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ICH Group NUS Bursary

(Successful alumnus who overcame hardship supports students in need)


Danny Toe grew up in a place not many Singaporeans know about. Tucked away in the hills of Upper Jalan Eunos, Danny used to call a slum his home, and his family’s total household income was S$200 a month. Now, Danny, who graduated from the National University of Singapore’s (NUS) Faculty of Engineering with First Class Honours, is the Chairman of boutique investments and advisory firm ICH Group, and has established the ICH Bursary at his alma mater. The Bursary will be given to undergraduates from any Faculty facing financial hardship.

Danny says, “I wanted to be able to help students who need it.”.

Danny did not receive a bursary when he was in University. While this made his student days challenging, he has a special place in his heart for those days, especially Yusof Ishak House, where he met his wife...

Danny says the fact that he was never motivated by money or promotions is what made him start a business. His aim has always been to do something impactful and bring good to people, and with the Bursary, he has done just that.

Reflecting on his gift, Danny says, “The students are what make up the University. I believe that by giving to NUS, I am actually making a difference in a student’s life. I want students to know they should never give up. It does not matter where you start...