Media Resouces
Mapletree Youth Resilience Programme (MYRP)
21 Nov 2017
  • Provision of sustained financial support to youths
  • Increase in number of beneficiaries for 2018

Singapore - Mapletree Investments Pte Ltd (“Mapletree”) is pleased to disburse annual financial support to 11 youths from three local voluntary welfare organisations (“VWOs”) through its Mapletree Youth Resilience Programme (“MYRP”) 2018.

MYRP aims to provide sustained financial aid and motivational support to youths who have the drive to pursue an education notwithstanding their economic or family backgrounds. Each youth will receive an average amount of about $4,500 under MYRP 2018, which is based on their individualised needs for school fees, textbooks, tuition materials, daily and transport expenses as well as for laptops where needed. The amount disbursed each year is reviewed annually and will be committed until the respective beneficiary completes tertiary education.

In addition, youths under the MYRP will also be provided with motivational support that involves regular meet-ups with dedicated professional counsellors and participation in youth-related programmes such as arts and sports activities. When the MYRP pilot was first launched in 2016, five youths from Boys’ Town and YouthReach were identified to receive the sponsorship and support.

With the success of the pilot, Mapletree has added Beyond Social Services (“Beyond”) to the MYRP. Under the MYRP 2018, financial support has been extended to four youths from Beyond, in addition to the four beneficiaries from Boys’ Town (increase of one beneficiary) and three from YouthReach (increase of one beneficiary), bringing the total number of youths under MYRP to 11 from three different youth-related beneficiaries.

"By relieving the youths and their families from the financial burden, the youths were better able to focus on their studies. Since our pilot, the recipients have shown improvement in academic performance and built better relationships with others. With the encouraging pilot results, we now aim to do more," said Mr Chua Tiow Chye, Deputy Group Chief Executive Officer of Mapletree.

Gerard Ee, Executive Director of Beyond, added that, “When our youths strive to succeed in their studies, they inspire others in the neighbourhoods to do so. Mapletree’s scholarships targeted at disadvantaged youths are not just empowering individuals but empowering communities.”

In this respect, Mapletree has been a strong supporter for at-risk youths since 2012, when we made a commitment to provide support for residential care and schooling programmes for youths from Boys’ Town and Assumption Pathway School.

To date, Mapletree has contributed more than S$640,000 to support the education, sports and arts programmes of Boys’ Town and YouthReach, which seeks to uplift youths from difficult financial and social circumstances by providing residential assistance and development programmes such as art therapy and cooking sessions.

Over the longer term, Mapletree aims to expand the scope and scale of MYRP to other youth-related charities and to further establish Mapletree as a strong supporter of at-risk youths in Singapore by working closely with VWOs and supporting their youth programmes.

Selected photograph of new MYRP beneficiaries

 

Mr Chua Tiow Chye (third from right), Deputy Group Chief Executive Officer, Mapletree Investments, with the six new youth beneficiaries under MYRP 2018 at a recent award ceremony held at Mapletree Business City Town Hall - Auditorium.

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MEDIA CONTACTS

Eileen LEE                                                      Dorothy SIOK
Mapletree Investments Pte Ltd                       Mapletree Investments Pte Ltd
Tel: +65 6659 3669                                         Tel: +65 6377 6376
Email: eileen.lee@mapletree.com.sg              Email: dorothy.siok@mapletree.com.sg

ABOUT MAPLETREE

Mapletree is a leading real estate development, investment and capital management company headquartered in Singapore. Its strategic focus is to invest in markets and real estate sectors with good growth potential. By combining its key strengths, the Group has established a track record of award-winning projects, and delivers consistent and high returns across real estate asset classes.

Mapletree currently manages four Singapore-listed real estate investment trusts (REITs) and six private equity real estate funds, which hold a diverse portfolio of assets in Asia Pacific, the United Kingdom (UK) and the United States (US).

As at 31 March 2017, Mapletree owns and manages S$39.5 billion of office, retail, logistics, industrial, residential, corporate housing / serviced apartment, and student accommodation properties.

The Group’s assets are located across 12 economies globally, namely Singapore, Australia, China, Germany, Hong Kong SAR, India, Japan, Malaysia, South Korea, the UK, the US and Vietnam. To support its global operations, Mapletree has established an extensive network of offices in these countries.

For more information, please visit www.mapletree.com.sg.

ABOUT BOYS' TOWN

Boys’ Town is a charity founded by the Brothers of St. Gabriel in 1948. They help children and youth who come from disadvantaged and disengaged families who may have faced hardship resulting from difficult home situations, financial struggles, abandonment and abuse. Through their services and programmes, they equip children and youths with the skills they need to become socially integrated, responsible and contributing members of society.

ABOUT YOUTHREACH

YouthReach, a street outreach programme under Boys’ Town, was launched in 2010 to help vulnerable youth aged 10 to 21. They may have fallen through the cracks of formal systems and hence struggle with academic performances, poor family relationship and guidance, and are highly susceptible to negative influences from undesirable peer groups.

ABOUT BEYOND SOCIALSERVICES

Beyond Social Services is a charity dedicated to helping children and youths from less privileged backgrounds break away from the poverty cycle. Beyond provides guidance, care and resources that enable families and communities to keep their young people in school and on track to a brighter future.