EDUCATION can be a big money earner but to the Sunway Group, that is not the top priority. In 1997, in the midst of the economic downturn, the group established the Sunway College Trust Fund and made the college a not-for-profit educational institution.
“Sunway Group founder and chairman Tan Sri Jeffrey Cheah persuaded the shareholders to convert the college into a trust fund even though that meant giving up his right to dividends. That is our way of giving back to the community,” says Sunway Group deputy chairman Datuk Razman Hashim.