NEWS RELEASE
For Immediate Release
JTC’S 40TH ANNIVERSARY CHARITY RUN RAISES S$705,200 FOR PRESIDENT’S CHALLENGE 2008
- Charity Run commemorates 40 years of JTC’s achievements through a nostalgic 4km route from its birthplace Taman Jurong to its present home, The JTC Summit
Singapore, 15 September 2008 – Today, JTC Chairman, Mr Cedric Foo and JTC CEO, Mrs Ow Foong Pheng, jointly presented a cheque totalling S$705,200 to President S R Nathan, in support of The President’s Challenge 2008 at JTC’s 40th Anniversary Charity Run Prize and Cheque Presentation ceremony. The sum was collectively raised through pledge cards and donations from JTC’s partners, customers, subsidiaries and staff.
2 This morning, more than 800 participants comprising staff from JTC, its customers, subsidiaries, business partners and government agencies under the Ministry of Trade & Industry (MTI) participated in JTC’s 40th Anniversary Charity Run. It was literally a run down memory lane as the route took participants from JTC’s birthplace at Taman Jurong to the JTC Summit at Jurong East. Chairman of JTC, Mr Cedric Foo flagged off the run at Taman Jurong, the site of JTC’s first office in 1968. At particular junctures along the 4 km route, participants were greeted with prominent markers depicting the highlights of each decade of industrialization in Singapore.
3 In his welcome remarks at the prize and cheque presentation ceremony, Chairman of JTC, Mr Cedric Foo said, “What has made this event more memorable is having so many of our partners, customers, subsidiaries and MTI agencies, participating in the run today. I would like to take this opportunity to extend my heartfelt thanks to all for responding to the call to help the less fortunate. We collectively raised a total sum of S$705,200 for President’s Challenge ’08. The amount far exceeded our original target of S$400,000. The generosity shown by our customers and business partners and Team JTC is truly heartwarming.”
4 The top five corporate donors are as follows: Ascendas Pte Ltd ($52,756), Rock Productions Pte Ltd ($50,000), Jurong Port ($26,285), Hyundai Engineering & Construction Pte Ltd ($20,000) and Kim Hock Corporation Pte Ltd ($20,000).
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About JTC Corporation
JTC Corporation (JTC) is the lead agency in Singapore to plan, promote and develop a dynamic industrial landscape, in support of the nation's economic advancement. Currently, the Corporation has under its management many developments including four wafer fab parks, an advanced display park, two business parks, a chemicals hub at Jurong Island, biomedical parks in Tuas as well as logistics hubs for aerospace, chemical and general warehousing industries.
JTC also plays a catalytic role in introducing leading-edge real estate solutions -- such as specialised research facilities and underground caverns -- to anchor important activities critical to the growth of the economy. It is the master developer for one-north at Buona Vista -- a 200-hectare development for research and entrepreneurial activities. With a focus on knowledge-intensive activities in the biomedical, infocomms and media industries, one-north is a niche environment for innovation and creativity.
In line with its vision of making Singapore the choice investment location, JTC is committed to providing a pro-business environment for its customers and optimising land resources to meet the needs of industries and enterprises. JTC's home page address is http://www.jtc.gov.sg.