IOI Foundation Awards RM344,000 In Scholarships To Empower Future Leaders

KUALA LUMPUR, Oct 23 (Bernama) -- IOI Foundation has awarded RM344,000 worth of scholarships to seven bright and outstanding students during the IOI Scholarship Award Ceremony 2025, held on Oct 17.

The ceremony was hosted by IOI Corporation Berhad group chief executive officer Tan Kean Hua, together with the foundation’s executive director Joanne Wong.

IOI Foundation said the scholarships will support the recipients’ tertiary studies in the fields of chemical engineering, information technology and agriculture, which are vital to Malaysia’s sustainable growth.

“Through this annual programme, IOI Foundation continues to nurture young talent and empower future leaders, ensuring that education remains a crucial pathway to opportunity, progress and growth.

“As the philanthropic arm of the group, the foundation continues to enrich lives by sharing prosperity, with a focus on education, medical assistance, community enrichment and social enterprise,” it said in a statement today.

Since its establishment in 1998, IOI Foundation has awarded RM12.15 million in scholarships to 363 deserving students, reflecting IOI’s long-standing commitment to education and community development.

Formerly known as Yayasan Tan Sri Lee Shin Cheng, the foundation has also contributed a cumulative total of RM67,117,904 towards various community programmes as of June this year.

In the financial year 2025 alone, it channelled RM1,698,463 to 146 beneficiaries, benefitting both individuals and organisations.

Other impactful educational initiatives include school improvement and repair projects, Student Adoption Programme, IOI Leadership Youth Camp and more – all  designed to inspire and empower the next generation to build a brighter future for themselves and their communities.

-- BERNAMA