New SCMP Wah Kiu Yat Po Journalism Scholarship Fund to support Professional Journalism Training and Education

HONG KONG May 27, 2010 – SCMP Group formally inaugurated the newly established SCMP Wah Kiu Yat Po Journalism Scholarship Fund during a dedication ceremony at The University of Hong Kong on May 24.

Hong Kong’s leading English language newspaper, the South China Morning Post is the SCMP Group’s flagship publication, and is respected internationally for its award-winning journalistic excellence and insights into Greater China and the region.

In addition to its other corporate social responsibility programs, such as Operation Santa Claus and Homes For Hope, SCMP Group took this opportunity to focus on enabling students to gain quality training in the area of journalism. The original funds created by Wah Kiu Yat Po to financially assist school students were taken over by SCMP after the Wah Kiu Yat Po publication was acquired by the Group in 1991. Subsequently the SCMP Wah Kiu Yat Po Journalism Scholarship Fund is formed. The SCMP Group collaborated with The University of Hong Kong and Professor Lap-chee Tsui, its Vice-Chancellor, and more specifically with their Journalism and Media Studies Centre (JMSC), headed by Professor Yuen-ying Chan.

The purpose of the scholarship fund is to support students interested in pursuing a tertiary education in the field of journalism. The fund will be used to subsidise the fees and expenses of Undergraduate and Masters students at the JMSC. The scholarship will be administrated by the university, and is open to both local and overseas students.

Kuok Hui Kwong, Managing Director and Chief Executive Officer of the SCMP Group in her dedication speech said, "As a trusted member of the news media industry, we at the SCMP Group understand the vital role journalism plays in our daily life. Investigating, analyzing, accurately reporting and making sense of what’s happening; these are the reasons all of us need highly trained professional journalists to continue their important work."

Ms. Kuok and Shum Choi-sang, Chairman of the Allocation Committee of the Wah Kiu Yat Po Fund for the Relief of Underprivileged Children presented a cheque for HK $2 million to the university during the ceremony.

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