SPH and SPH Foundation award scholarships to 34 recipients
- 5 SPH Journalism Scholarships presented
- 16 in-house scholarships presented to children of staff and newspaper vendors
- 13 Lim Kim San Memorial Scholarships awarded to students pursuing languages, linguistics and humanities
Singapore, 13 August 2021 - Singapore Press Holdings (SPH) and Singapore Press Holdings Foundation (SPH Foundation) presented a total of 34 scholarships during a virtual scholarship awards ceremony held today.
Dr Lee Boon Yang, Chairman of SPH and SPH Foundation, congratulated the scholarship recipients and their family members in his opening address.
In his speech, he also addressed the challenges faced by the media industry brought about by the global digital disruption.
He said: “Worldwide, traditional media organisations have seen readership and revenues drop while search engines, social media networks and e-commerce have emerged as dominant players in the advertising market. Given these trends and taking into consideration the best interests of all stakeholders, SPH has decided to restructure the media business into a not-for-profit model to ensure its long-term viability...if approved, the restructuring will enable the media business to dedicate increased resources to transformation efforts and quality journalism, and to invest in talent and new technology to strengthen its digital capabilities.”
There were 5 recipients for the SPH Journalism Scholarship.
One of the recipients, Ms Sheryl Wong Jingying, will be reading Chinese Studies at the National University of Singapore.
She said: “I am grateful to SPH for this award and feel honoured to be a recipient of the SPH Journalism Scholarship. I am also thankful for the enduring support from my family. During my last semester break, I had the privilege of doing an internship with Zaobao. The exposure has cemented my belief that journalists play an impactful role in shaping our society, which affirmed my aspiration to join the profession. Through the stories that I write, I hope to do my part in contributing to society and inspire more like-minded individuals to join the journalism community.”
16 scholarships were also awarded to the children of SPH staff and newspaper vendors. These awards serve as a form of recognition of the children’s hard work and the loyal service of their parents to SPH.
There were also 13 recipients of the Lim Kim San Memorial Scholarships. The bond-free scholarships have helped deserving students from modest family backgrounds further their degree programmes in languages, linguistics and the humanities at local universities since 2006.
One of the recipients is Ms Chua Xin Hui Angel who is reading Social Work at the National University of Singapore.
She said: “It is an incredible honour to receive this scholarship. Despite my family background, my parents always try their best to ensure that I have a good start in education. They stressed that nothing is more important than education, even if they have to struggle to get it. With this scholarship, my family no longer has to worry about getting me through university and I can give it my all in social work and in the future, support people who are in similar circumstances in the future. I believe that everyone deserves the right to education and no one should struggle in their learning journey, and I look forward to making that happen for future generations.”
Attachments:
- Speech by Dr Lee Boon Yang, Chairman of SPH and SPH Foundation
- List of SPH and SPH Foundation Lim Kim San Memorial scholarship recipients
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About Singapore Press Holdings Ltd
Incorporated in 1984, main board-listed Singapore Press Holdings Ltd (SPH) is Asia's leading media organisation, engaging minds and enriching lives across multiple languages and platforms. SPH has several business segments. The first is the media business, engaged in the publishing of newspapers, magazines and books in both print and digital editions. It also owns other digital products, online classifieds, radio stations and outdoor media.
On the retail and commercial front, SPH owns 65% in SPH REIT whose portfolio comprises three properties in Singapore, namely Paragon, The Clementi Mall and The Rail Mall. In Australia, SPH REIT holds an 85% stake in Figtree Grove Shopping Centre and a 50% stake in Westfield Marion Shopping Centre. SPH also owns and operates The Seletar Malla and holds a 50 per cent stake in two joint venture companies which are developing an integrated development consisting of The Woodleigh Residences and The Woodleigh Mall.
Under the Purpose-Built Student Accommodation (“PBSA”) segment, the Company is an owner, manager and developer of a portfolio of PBSA in the United Kingdom and Germany, and currently operates two distinctive brands, Student Castle and Capitol Students.
The Company is also in the aged care sector in Singapore and Japan, and owns Orange Valley, one of Singapore’s largest private nursing homes.
a SPH owns a 70 per cent interest in The Seletar Mall.
For more information, please visit www.sph.com.sg.
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About Singapore Press Holdings Foundation
The Singapore Press Holdings Foundation, a registered charity and an Institution of Public Character, was first set up as the Press Foundation of Singapore in January 2003 to help build a lifelong learning community that embraces language enrichment, creativity, diversity, healthy living and sports. The seed contribution of $20 million to the Foundation came from media group Singapore Press Holdings Ltd. It was renamed Singapore Press Holdings Foundation in May 2005.
For more information, please visit the Foundation’s website at www.sphfoundation.org.sg.