Press Statement by the Chief Minister of Penang Lim Guan Eng in Komtar, George Town on 5 March 2018 

Penang Future Foundation (“PFF”) started in 2015 as the Penang State Government’s initiative to aid outstanding and deserving Malaysian youths to pursue tertiary studies in public/private universities in Malaysia. With valuable contribution from the private sector and donors, especially the Penang Turf Club who recognize the importance of education and the need to retain local talents, PFF has awarded approximately 300 scholarships over the last 3 years. Selected scholars come from a diverse range of backgrounds and are enrolled in fields of Science, Technology, Engineering, Mathematics, Accountancy and Finance.

Entering its fourth year, this scholarship fund intends to help the Penang State Government achieve our objective of building human talent to realise the potential expressed in the British Broadcasting Corporation (BBC) documentary describing Penang as Asia’s next Silicon Valley. Prospective students may apply to be either a ‘PFF Penang Scholar’ or ‘PFF Mutiara Scholar’. Interested candidates are advised to check the eligibility requirements for each category. Both categories have different eligibility criteria based on, among others, candidates’ financial background and scholastic record.

PFF Penang Scholar’ caters for those with CGPA of 3.67 and above whereas ‘PFF Mutiara Scholar’ is available for applicants whose CGPA is between 3.00 to 3.66. Successful applicants will receive benefits that correspond with the scholarship awarded to themDetailed information on benefits and terms of the scholarship is available at PFF’s website (

Application window for PFF Scholarship 2018 will open from 1 June 2018 to 21 June 2018. Interested students are encouraged to keep a lookout for periodic announcements through the following channels –

  1. PFF’s website at;

  2. Buletin Mutiara’s distributed free copies;

  3. social media websites including Facebook and Twitter; and

  4. selected education fairs in Malaysia.