Clone of Wealthy locals would get personally involved in charitable undertakings
HealthStats International CEO Ting Choon Meng discussed his career success. Four years ago, he set up a trust company Jian Li (meaning "to build and benefit") to do good works and assigned all his shares to it. Jian Li will help pay for SMU's new Singapore Patent Law school. For the past two years, he has also committed $350,000 to sponsor 10 SMU and 20 Pioneer Junior College students from mostly poor families who show vast improvement in their grades and have a sense of social responsibility. There is no scholarship bond but he makes them sign an undertaking to "pay it forward" when they reach 30 or are financially able to help other needy students.
