ICH Group NTU Bursary
Boutique financial advisory firm ICH Capital Pte Ltd made a generous gift of $107,000 to establish the ICH Group Bursary Fund in June this year. The Fund will be yet another vital source of financial assistance by annually providing two bursaries of $5,000 each to financially - strapped undergraduates in the University. These awards will kick-off this Academic Year 2012..
The gift is the company’s first towards education in Singapore, and reflects ICH’s commitment towards education and its enthusiasm to forge closer collaborative ties with local institutions. The gift also reflects the company’s commitment to developing the next generation of leaders for Singapore and the region..
To date, about 1 in 10 of the University’s students are in deep financial need. Support from donors has thus played a vital role in alleviating the financial struggles and providing that much needed boost to students from the lower income-strata. Singapore tax residents and Singapore companies who give towards the University also enjoy tax deductions of 2.5 times the donation amount.
ICH CEO, Mr Vincent Toe, an NTU alumnus of Nanyang Business School said: “The local and regional business landscapes of tomorrow will greatly depend on the vast talent and brains of the students of today. As a leading financial advisory firm in Singapore, we stand committed in contributing to the progress of Singapore’s students, especially those with financial difficulties, so that they may have a competitive advantage and play a key role in shaping the future”...
Headquartered in Singapore, with offices in China and Hong Kong, ICH was founded in 2000 and advises and partners alongside companies to develop their full potential by providing access to international capital markets, offering optimum solutions to capital structure and corporate finance, and finding new strategic partners to unlock and realize value...
The establishment of the ICH Group Bursary Fund aligns both ICH’s and NTU’s shared value in reaching out to students from under privileged backgrounds and creating platforms for developing the talent pool of Singapore students in becoming leaders of tomorrow. Bursary recipients will be encouraged to pursue internships at ICH during their course of study..