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Contact: Feisal Abdul Rahman
feisalar@ntu.edu.sg
656-790-6687
Nanyang Technological University

$5 million gift from Prima and well-wishers boosts Singapore universities' capacities and student programs

Prima Golden Anniversary Education Fund will create new NTU chair professorship, annual research symposium at SMU and support students at NUS and SUTD

Singapore's four public universities will today receive gifts totalling $5 million from the Prima Limited and its well-wishers. Prima Founder and Honorary Life President, Mr Cheng Tsang Man will present the cheques this evening at Prima's Golden 50th anniversary held at the Prima Tower Revolving Restaurant.

Accepting the cheques on behalf of their universities are Nanyang Technological University (NTU) President Dr Su Guaning, National University of Singapore (NUS) Deputy President (Academic Affairs) and Provost Prof Tan Eng Chye, Singapore Management University (SMU) President Prof Arnoud De Meyer, and Mr Sam Goi, a member of the Singapore University of Technology and Design's (SUTD) Board of Trustees.

Prima Limited had injected $4 million to the Prima Golden Anniversary Education Fund specially set up for its 50th anniversary. The sum will be distributed equally to the universities. The SUTD will receive an additional $1 million arising from the contributions of Prima's well-wishers and the Cheng Family. Prima is allocating the supplementary amount to SUTD since it is a new university which may be in need of greater support. Thus, SUTD will receive $2 million in total.

Mr Primus Cheng, Chairman and Chief Executive Officer of Prima Ltd says, "Prima has chosen to support the cause of education because we firmly believe that education is the foremost fundamental enabler. It is only with education and training that people can become self-reliant and utilize their skills and knowledge for the good of mankind. As we want the commemoration to be more meaningful, in place of lavish celebrations, we are channelling the resources into the Prima Golden Anniversary Education Fund to support the endowment funds of the four state-funded universities."

For Nanyang Technological University, the gift will go towards the setting up of the Cheng Tsang Man Chair Professorship in Energy. This new Chair Professorship has its origins in 1999, when Prima made a $1.5 million gift to NTU to set up the Cheng Tsang Man Professorship in Engineering. With matching contributions from the Singapore government, the total endowed fund for the new Chair Professorship now amounts to $5 million.

Over the past decade, the Cheng Tsang Man Professorship in Engineering had brought in some 15 renowned thought leaders who shared valuable research insights at NTU in diverse disciplines, such as wireless communications, computer graphics, nanoscience and molecular electronics. The new permanent Chair Professorship in Energy will host a world authority who will advance research efforts in nanomaterials for sustainable energy, while offering intellectual leadership and mentoring to younger scientists.

NTU President Dr Su Guaning says, "NTU is grateful to Prima for their continued support and generosity. Energy research is a high priority area at NTU, and indeed, "Sustainable Earth" is the most significant of our Five Peaks of Excellence in our 2015 strategic plan. The Cheng Tsang Man Chair Professorship in Energy will boost our efforts in energy research and education a field that is so vital to our collective future. This gift also firmly underscores the Prima Group's status as an exemplary corporate citizen that exercises strategic corporate social responsibility in an area of such vital interest to humanity."

Since the 1990s, Prima has been a supporter of various student and research programmes at the National University of Singapore (NUS), including a Public Policy Programme and Food Technology research. This latest gift is NUS' biggest from Prima to date. NUS Deputy President (Academic Affairs) and Provost Prof Tan Eng Chye, says, "This gift will help students gain access to the growing number of exciting and innovative educational opportunities which are unique to NUS. These include the NUS University Town, which represents a new approach to residential living and learning that will be distinctively NUS, as well as the Yale-NUS College, which will feature a new curriculum and integrated residential education model that draws on the finest intellectual traditions of East and West. We believe that Prima's generous gesture will go a long way in ensuring that our students will have access to the quality education they deserve and inspire them to give back to society when they have the means to do so."

Prima was also one of the early supporters of SMU. In March 2000, just two months after SMU's establishment, Mr Primus Cheng, Chairman and Chief Executive Officer of Prima Ltd, made an endowed gift of $1.5 million to SMU to establish the Cheng Tsang Man Professorship in Accountancy in honour of his father, the Honorary Life President and Founder of Prima Ltd. To date, five internationally renowned accounting experts have held Visiting Professorships under this gift, conducting among them, joint research with SMU faculty and public lectures.

"In the early days of SMU founding, Prima was one of the first industry players who believed in our vision of becoming a premier university internationally recognised for its excellence in research and teaching. Sharing in our mission, Prima's gift established the Cheng Tsang Man Professorship in Accountancy in March 2000," says SMU President, Professor Arnoud De Meyer. "We are truly grateful that 11 years on, Prima is once again extending its largesse to SMU. In this short span of time, we have built a highly focused and successful university that delivers excellence in research and education aligned with business needs. Hence, we intend to use the $1 million endowed gift to create an annual research symposium where the School of Accountancy faculty can interact with upcoming researchers from top schools around the world through presentations of research papers and the sharing of research ideas," explained Prof De Meyer.

Through this annual research symposium, SMU hopes to profile School of Accountancy Research or SOAR, and SMU internationally, and to build School of Accountancy (SOA) into an internationally renowned research school. This will complement Prima's gift in 2000 which established an annual eminent research scholar programme in SOA.

This is the first time Prima is supporting the SUTD, which will use the funds for student scholarships. The gift comes at an opportune time as SUTD welcomes its first cohort of students in April 2012. Professor Chong Tow Chong, Provost of SUTD says, "We would like to thank Prima for their generous support for education. This gift is much welcomed as SUTD works towards getting the University ready for our first cohort of students in April 2012. SUTD is set up to nurture tomorrow's technically-grounded leaders and innovators to serve societal needs. We believe that all talented and promising students should not be denied this unique curriculum focused on technology and design. We aim to make SUTD accessible and affordable for all students. As such, the funds will be used to fund scholarships for students in our first intake."

Founded in 1961, Prima's flourmill in Singapore was the first to be established in South East Asia. Today, the Prima Group is one of the world's largest flourmillers with extensive international operations encompassing flour milling, feed milling, agri-business, food manufacturing, FMCG food products, foodservice, franchising, baking and culinary education, bakery equipment agency and information technology.

###

Media contacts

Angela Lim (Ms)
Group Marketing Manager
Prima Limited Singapore
Tel: 6277 6832
Email: angela.lim@prima.com.sg

Feisal Abdul Rahman
Senior Assistant Director (Media Relations)
Corporate Communications Office
Nanyang Technological University, Singapore
Tel: 6790 6687
Email: feisalar@ntu.edu.sg

Geraldine Chua (Ms)
Manager (Media Relations)
Office of Corporate Relations
National University of Singapore
DID: 6601 1653
Email: geraldine.chua@nus.edu.sg

Ca-Mie De Souza (Ms)
Assistant Director
Office of Corporate Communications
Singapore Management University
DID: 6828 0451
Email: camiedesouza@smu.edu.sg

Corinna Choong (Ms)
Director, Marketing & Communications
Singapore University of Technology and Design
DID: 6303 6612
Email: corinnachoong@sutd.edu.sg

About the Prima Group

Prima Limited was founded in 1961 as the first flourmill in Singapore, and one of the pioneer flour millers in Southeast Asia. This was in response to the Singapore Government's encouragement of foreign investments in its industrialisation programme. "Prima" in Latin means "first". The Company's Chinese name "Bai Ling Mai" literally means "a hundred-year-old wheat", signifying the Company's longevity on a solid foundation. From a modest flourmiller, Prima has grown steadily to become an industrial group with international operations. Although we have diversified into other areas, our primary activities continue to remain in the food and allied industries.

For more information, visit www.prima.com.sg

About Nanyang Technological University, Singapore

A research-intensive public university, Nanyang Technological University (NTU) has 33,500 undergraduate and postgraduate students in the colleges of Engineering, Business, Science, and Humanities, Arts, & Social Sciences. In 2013, NTU will enrol the first batch of students at its new medical school, the Lee Kong Chian School of Medicine, which is set up jointly with Imperial College London.

NTU is also home to four world-class autonomous institutes the National Institute of Education, S Rajaratnam School of International Studies, Earth Observatory of Singapore, and Singapore Centre on Environmental Life Sciences Engineering and various leading research centres such as the Nanyang Environment & Water Research Institute (NEWRI) and Energy Research Institute @ NTU (ERI@N).

A fast-growing university with an international outlook, NTU is putting its global stamp on Five Peaks of Excellence: Sustainable Earth, Future Healthcare, New Media, New Silk Road, and Innovation Asia.

NTU has a satellite campus in Singapore's science and tech hub, one-north, and is setting up a campus in Novena, Singapore's medical district. It will also have its first campus in China, the NTU Tianjin College, in 2013.

For more information, visit www.ntu.edu.sg

About the National University of Singapore

A leading global university centred in Asia, the National University of Singapore (NUS) is Singapore's flagship university which offers a global approach to education and research, with a focus on Asian perspectives and expertise.

NUS has 15 faculties and schools across three campuses. Its transformative education includes a broad-based curriculum underscored by multi-disciplinary courses and cross-faculty enrichment. Over 36,000 students from 100 countries enrich the community with their diverse social and cultural perspectives.

NUS has three Research Centres of Excellence (RCE) and 22 university-level research institutes and centres. It is also a partner in Singapore's 5th RCE. NUS shares a close affiliation with 16 national-level research institutes and centres. Research activities are strategic and robust, and NUS is well-known for its research strengths in engineering, life sciences and biomedicine, social sciences and natural sciences. It also strives to create a supportive and innovative environment to promote creative enterprise within its community.

For more information, please visit www.nus.edu.sg

About the Singapore Management University

A premier university in Asia centred around "The World of Business, the Singapore Management University (SMU) is internationally recognised for its world class research and innovative, interactive approach to teaching. Established in 2000 by the Singapore government, SMU's mission is to generate leading edge research with global impact and produce broad-based, creative and entrepreneurial leaders for the knowledge-based economy. Home to nearly 7,500 undergraduate and postgraduate students, SMU is comprised of six schools: School of Accountancy, Lee Kong Chian School of Business, School of Economics, School of Information Systems, School of Law, and School of Social Sciences. These schools offer a wide range of bachelor's, master's and PhD degree programmes.

SMU emphasizes rigorous, high impact cross-disciplinary research that takes advantage of our location in the centre of Asia, our university-wide focus on the World of Business including both private and public sectors, our strong working relationships with partners in business and government, and our ability to collaborate university-wide across our six schools and various research centres.

SMU has well established relationships with leading foreign institutions, including Carnegie Mellon University, the University of Pennsylvania's Wharton School and School of Arts and Sciences, and the University of Chicago's Booth School of Business. SMU's partnership with Carnegie Mellon dates back to the 2003, when SMU launched its School of Information Systems and Carnegie Mellon faculty served as advisors and consultants from 2003 through 2010. The SMU city campus is a state-of-the art facility located in the heart of downtown Singapore, facilitating strategic linkages with the business, government and wider community.

For more information, visit www.smu.edu.sg

Singapore University of Technology and Design

The Singapore University of Technology and Design (SUTD) is Singapore's fourth autonomous university. It is the first university in the world to incorporate the art and science of design in technology in to a multi-disciplinary curriculum. SUTD is a high-quality, research-intensive university established in collaboration with the Massachusetts Institute of Technology (MIT) and Zhejiang University (ZJU) to nurture technically-grounded leaders and innovators in engineering product development, engineering systems and design, information systems technology and design and architecture and sustainable design, to serve societal needs.

SUTD's first intake of up to 500 students will matriculate in April 2012. The University is distinguished by its unique academic programme which incorporates elements of technology, entrepreneurship, management and design thinking. Its tripartite partnership with MIT and ZJU will draw together and create synergies from different cultures of education and research. As a research-intensive university, SUTD will bring together the best minds and ideas to seek solutions around modern-day challenges and create enormous technological, financial and social impact for a better future.

For more information, please visit www.sutd.edu.sg.



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