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Issue 160, July 2016
Alumnus Mr Von Lee gifts $1 million to NTU
Award-winning entrepreneur’s contribution will provide financial support to undergraduates pursuing any engineering field of study in NTU
Nanyang Technological University (NTU Singapore) has received a S$1 million gift from Singapore entrepreneur, Mr Von Lee Yong Miang, an NTU alumnus, to start a new endowment to benefit needy students. The gift is matched by the Singapore Government, bringing the total endowment to S$2.5 million.
The founder and Chairman of Expand Group of companies, Mr Lee is an award-winning developer who is the man behind Singapore’s architectural landmarks such as the twelve iconic giant Supertrees and the Energy Centre, which powers the entire Gardens by the Bay.
He was also the brainchild behind the recently opened Lee Kong Chian Natural History Museum, as well as the Marina Bay Waterfront Promenade, which has an uninterrupted 3.5 km boardwalk that gives a panoramic view of the Singapore skyline.
A civil engineering graduate from NTU’s Class of 1995, Mr Lee, 46, strongly believes in helping less fortunate students overcome their financial constraints.
“I recalled how in my earlier years I had also benefited from the university and the many helping hands which helped me during my financially constrained years. This motivated me to establish this bursary to help a lot more undergraduates to access the quintessential tertiary education so that they will be able to focus in their academic achievement. Eventually, the recipients can likewise contribute and serve the society,” said Mr Lee.
The new Von Lee Yong Miang Bursary Fund will provide financial support to undergraduates pursuing any engineering field of study in NTU. The bursary will fund up to 10 awards per Academic Year, each comprising a generous sum of S$10,000.
Mr Lee presented the cheque to Professor Lee Sing Kong, NTU’s Vice President (Alumni and Advancement) during his company’s 16th anniversary celebration held at the Conrad Centennial Hotel on 7 July.
Prof Lee said: “NTU is very grateful to our esteemed alumnus, Mr Lee, for his generosity. We are very proud that whilst he has become so successful in his career, he has made such a tremendous effort to help others because he remembers the assistance he received many years ago as an NTU undergraduate.
“Mr Lee’s gift will not only benefit students with financial difficulties, but also be an inspiration to other successful alumni to give back to society, promoting a culture of giving.”
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