KUALA LUMPUR, June 1 Nearly half of Malaysia’s 50 richest people had decreased even though collectively, the country’s wealthiest increased from US$80.5 billion (RM371.4.
Kuala Lumpur: Nearly half of Malaysia’s 50 richest people had decreased even though collectively, the country’s wealthiest increased from US$80.5 billion (RM371.4 billion) last year to US$81.6 billion (RM381 billion) this year, according to the latest list from Forbes Asia released today.
More than 12,000 Universiti Malaya (UM) undergraduates benefitted from MR DIY’s #DIY4UM initiative.
A joint collaboration between MR DIY Group (M) Berhad (MR DIY), Touch ‘n Go Group (Touch ‘n Go), and UM, #DIY4UM saw the home improvement retailer distributed over RM3.6 million to help the undergraduates prepare for the return to campus.
Under #DIY4UM, each UM undergraduate received RM300 in cash aid, to be used for the purchase of everyday essentials and learning equipment.
The funds were distributed through the Touch ‘n Go’ e-wallet in three equal payments over November and December 2021.
MR DIY Chief Executive Officer (CEO) Adrian Ong said their founder Tan Yu Yeh, is a UM alumnus, and over the years, has helped them initiate a number of various programmes to benefit the university, its students and the community it serves.
“His wish, and our vision, has been for these efforts to spur other organisa
KUALA LUMPUR: Tycoons on the 2021 Forbes Malaysia Rich List have seen a rebound in their collective wealth as it rises 14 per cent to nearly US$90 billion this year, after declining for two years.