Swissco’s $200,000 gift makes possible new bursary fund for medical students

Medical undergraduates in need of financial support can now look forward to two new bursaries to be made available each year, thanks to Swissco International Ltd (Swissco), a Mainboard listed company.

Swissco has made a generous expendable gift of $200,000 to the Yong Loo Lin School of Medicine at NUS. The gift will support two bursaries, valued at $20,000 each, to be awarded annually to eligible applicants. The Swissco International Bursary, named in recognition of Swissco’s gift, will be used to support successful applicants for the entire duration of their studies.

Mr Yeo Chong Lin, Executive Chairman of Swissco, was inspired by an article published in The Straits Times, on the plight of medical students needing $20,000 each year. He hopes that the cash gift will help financially needy medical students to complete their education and encourage them to contribute to society upon graduation.

Says Mr Yeo: “As a home grown company, Swissco believes in giving back to our society by doing our part in helping to nurture the young generations of Singapore.”

With a history that dates back to 1970, Swissco is today one of the leading Singapore marine companies which provide a modern fleet of offshore support vessels and specialised marine transport solutions to the oil and gas industry.