Thu, 03 May 2001

HSBC hands in scholarships

JAKARTA (JP): A total of 200 children of railway guards received on Wednesday Rp 150 million in scholarships from HSBC Indonesia.

The fund, handed over by the foreign investment bank's Chief Executive Officer, Brian Fredrick, to Minister of Transportation and Telecommunications Agum Gumelar, will cover one year school expenses for the children studying at elementary and junior high schools.

"The donation is part of our commitment to the country, including supporting the community," Fredrick said in a ceremony which marked the handing-in of the scholarships. (jun)