Tanoto Foundation Presented Token of Appreciation by ESM Goh Chok Tong at Business China 15th Anniversary Appreciation Ceremony

SINGAPORE,Feb. 28,2022 --Independent philanthropic organisation Tanoto Foundation founded by Sukanto Tanoto and Tinah Bingei Tanoto,was presented a token of appreciation by Guest-of-Honour Emeritus Senior Minister Goh Chok Tong at the Business China 15th Anniversary appreciation ceremony.

(from left): Tanoto Foundation’s Founder Sukanto Tanoto receives a token of appreciation from Emeritus Senior Minister Goh Chok Tong and Chairman of Business China Lee Yi Shyan.

The event was organised by Business China to celebrate the 15 years since its founding as well as to show appreciation to donors who generously contributed to Business China's initiatives. In 2021,Tanoto Foundation and Business China Singapore inked a five-year partnership with a donation of S$1 million from Tanoto Foundation to support Singapore businesses that are or will be operating in China. The partnership aids Business China's programmes with a strong focus on business leadership development,strengthening the talent pipeline and supporting Singapore-China relations. In addition,in 2013,Tanoto Foundation made a contribution of another S$1 million to support Business China's programmes.

Mr Bey Soo Khiang,Executive Advisor at Tanoto Foundation said: "We are grateful to Business China for having us as a partner. At the heart of what we do is to improve people's lives through knowledge and education. The objectives of Tanoto Foundation and Business China are well-aligned,with a common aim to cultivate new generations of bilingual and bicultural Singaporeans,underpinned by a strong focus on learning,collaboration and leadership development."

With operations in Indonesia,China and Singapore,Tanoto Foundationfocuses on three main pillars namely: 1) leveraging education to accelerate equal opportunities,2) developing the next generation of leaders,and 3) supporting medical research and healthcare to improve health standards – all with a common outcome of improving lives. Tanoto Foundation's donation to Business China is part of its commitment to develop future leaders across Asia. It has designed and implemented holistic leadership development programmes for select tertiary students in Singapore and Indonesia,and continues to support international talent development training programmes through China's Belt and Road Initiative.

In Singapore,Tanoto Foundation has partnered universities including National University of Singapore,Nanyang Technological University and Singapore Management University to provide scholarships through a S$7 million endowment fund. In terms of medical philanthropy,it donated a total of S$16 million in support of medical research and initiatives including the establishment of professorships in diabetes,oncology and cardiology research; the formation of Viral Research and Experimental Medicine Centre with SingHealth Duke-NUS; and the launch of the Tanoto Foundation Centre for Child and Maternal Health Programmes with KK Women's and Children's Hospital to drive research in early child health and maternal health.

About Tanoto Foundation

Tanoto Foundation is an independent philanthropic organisation founded by Sukanto Tanoto and Tinah Bingei Tanoto based on the belief that every person should have the opportunity to realise his or her full potential. Tanoto Foundation programmes stem from the belief that quality education accelerates equal opportunity. We harness the transformative strength of education torealise people's full potential and improve lives. Tanoto Foundation focuses on making an impact in three areas: improving learning environments,future leaders development,as well as medical research and sciences.

https://www.tanotofoundation.org/en/