme was first launched to 1,561 this year.

The SchoolBAG presentation ceremony at Woodgrove Secondary School today witnessed student representatives receiving their grants from Guest-of-Honour Mr Heng Swee Keat, Minister for Education.

Acknowledging Sembcorp Marine’s commitment towards community care, Mr Heng said: “I would like to commend Sembcorp Marine for initiating the SchoolBAG programme as part of the company’s corporate social responsibility programme. Our education system must continue to promote social mobility. Regardless of their family circumstances, MOE believes that all children should have access to good education regardless of their race, gender or social background.”

“To help our students develop character and achieve their full potential, schools need the partnership of parents and the community, such as self-help groups, grassroots and private organisations like Sembcorp Marine … to nurture, encourage and support them in their journey of excellence.”

Mr Wong Weng Sun, President and Chief Executive Officer of Sembcorp Marine, said: “With more than a decade of commitment, Sembcorp Marine’s SchoolBAG Scheme is a testimony of our steadfast commitment towards community care and social responsibility. Education is a cause close to our hearts as children are the future leaders of our nation and vital to our industry’s sustainable progress. We believe that a good foundation in education is key in equipping our young with the knowledge and skills to stay ahead in this increasingly competitive and globalised world. We hope that the SchoolBAG grants will not only help students in their academic pursuits but also enable them to pursue interests in areas such as music, sports and arts which will benefit their holistic and personal

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 needy students studying full-time in government, government-aided or independent schools at primary and secondary level, junior colleges and centralised institutes.

The SchoolBAG grant amount, accorded based on the recipients’ level of study, is at $150 each for Primary 1 to 3 students, $200 each for Primary 4 to 6 students, $250 each for Secondary students, $300 each for Junior College / Pre-University students, and $400 each for ITE students.

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, SMOE, PPL Shipyard and Jurong SML.

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