Jardine Cycle & Carriage (Jardine C&C) has significant interests in the market of Viet Nam, especially the car manufacturing field. — Photo Jardine C&C

Jardine Cycle & Carriage (Jardine C&C), the investment holding company of the Jardine Matheson Group in Southeast Asia, has announced the Jardine Cycle & Carriage Scholarship in celebration of its 120th anniversary in 2019.

Reaffirming its commitment to grow alongside Southeast Asia, Jardine C&C established university scholarship programmes to sponsor the tuition fees of students in Singapore, Indonesia, Malaysia, Viet Nam, Thailand and Myanmar.

Through a series of endowments and donations that are long-term in nature, Jardine C&C’s support for the partnering education institutions will run in perpetuity or for a sustained period of eight to 12 years. In the next 10 years, about 70 Southeast Asian undergraduates will receive the Jardine Cycle & Carriage scholarships.

“The launch of the scholarship reinforces Jardine Cycle & Carriage’s commitment to invest in Southeast Asia. By improving access to education and working together with our partner universities, our aim is to help build stronger and more prosperous communities across the region,” said Jardine C&C Group Managing Director Alex Newbigging.

The partner universities are National University of Singapore, Universitas Indonesia, University of Malaya, Vietnam National University, Chulalongkorn University and University of Yangon. The scholarships are open to undergraduate students pursuing degrees across a broad range of disciplines.

Selection criteria include excellent academic performance, high commitment to the performance of public duties, strong community involvement and household income. The first intake will start in August 2019. — VNS