On 6 July 2018, Prima Limited, one of Asia’s pioneer flour millers with a strong international reputation in the food industry, has made an endowed contribution of $2 million to set up a Prima Ceylon Scholarship to motivate incoming undergraduates of Sri Lankan nationality pursuing any degree programme at Singapore Management University (SMU) to achieve academic excellence and to accord them the recognition for their accomplishments.
With matching contributions from the Singapore government, total endowed fund for the Prima Ceylon Scholarship amounts to $3 million.
The Scholarship will be awarded annually commencing Academic Year 2019-20 and in perpetuity to a student with demonstrated financial needs, offering financial support towards the recipient’s annual tuition fees and/or study-related expenses. Each non-bonded scholarship of $90,000 is tenable for the recipient’s four years of study, provided that the student maintains good results and continues to demonstrate high standards of personal conduct and remains active in community service and co-curricular activities. The recipient may be offered internship and/or recruitment opportunities by Prima Limited.
Mr Primus Cheng, Chairman and CEO of Prima Limited, said “To mark the 40th anniversary of Prima Ceylon Private Limited, we think it is appropriate to donate to SMU to endow the “Prima Ceylon Scholarship” for the benefit of deserving Sri Lanka students studying at the university.”
There are currently three undergraduates from Sri Lanka studying in SMU, two in the School of Economics, and another in the Lee Kong Chian School of Business. The gift signing ceremony heralded the support towards students from Sri Lanka to access a holistic and meaningful education in SMU. Prima Ceylon Scholarship would also contribute to a richer and more vibrant educational environment in the university.
Prima Limited has been a stalwart supporter of SMU, establishing a variety of gifts including the Cheng Tsang Man Professorship in Accountancy in 2000 and School of Accountancy Research Symposium in 2011.
Last updated on 11 Jul 2018 .