Raffles Quay Asset Management sets up Study Grants at SMU

Published on 28 August 2013

[Photo (L to R): Associate Professor Ong Siow Heng, Dean of Students at SMU; and Mr Warren Bishop, Chief Executive Officer of Raffles Quay Asset Management]

At Marina Bay Financial Centre's (MBFC) grand opening, Raffles Quay Asset Management (RQAM) announced that it would donate a total of S$1 million to Singapore's four universities, including Singapore Management University (SMU).

Dean of Students, Associate Professor Ong Siow Heng, represented SMU during the cheque presentation ceremony on 27 August 2013. SMU received an endowed gift of $250,000 which will be used to fund study grants in perpetuity.

“This donation will be used to set up RQAM Study Grants to nurture the next generation of business leaders, some of whom will likely work here at MBFC in the future," said, Mr Warren Bishop, Chief Executive Officer of RQAM. Through funding the education of Singapore's tertiary students, RQAM hopes to bring about a lasting and meaningful impact on the community.

About Raffles Quay Asset Management

Raffles Quay Asset Management (RQAM) was established in 2001 to manage and market projects jointly developed by Cheung Kong (Holdings), Hongkong Land and Keppel Land - three of Asia's most experienced property developers.

RQAM manages One Raffles Quay and Marina Bay Financial Centre (MBFC) that account for a combined 4.5 million square feet of prime Grade A office and retail space in the Central Business District of Singapore. This forms the single largest Grade A office space in Singapore.

As the manager, RQAM ensures the world-class facilities at these two developments are maintained to the highest standards, befitting the ‘Asia's Best Business AddressTM' positioning for MBFC, the single largest integrated mixed use development in Singapore's new downtown.

RQAM also oversees the ongoing development of the MBFC project, which includes Marina Bay Suites, the latter being scheduled for completion in 2013, managing the contractor and consultants to ensure the safety, quality and timeliness of construction. RQAM also manages the retail leasing and mall management of Marina Bay Link Mall, the retail component of MBFC.