News

Tooling manufacturer Express Tech donates $100,000 to ST School Pocket Money Fund

28 January 2021
Express Tech Manufacturing managing director Leong Yoke Ming (right) handing over the cheque for $100,000 to ST School Pocket Money Fund board trustee Zakir Hussain on Jan 28, 2021.ST PHOTO: KUA CHEE SIONG

 

SINGAPORE - Even as many companies are impacted by the economic and financial ramifications brought about by the Covid-19 pandemic, one tooling solutions provider felt an even greater need to help the less fortunate.

Express Tech Manufacturing made a donation of $100,000 to The Straits Times School Pocket Money Fund (STSPMF) on Thursday (Jan 28).

Mr Leong Yoke Ming, managing director of the firm, said: "Our intention was to reach out and to help as many children from low-income families as we could."

"With a charitable initiative like STSPMF, there is a platform for fellow Singaporeans to come together and show our community spirit to the families that need it most during this challenging time," he added.

This is the first time the company is donating to the fund.

Founded in 1998, Express Tech specialises in the design and fabrication of precision tools needed for the plastic and die casting industries, and in the production of automobiles. The company has manufacturing facilities in Singapore and China.

Mr Leong said the firm remains committed to contributing to society despite sales dipping about 20 per cent amid the pandemic.

"We were able to make profits and we wanted to share it with those in need, especially during this time," said Mr Leong.

"Choosing ST School Pocket Money Fund was in line with our belief that we should look after children in terms of their education first."

On Thursday, Mr Leong presented a mock cheque for the donated amount to Mr Zakir Hussain, a board trustee of STSPMF and ST's Singapore editor.

Mr Zakir said: "We are grateful to Express Tech for its generous contribution to help students in need at this time."

Since its launch in 2000, the fund has helped 180,000 cases of children and youth in need and disbursed over $80 million.

 

The Straits Times © Singapore Press Holdings Limited. Reproduced with permission

 

Back

CONTACT US

[email protected] The Straits Times School Pocket Money Fund
1000 Toa Payoh North
News Centre
Singapore 318994