GEORGE TOWN, March 20 -- The state government is appealing for corporate sponsorship of the Penang Future Foundation (PFF) scholarship scheme that is at risk of running out of funds.

Penang Chief Minister Chow Kon Yeow said the PFF is down to its last RM5 million, enough to support scholarship recipients for around two years.

This year marks the 10th year since the PFF was set up where a total 805 undergraduates had benefited from it.

"We do not want to reduce the number of recipients, even though it is less this year, due to limited funds so we are appealing to the industry to contribute to this scheme as it also benefits the industry," he said in a press conference at his office in Komtar today.

He said the state may also need to to...