Howe Yoon Chong PSA Endowment Fund
The Howe Yoon Chong PSA Endowment Fund was set up in 2008 to honour the late Mr Howe Yoon Chong, a visionary Singaporean who had made significant contributions to Singapore, including building Singapore’s first container terminal. To honour him, PSA set up a S$16 million endowment fund, with contributions from PSA, Temasek Holdings and NSL Ltd, to award bond-free scholarships to Singapore citizens. These scholarships aim to provide Singapore citizens from lower income families with financial assistance to upgrade themselves through attaining formal qualifications and/or technical skills.
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