Posts Tagged ‘Funds’

SJKT Ladang Minyak gets 2 acre land from UMW as compensation

March 12th, 2012
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Good news amidst some bad ones, SJKT Ladang Minyak gets compensation land from UMW Holdings to construct new building.

Anyway, I thought that such redevelopment of estate land must incorporate proper settlement of ex-workers and relocation of schools, temples etc. Remember reading about it somewhere. Not sure if under state or federal policy.

10 acres were allocated, of which 8 was given as compensation to estate workers by handing over the land to RV Globals Sdn Bhd. Which sounds weird but maybe its some legal requirement to have an entity to represent the workers. This company will subdivide the land and built houses and other infrastructure for the 136 ex-workers.  It seems the chairman of LPS is also involved in RV Globals.

Below is the news on the 8 acres transfer ceremony done in 2007:

Dato’ G. Palanivel, Deputy Minister, Ministry of Women, Family & Community Development today witnessed the signing of the transfer of 8-acres of UMW land in Serendah, valued at RM2.0 million, as compensation to ex-workers of the New Serendah Estate, through RV Global Sdn Bhd, which acts as a legal entity to represent the ex-workers.

The Transfer Agreement was signed by Dato’ Dr Abdul Halim Harun, UMW Group Managing Director & CEO and En Meor Mohar Azhar Abd Ghani, Executive Director, on behalf of UMW Corporation Sdn Bhd, whilst Mr A Ramarao and Mr A Kohilan Pillay, Managing Director and Director, respectively, signed on behalf of RV Global Sdn Bhd.

Also present at the ceremony were Tan Sri Asmat Kamaludin, UMW Group Chairman, senior MIC officials, representatives of New Serendah Estate and senior management of UMW Group.

When UMW acquired the New Serendah Estate Land from the Selangor State Government in 1992, there were 136 ex-estate workers occupying the workers’ quarters on UMW’s land. On compassionate grounds, UMW allowed them to continue staying at the quarters with free water supply and subsidized electricity.

Over the years, UMW went through numerous discussions and negotiations with representatives of the New Serendah Estate and other related parties, on how best to compensate the 136 ex-estate workers who were affected by UMW’s purchase of the Serendah land.

In August 2006, the UMW Holdings Board of Directors approved a proposal to transfer the 8-acres of land to RV Global Sdn Bhd, which will act for the interest of the 136 ex-estate workers. RV Global will undertake to further sub-divide the land for the construction of houses, as well as build a community hall and a playground for the ex-estate workers and their families.

In his speech on behalf of UMW Corporation, En Meor Mohar Azhar Abd Ghani said, “YB Dato’ Palanivel, in his capacity as the Hulu Selangor Member of Parliament, has been instrumental in enabling UMW Corporation and the ex-workers of Syarikat Ladang New Serendah Estate to reach a mutually agreeable solution to resolve this particular issue. In spite of his tight work schedule, as a Deputy Minister and a member of Parliament, he has made the time to ensure that this amicable settlement is made possible.”

He added, “On UMW’s part, the transfer of the land to RV Global signifies the fulfillment of our social responsibility to the Serendah ex-estate workers community. We are glad that the parties concerned have been able to resolve all related issues amicably.

source:  http://www.umw.com.my/news/PressReleases/Pages/070718_news_release.aspx

So, after 5 years, now the balance 2 acres has been given to the school.

AS PART of its Corporate Social Responsibility (CSR) effort, UMW Holdings Berhad donated two acres of its land in Bandar Serendah, valued at RM800,000, for the purpose of building a Tamil school for the local community. The property will be transferred in favour of “Lembaga Pengelola Sekolah, SJK(T) Ladang Minyak, Bestari Jaya” in Kuala Selangor which will relocate the school to Bandar Serendah.

Previously, the UMW Holdings’ Board of Directors had approved the transfer of up to 10 acres of land as part of the resettlement of the ex-estate workers of the former New Serendah Estate. Eight acres of the land had been transferred to a legal entity known as RV Global Sdn Bhd, which undertook the responsibility of safe-guarding the interests of the ex-workers and families after UMW acquired the New Serendah Estate Land from the Selangor Government.

The transfer letter was handed over by UMW Corporation Sdn Bhd executive director Suseela Menon to Amaran Krishnan, secretary of Lembaga Pengelola Sekolah, SJK (T) Ladang Minyak, Bestari Jaya. The event was witnessed by Member of Parliament for Hulu Selangor P. Kamalanathan and chairman of Lembaga Pengelola Sekolah A. Rama Rao. [MyNadi chairman is also present in the photo].

Also present at the ceremony were management representatives of the UMW Group and representatives of MIC and Gerakan.

UMW has always believed that a company, a community or a nation can only stand strong and continue to grow and thrive, if it is supported by a strong pillar of knowledge and education.

UMW embarked on this programme because the group believes that education should not be a privilege limited to a few, but a basic right that should be easily accessible and available to all.

It is hoped that the development of this school, to be located on the former New Serendah Estate land, will greatly benefit and further enrich the minds of the children of the ex-estate workers and the local community.

source: http://thestar.com.my/metro/story.asp?file=/2012/3/12/central/10883559&sec=central

Hopefully the school will be allocated sufficient funds to construct the new building within the acceptable timeframe.

SJKT St Helier, SJKT Serdang, SJKT RRI Sg Buloh building problems

March 7th, 2012
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While in recent days we’ve seen Samy Vellu launching new wing of Sekolah Jenis Kebangsaan Tamil (SRJKT) Ladang Henreitta in Padang Serai (refer here), and  PM announcing proposal provide allocation for 3 new block at  SJKT Simpang Lima anda block at  SJKT Methodist Kapar (refer here), we are also saddened by incidents in three other schools recently – SJKT RRI Sungai Buloh, SJKT Serdang and SJKT St Helier.

You can read about SJKT Serdang classroom roof collapse here, while news on the other 2 schools are below.

 

SJKT RRI Sungai Buloh

THE parents of the 500 pupils in SRJK (T) RRI Sungai Buloh are concerned over poor conditions at the school following a freak storm last week.

They said the school’s roof was heavily damaged during the storm.

Parents’ and Teachers’ Association (PTA) chairman P. Suresh Kumar said the more than 70-year-old school was in dire need of repairs.

Cleaning up: Suresh (right) and another parent gathering the broken shelves from the library.

“About 50 kindergarten pupils were attending class when the storm hit and they had a big scare.

“It happened at about 3pm on Wednesday and the class had to be postponed,” Suresh said.

According to him, the school’s roof had last been replaced 25 years ago.

Suresh added that bookshelves in the library had also been damaged by the water leaking in through the damaged roof.

“A lot of of books were also damaged,” he said

Suresh said the school needed about RM200,000 to repair the damage.

He said he had also submitted an application for a new plot of land for the school through the Prime Minister’s Department.

“I submitted the application last year but have not received any feedback,” he said, adding that the area was up for development and the parents feared losing the school.

source: http://thestar.com.my/metro/story.asp?file=/2012/3/7/central/10859837&sec=central

SJKT St Helier

Makkal Osai reported that 288 students boycotted classes while their parents staged a demonstration in front of the St Helier Tamil School in Bahau on Monday over the school’s building safety.

Classes for the 120 affected students would be conducted in the St Helier estate until the repairs are done

source: http://thestar.com.my/news/story.asp?file=/2012/3/7/nation/10865586&sec=nation

There’s some action being taken, says ADUN VS Mogan (though its still at level of “akan memohon bangunan baru jika didapati berisiko”:

 

VS Mogan keluar dari kawasan sekolah selepas melawat keadaan bumbung bangunan SJK Tamil St. Helier, di Jempol, semalam.
JEMPOL 28 Feb. – Bumbung sebuah bangunan di Sekolah Jenis Kebangsaan (SJK) Tamil St. Helier dekat sini yang hampir roboh dan tidak selamat digunakan akan dibaiki segera.
Ahli Dewan Undangan Negeri (ADUN) Jeram Padang, Datuk VS Mogan berkata, Kementerian Pelajaran melalui Jabatan Pelajaran negeri telah meluluskan peruntukan sebanyak RM114,000 bagi membaiki bumbung serta tiang yang rosak tersebut.
“Bangunan yang menempatkan beberapa bilik darjah itu telah dibina pada 2002 oleh Persatuan Ibu Bapa dan Guru (PIBG) sekolah berkenaan.
“Sejak beberapa tahun lalu, struktur tiang pada bumbung berkenaan mula rosak dan menyebabkan berlaku anjakan pada bumbung, yang kini dilihat tidak selamat untuk digunakan oleh pelajar di sekolah ini,” katanya ketika melawat sekolah itu dekat sini, semalam.
Mogan berkata, bumbung bangunan yang menempatkan 120 pelajar itu kini menunggu masa untuk roboh jika tidak dibaiki segera.
Beliau yang melawat sekolah berkenaan petang semalam turut meninjau keadaan bumbung di salah satu bangunan itu dan mengesahkan ia tidak boleh digunakan buat masa ini.
“Saya telah minta pihak sekolah tidak lagi menggunakan bangunan tersebut dan menempatkan pelajar dalam makmal komputer sehingga ia dibaiki dan disahkan selamat,” tegasnya.
Mogan yang juga Pengerusi Jawatankuasa Bertindak Hal Ehwal Perladangan, Sumber Manusia, Alam Sekitar dan Pengaduan Awam negeri berkata, pemeriksaan terhadap semua struktur bangunan di sekolah itu akan dibuat oleh pihak Jabatan Kerja Raya (JKR).
”Jika kita dapati bangunan itu juga berisiko, maka kita akan memohon supaya dibina bangunan baru yang lebih selesa,” jelasnya.
Pada masa yang sama, Mogan meminta ibu bapa supaya tidak panik dan dapat terus menghantar anak mereka bersekolah seperti biasa.
Wonder if the “RM340 million allocated in last 3 years” is enough or has been actually spent. It was supposed to be for upgrading and maintenance of SJKT school buildings. It was meant to cover about 75 schools, but maybe we have far more school in dire conditions.

Bumiputera Education Fund

February 2nd, 2012
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 This a rather old news (announced on 26th November 2011), but till date I can’t find any info about this Yayasan. Don’t ask me how to apply etc.

So, RM30 million from government for this education fund, and to be supplemented by contribution from GLCs etc to the tune of RM158 million so far. Very huge some indeed.

Wonder if the same can be done for other Malaysians. We also human beings la.

In launching a new strategic roadmap to boost Bumiputera participation in the national economy, Datuk Seri Najib Razak announced today a RM30 million endowment from the government into a new private education trust fund for Malaysia’s largest ethnic community.

The Yayasan Peneraju Pendidikan Bumiputera, he said, is aimed to fund 12,000 Bumiputeras in private education all the way through to PhD level.

“Raising the capability is important to ensure the Bumiputera workforce can raise their individual potential income in line with the nation’s objective to achieve high-income status,” the prime minister said in his opening speech.

The trust fund is to start operations early next year, and is targeting to build a RM500 million fund within five years.

Najib (picture) said 21 companies and institutions have pledged a total of RM158 million for the fund to date.

Among a group 10 businesses injected funds of RM10 million each, included CIMB Bank Berhad, Felda Holdings Berhad, Sime Darby Berhad, UEM Group Berhad and Yayasan Al-Bukhary founded  by magnate Tan Sri Syed Mokhtar Al-Bukhary, Malaysia’s richest Bumiputera corporate figure reported to be worth US$1.7 billion (RM5.4 billion).

In his speech, Najib noted the number of registered Bumiputera professionals had risen with the most recent record in 2008 showing there are now 51,306 or 45 per cent out of the entire group of professionals nationwide.

But he said it was not enough.

Najib said the transformation roadmap is a three-pronged approach to push Bumiputera stake of the national economic pie from the existing 21.9 per cent to fulfil the original New Economic Policy goal of 30 per cent.

Apart from setting up an education fund,  the government is looking to grow entrepreneurship by setting up one-stop business centres in every state or economic corridor.

Najib announced the Northern Economic Corridor Region will be the first to open its doors by the first quarter of next year.

He added that the third strategy is to groom large-scale Bumiputera businesses.

He said by setting up such an economic ecosystem where the big companies help the smaller firms, it will ultimately result in more Bumiputera businessmen.

“Among the main steps that will be taken is to encourage company participation through joint-ventures and acquisitions.

“Besides that, the divestment of GLC involvement in non-core [businesses] can create business opportunities for Bumiputera companies,” Najib said.

As an example, he highlighted the recent distribution of 43 per cent of the overall value of the MyMRT project to Bumiputera.

The PM said a separate Bumiputera unit had been set up under MRT Corp to manage the Bumiputera interest in the rail project.

source: http://www.themalaysianinsider.com/malaysia/article/putrajaya-pumps-rm30m-into-new-bumi-education-trust/

Apply for Skim Amanah Rakyat SARA 1Malaysia

February 1st, 2012
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First, some introduction:

Skim Amanah Rakyat 1Malaysia (SARA 1Malaysia) is a special Scheme initiated by the Government of Malaysia aimed at promoting the participation of the low-income group to save and invest; apart from to assist them in managing the impact of the rising current cost of living.

The Scheme will be implemented in collaboration with Permodalan Nasional Berhad (PNB) and selected financial institutions.

Through this Scheme, eligible Malaysians will have the opportunity to apply for a RM5,000 loan from participating financial institution to invest in Amanah Saham 1Malaysia (AS 1Malaysia) managed by Amanah Saham Nasional Berhad (ASNB), and will receive attractive incentive payments on their savings and investments.

About the loan:

  • The loan amount is RM5,000 per household.
  • The loan is for the purchase of 5,000 Amanah Saham 1Malaysia (AS 1Malaysia)I units.
  • Participation will be opened for one year starting from 30 January 2012* or upon full subscription of the total allocation, whichever is earlier.
  • Participation will be disqualified in the event of:
  1. The participant misses three consecutive monthly payments;
  2. The participant provided false information during application;
  3. The participant is declared a bankrupt; or
  4. The participant dies.

NOTE: there was supposed to be a cash based investment as well (meaning you don’t need to apply for the loan), but latest statement in BERNAMA says only loan-based application will be accepted.

So, what are the benefits?:

If you use your savings to invest, you will get a fixed dividend of RM134 monthly. But, if you choose to reinvest the dividend every month, you will receive RM13,000 at the end of the programme’s five-year lifespan. [but since you can't use cash, so I'm not sure how this will work as nothing is mentioned on the official website].

If you take the loan, repayment is RM84 monthly, leaving RM50 to reinvest and a RM10,000 payout in five years.

Also, surprising to see quota in the allocation. If your aim is to help poor people, why have quota based on race?

1. Are you eligible? Check this out:

  1. Malaysians aged between 18 and 58 years old
  2. Gross household income of between RM500 and RM3,000
  3. Applicants must not be declared bankrupt throughout the loan funding period
  4. Any other terms set by the banks
  5. Applicants and / or spouse must not be a participant or beneficiary of any ASNB-related Government programme:
    • Program Pembangunan Rakyat Termiskin;
    • ASB Sejahtera; and
    • ASW2020-Bandar
  6. Applicants and / or spouse do not have any investments in ASNB unit trust products OR applicants and/or spouse(s) (household) have a combined aggregate investment of less than RM10,000 in all ASNB products
  7. All-clear status for ASNB unit trust account
  8. Application is subject to the distribution of Amanah Saham 1Malaysia (AS 1Malaysia)I as stipulated and availability:
    • Bumiputera – 50%;
    • Chinese – 30%;
    • Indian – 15%; and
    • Others – 5%
  9. Only one member of the household is eligible to obtain the loan funding
  10. Application is approved for a loan at one bank

DEFINITION OF HOUSEHOLD
Eligible household refers to individuals with gross household monthly income of between RM500 and RM3,000 including the following categories:

  • Married – a combination of gross income of the husband and wife; and
  • Single mothers or fathers – individual gross income.

2. Fill up the Application Form

So, you are qualified? Then get the form: http://www.sara1malaysia.com.my/Borang_SARA1M.pdf

3. What documents to prepare and bring? Prepare the following:

Main Documents

  • Application form to participate in Skim Amanah Rakyat 1Malaysia (BPPSARA1M)
  • Loan Form from the participating financial institutions
  • Registration form of Unit Amanah Akaun Dewasa ASNB P1
  • Additional Investment Form ASNB 21
  • Redemption Form ASNB 31
  • Investment Book Renewal Form BS3
  • Risk Disclosure Statement (RDS)

Supporting Documents

  • Original and 2 copies of Mykad of applicants
  • Original and 1 copy of Mykad of spouses (if applicable)
  • Certified Income document
    • For applicants and/or spouses, please provide original and copies of the latest three months’ Pay Slips or Bank Statements.
    • For applicants who do not have Pay Slip or Bank Statement, the income declaration stated in BPPSARA1M Part C will be applicable.

     

    * BPPSARA1M MUST be signed before a WITNESS – either the Employer/Penghulu/Official at the Department of Orang Asli Development/Government Official in a Managerial Position /Member of State Legislative Assembly/ Member of Parliament

4. Where to go to apply? 

Go to any branches of the following banks: Maybank, RHB, CIMB, BSN. If your application is approved, the bank will inform you.

5. Got questions? Contact them! :

Special Project Unit – SARA 1Malaysia
28th Floor, Menara PNB
201-A Jalan Tun Razak
50400 Kuala Lumpur

Tel: 03-2057 3065
Fax: 03-2050 5140

Email: saracare@sara1malaysia.com.my
Website: http://www.sara1malaysia.com.my

HOTLINE from 9 a.m. to 5 p.m.
Monday to Friday (excluding public holidays)

reference: http://www.sara1malaysia.com.my/n_index.php

New Sikh temple in Section 18 Shah Alam

January 13th, 2012
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 Happy to hear that a Sikh temple is being built. Interesting to note that it took them 21 years to get the application approved after several rounds of negotiation. Quite fast eh? :-) Good luck to the community in building the gurdwara. Hope they will get sufficient funds from federal and state governments. Election coming soon, so better squeeze them for much fund as possible.

Also I hope the gurdwara doesn’t become an issue since I believe about 90-over % of the population in Shah Alam are Muslims.

 

SOME 400 Sikh families in Shah Alam can soon look forward to performing their prayers and carry out other related activities in a more conducive environment once their long-awaited new place of worship in Section 18 is completed in November.

The community, who had been holding their religious activities under cramped conditions at a corner unit of a low-cost double-storey house in Section 25, Taman Sri Muda since 1993, will no longer have to travel all the way to other gurdwaras in Klang or Petaling Jaya as the new premises will be sufficient to accommodate larger congregations.

The New Building Fund committee chairman Patminderjit Singh said work on the new place of worship began last month and some RM1.1mil had been raised to-date.

For a smooth-sailing project: Priests performing prayers before the commencement of the construction of the new Gurdwara Sahib Shah Alam project in section 18.

“The Sikh community desperately needs a new gurdwara as the present premises is unable to accommodate us. We have had to put up tents outside the present premises whenever the crowd was big,” he said.

Patminderjit said Sikh families were also unable to hold weddings or other major events such as Vaisakhi, which was the most important event in the Sikh calendar on a big scale at the present premises due to this.

“The residents here had also complained to the authorities several times particularly when we put up a tent to allow the congregation to partake in langgar (vegetarian meals),” he said adding that the Sikhs had never intended to inconvenience their neighbours but were left with no choice.

Patminderjit said the new gurdwara would be able to serve the growing Sikh community with more new townships opening up in surrounding areas.

Apart from Shah Alam, Sikhs from Taman Sri Muda, Bukit Rimau, Kota Kemuning, Bukit Kemuning, Bukit Jelutong and other nearby areas in Petaling Jaya, Kelana Jaya, Subang Jaya and Klang thronged the present premises during religious celebrations.

Soon to be ready: An artist’s impression of the new Gurdwara Sahib Shah Alam.

Patminderjit said the community would also be able to hold Punjabi language and music classes, particularly for the children once they moved to the new premises.

Sikhs, he said, first submitted an application for a parcel of land in 1984. After several rounds of negotiations with the state government, the present site was approved on Dec 20, 2005.

Patminderjit said the committee had also written to the Inland Revenue Board to seek tax exemption for those who donate to the cause.

“Piling work has been completed and work is in full swing now.

“We have now invited tenders for the main building and are hoping that more donors would come forward to help us,” he said, adding that the Sikhs had also written to the federal and state authorities for financial aid.

Those who wish to know more about the progress of the construction or to make donations can visit www.gssabuildingfund.com.

source: http://thestar.com.my/metro/story.asp?file=/2012/1/6/central/10190913&sec=central