Daily Express
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Excelrun increases Charity and Education Fund to RM2.5mil

Published on: Friday, December 27, 2013

Kota Kinabalu: Excelrun Sdn Bhd is not only walking the talk in its commitment to the company's Charity and Education Fund (2011-2020) but also increasing the amount from next year onwards.

The coming charity event with the theme 'We Care, We Share And We Inspire' will be held on January 4, 2014 at the Pacific Sutera Hotel at 8.45am to mark the fourth release of contributions under Excelrun's corporate social responsibility (CSR) programme.

Its Managing Director, identified only as Tan, wants more target groups to benefit from the company's fulfillment of its pledge. Excelrun is the developer of Lintas Plaza and Lintas Station.

Announcing this at a press conference, General Manager Juliet Lo said each of the 27 selected beneficiaries will receive RM10,000, amounting to a total allocation of RM270,000, from the Charity and Education Fund.

She said the fund has been increased to RM2,500,000 from the original sum of RM2,000,000 pledged during the launching of the fund on January 23, 2010.

"Since the launch of the fund, Excelrun has been distributing RM200,000 annually for the past three years from 2011 to 2013.

"With effect from 2014, a sum of RM270,000 will be given out for the next six consecutive years with RM280,000 in the final year of 2020.

"This presentation will make a grand total of RM2,500,000 at the end of the 10-year CSR programme," she said.

Of the 27 prospective recipients comprising charitable homes, welfare organisations and schools, eight are new ones, namely Papar Middle School, Beaufort Middle School, Tenom Tshung Tsin Secondary School, Sabah Chinese High School (Tawau), Lahad Datu Middle School, Kota Kinabalu Charitable Foundation, Kudat Community-Based Rehabilitation and Montfort Youth Training Centre.

"With the increased financial allocation, the company hopes to reach out to a bigger spectrum of the needy community placed in welfare homes or under the care of specific organisations, as well as students from the various schools," said Lo.

The main objective of the Charity and Education Fund is to provide financial assistance for at least six categories of beneficiaries:

O Special medical care or life supporting facilities or training opportunities to the underprivileged or less fortunate people who cannot afford to undergo the necessary medical treatment.

* The welfare homes for orphans, senior citizens or children.

* Needy students and youth to continue their education or skill training.

* Rehabilitation programme for the physically and mentally challenged people.

* Improvement of living conditions of the destitute.

* Humanitarian relief fund for local or global disasters, irrespective of race, religion, age, gender, nationality, ethnicity or social origin.

Also present were the company's Accounts Manager, Sen Yen Moi, and Personal Secretary to the Managing Director, Catherine Wong.