The outbreak of SARS earlier this year created havoc in the already fragile economy. The damage done has threatened the livelihood of many Hong Kong citizens and their self-confidence as active members of the society. A wide range of industries were affected including hotel, airline, retail, education, finance, real estate and so forth. Some of the executives working in these sectors have been unemployed or underemployed and they are desperately in need of practical assistance.

As an organization cares for the community, The Hong Kong Management Association has taken the initiative to offer HK$300,000 worth of scholarships to help enhance the competitiveness of Hong Kong executives through continuing education. The initiative has generated extensive support from individuals and companies in Hong Kong. The Association has raised another HK$320,000 from the private sector and a total of HK$620,000 worth of scholarships could be offered. The funds will be able to benefit 31 executives. They will enjoy full scholarships for diploma, professional diploma, certificate programmes, and seminars offered by the Association.

Dr The Hon David K P Li GBS JP, Chairman of the Association was proud to announce during the Presentation Ceremony held this evening (Friday, 28 November) that �the Scholarship Scheme has been a great success. Over one thousand executives showed keen interest in the scheme, and we received over one hundred applications that merited thorough review.�

The Scholarship Scheme was generously supported by 16 Grand Sponsors and 14 Sponsors. The lists are as follows:

Grand Sponsors (each donated HK$10,000):
Altruist Financial Group Ltd
The Bank of East Asia Ltd
Citigroup
Creativity and Education Foundation Ltd (donated HK$100,000)
Eagle Star Insurance Group
EganaGoldpfeil (Holdings) Ltd
Harilela Hotels Ltd
Hewlett-Packard HK SAR Ltd
Hong Kong Air Cargo Terminals Ltd
The Hong Kong and China Gas Company Ltd
Hysan Development Company Ltd
The Incorporated Trustees of Chiap Hua Cheng`s Foundation
JM Insurance Management Ltd
Kowloon-Canton Railway Corporation
Dr The Hon David K P Li GBS JP
An Anonymous Donor

Sponsors (donated HK$5,000):
Artin International (Holdings) Ltd
Crown Worldwide Holdings Ltd
Crystal Knitters Ltd
Far East Consortium Ltd
Fidelity Investments Management (HK) Ltd
Guoco Group Ltd
Hong Yip Service Co Ltd
Integrated Display Technology Ltd
International Bank of Asia Ltd
Ms Christabel Lee
McKinsey & Company, Inc
Modern Terminals Ltd
Dr Dennis T L Sun BBS JP
Yau Wing Company Ltd

Media Sponsors:
South China Morning Post & Jiu Jik

The 31 awardees of the Scholarship Scheme and their fully subsidized programmes are as follows:

	Programmes	Name of Awardees
1.	Advanced Diploma in Secretarial and Administrative Studies	Ms Wong Chung Hang
2.	Advanced Diploma in Secretarial and Administrative Studies	Ms Choi Siu Man
3.	Certificate Programme on Industrial Management in the Mainland	Mr Fong Chi Pong
4.	Certificate Progrmame on Company Secretary (Part 1, 2 & 3)	Mr Pan Yue
5.	Diploma in Business Management	Ms Ip Bik Chi
6.	Diploma in Management Studies	Mr Chan Sik Chung
7.	Diploma in Management Studies	Ms Yeung Wai Sze
8.	How to Manage Your Sales Team	Ms Fu Shuk Man
9.	Professional Diploma in Accountancy	Mr Lau Chor Yuen
10.	Professional Diploma in Accounting & Taxation in the Mainland	Ms Woo Chi Yuen
11.	Professional Diploma in Bilingual Business Communication	Ms Chan Pui Har
12.	Professional Diploma in Chinese Cosmetics Medicine	Ms Law Lan Wai
13.	Professional Diploma in Computer Animation	Ms Chi Kwan Yee
14.	Professional Diploma in Computer Animation	Ms Rachel Varghese
15.	Professional Diploma in Corporate Administration	Mr Sze Kin Chit
16.	Professional Diploma in Customer Service Management	Ms Chan Pui Pui
17.	Professional Diploma in Financial Management	Mr Lau Siu On
18.	Professional Diploma in Interior Design	Mr Lee Wai Kwok
19.	Professional Diploma in Inventory & Logistics Management	Ms Chan Wun Kan
20.	Professional Diploma in Investment & Financial Risk Management	Mr Ng Lai Yan
21.	Professional Diploma in Legal Studies	Ms Got Pui See
22.	Professional Diploma in Legal Studies	Ms Ip Wun Cheung
23.	Professional Diploma in Leisure Club and Resort Management	Ms Chan Nga Sze
24.	Professional Diploma in Marketing Management	Mr Chang Chun Ming
25.	Professional Diploma in Project Management	Mr Leung Hon Wai
26.	Professional Diploma in Project Management	Mr Lai Chi Yan
27.	Professional Diploma in Project Management	Mr Lau Wai Lam
28.	Professional Diploma in Public Relations Management	Ms Tam Wing Kei
29.	Professional Diploma in Purchasing & Merchandizing Management	Ms Choi Luk Yu
30.	Professional Diploma in Shipping & Logistics Management	Ms Ng Chu Ling
31.	Test for Proficiency in Putonghua	Ms Law Yuen Ping

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Issued by The Hong Kong Management Association on 28 November 2003.
For press enquiries, please contact Ms Titania Woo on 2774 8580 / 9094 2960 / titaniawoo@hkma.org.hk or Ms Sunnie Ma on 2774 8581 / sunniema@hkma.org.hk.