We are creating some awesome events for you. Kindly bear with us.

HKUST receives HK$100 million donation from foundation

Image Credits: HKUST, Press Release

The Hong Kong University of Science and Technology (HKUST) received an HK$100 million donation from the Lo Kwee Seong Foundation in support of the University’s frontier research in life science, according to a press release.
The donation will not only allow HKUST to purchase a state-of-the-art cryo-electron microscope (cryo-EM) – a technology that has recently revolutionized the field of structural biology, it also helps the University establish an endowment fund named the “Lo Kwee-Seong Research Fund”. The fund will be used to nurture research talent.
In appreciation of the Foundation’s benevolent support, the University named the laboratory section of its Academic Building “Lo Kwee-Seong Building”, where the Cryo-EM machine will be housed.
A donation presentation ceremony was held today in gratitude for the generous donation made by the Foundation. Officiating guests included Dr. Peter LO Tak-shing, Chairman of Lo Kwee Seong Foundation; Mr. Winston LO Yau-lai, Ms. Myrna LO Mo-ching, Mrs. Irene CHAN Lo Mo-lin, and Ms. Yvonne LO Mo-ling, who are Trustees of Lo Kwee Seong Foundation; Mr. Andrew LIAO Cheung-Sing, Council Chairman of HKUST and Prof. Wei SHYY, HKUST President. Other senior management of the University also attended the ceremony.
The Foundation was pleased to be building a close partnership with HKUST – a leader in scientific research, according to leadership who also said that the university’s researchers will make good use of the new infrastructure, leading to breakthroughs and discoveries beneficial to mankind as a whole.
It was noted that the University’s first Lo Kwee Seong endowment fund seeks to promote international collaboration among researchers at graduate and postgraduate levels by enabling the university to continue to break new grounds by harnessing the power of technology.
The founder of the foundation started his business with the singular goal of making nutritious, tasty plant-based beverages that would lead to improvements in public health. With this vision and conviction, the company has worked tirelessly with different partners to foster nutrition knowledge and education in our communities.
Thus, the company and its related foundation were honoured to call HKUST, a leading university with global acclaim, to be a partner.
The inaugurating leaders expressed gratitude towards the founder’s creativity, perseverance and courage had inspired many which have led HKUST to strive to achieve a similar mission – to advance knowledge and assist in the economic and social development of Hong Kong with innovation, technology, and a can-do attitude.
With the gift,  HKUST will be able to elevate the calibre of its research output and foster intellectual collaboration among Hong Kong and overseas researchers.
The partnership between the Foundation and HKUST began in 2001, and since then a lab and several scholarships have been established. Moreover, valuable equipment has been acquired to further our effort in frontier science research.
This donation was the most significant milestone to date in the University’s 17-year partnership. It will be used to establish many more multi-disciplinary, cross-institution collaborations and interactions to take place and result in many exciting scientific discoveries.
The fund will support HKUST in fostering research talent development by attracting overseas talents and encouraging local students to develop a research career through the granting of scholarships. Part of the fund will also be used to support interdisciplinary research exchanges through the hosting of international conferences at HKUST.
Meanwhile, the new cryo-EM machine is expected to commence service by early 2019. This powerful instrument allows scientists to study biological molecules and complex cellular processes in the highest resolution, which is fundamental for the understanding of the mechanism behind many diseases and disorders, as well as the development of new treatments.
An HKUST research team, for example, has recently made a ground-breaking discovery on DNA’s replication mechanism with this novel technology.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

Send this to a friend