SINGAPORE: The Nanyang Technological University (NTU) has named a new building at its medical school after the late Singaporean businessman Toh Kian Chui.

The private charity Toh Kian Chui Foundation had donated S$20 million to the school in February.

The government then matched this with S$30 million, bringing the total endowment to S$50 million.

Half of the endowment will be used to support up to 25 scholarships each year, and a gold medal award for the top student of each cohort.

Part of the funds will also be used to set up a distinguished professorship, which would provide funding for research.

The university said it hopes this can help attract top scientists and researchers to mentor its students.

Built in 1924, the headquarters for NTUs medical school at 11 Mandalay Road used to be a hostel for Singapore's first medical school.

NTUs medical school now has a new building, which has been named the Toh Kian Chui Annex.

Professor Bertil Andersson, president of NTU, said: When we decided how to have this design, we were so amazed how you could get the old building to reflect in the new building.

I think Singapore should be very proud of its short history and I think it's sort of the old is reflected in the new, and for me that is also very symbolic.

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NTU names medical school building after late Singaporean entrepreneur