Kluang primary school receives RM29,400 in digital aid, books from bank
A TOTAL of 433 students of SJKC Chong Hwa 2 in Kluang, Johor are better equipped for learning after receiving RM29,400 worth of digital aid and books from OCBC Bank (M) Bhd.
The bank's contribution included a smartboard with visualiser, 10 information boards and 28 reference books, provided through its Kluang branch.
The support was part of the 'Aided to Aspire' programme under the education pillar of #OCBCCares.
SJKC Chong Hwa 2 principal Tan Guan Sen said the items came at an ideal time and addressed a long-standing need for improved digital infrastructure at the school.
'We have been looking at ways to provide a better learning experience for our students and we cannot ignore that digital is the way forward.
'We are grateful for this contribution and their generosity.
'The contribution will have a meaningful impact on our entire school community,' he said.
Kluang OCBC branch manager Siau Lee Juan said the bank engages with the communities in which it operates in by assessing their needs and strives to meet them.
'Our aspiration is to be Asia's leading financial services partner for a sustainable future extends beyond our customers.
'We want to be the bank that enables communities around us to realise their aspirations.'
'We trust that the contribution of digital aids and reference books will bolster students' learning process.
'Ultimately, the students will have a better learning environment.
'In the programme, we also advocated on recycling when we had a book drive among bank employees to collect reference books for the school,' said Siau.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New Straits Times
4 hours ago
- New Straits Times
Tex Cycle acquires Meridian World for RM42.8mil
KUALA LUMPUR: Tex Cycle Technology (M) Bhd has acquired Meridian World Sdn Bhd for RM42.8 million to the vendors, while an additional RM6.7 million retention sum was also paid to its solicitors. In a filing with Bursa Malaysia today, the waste management and recycling solutions provider said that with Meridian World now part of the group, Tex Cycle is well-positioned to scale its operations and enhance cross-segment synergies across scheduled waste recovery, environmental testing, chemical recycling, and renewable energy. Tex Cycle Group chief executive officer Gary Dass Anthony Francis said the completion of this deal is more than a financial transaction as it represents the fusion of two established industry players in Malaysia's environmental services sector to offer an expanded suite of product and service offerings that would enhance the competitive edge of the enlarged group moving forward. "Meridian World has an established track record of approximately 30 years in the scheduled waste management sector and a strong foothold in specialised waste streams, including chemical and niche waste codes such as e-waste, which gives us an expanded platform to provide end-to-end, sustainable waste solutions across industries. "Together, we are charting a more resilient, diversified, and innovative path in line with our long-term growth aspirations," he said. Meanwhile, Meridian World managing director Teoh Kok Cheow said the collaboration enables them to expand their capabilities, reach new markets, and collectively drive greater impact across Malaysia's waste management and circular economy landscape.
New Straits Times
5 hours ago
- New Straits Times
Puncak Niaga subsidiary to dispose of three loss-making units for RM3
KUALA LUMPUR: Puncak Niaga Holdings Bhd's wholly-owned subsidiary, TRIplc Bhd, is disposing of 100 per cent stake each in three dormant and loss-making units for a total cash consideration of RM3 as part of efforts to streamline its corporate structure and reduce costs. The three companies involved in the proposed disposal are Layar Kekal (M) Sdn Bhd, Samasys Sdn Bhd and Tirai Gemilang Sdn Bhd, each to be sold for RM1, Puncak Niaga said in a filing to Bursa Malaysia today. Puncak Niaga said the three entities have been inactive and have incurred losses since its acquisition of TRIplc Bhd on May 31, 2018, for RM210 million, while the total cost of investment in the three companies was RM150 million. "The board is of the opinion that the cash consideration of RM1 on each company is reasonable, as it enables the group to streamline its structure and achieve cost savings on annual statutory fees," it said. According to the latest audited financial statements for the financial year ended Dec 31, 2024, Layar Kekal, Samasys and Tirai Gemilang recorded net losses of RM5.38 million, RM5.11 million and RM5.30 million respectively and all three companies had net liabilities of RM3,400 each. Puncak Niaga also clarified that the announcement of the disposal was delayed because the company only received the duly stamped share sale agreements in the late evening of July 30, 2025. "As the stamping of the agreements is essential to formalise the transaction, the company proceeded to make the announcement on the next market day -- July 31, 2025. "The short delay also required to complete internal verification and ensure compliance with Bursa Malaysia's disclosure requirements under the Main Market Listing Requirements," it added. Puncak Niaga also disclosed that all three companies share the same set of directors, namely Tan Sri Rozali Ismail, Taufik Afendy Othman, Azlan Shah Rozali, Faridatulzakiah Mohd Bakhry, and Mohammad Shahree Shamsuddin. Copies of the audited financial statements for the financial year ended Dec 31, 2024, and May 31, 2018, are available for inspection at Puncak Niaga's registered office in Shah Alam for a period of three months from the date of this announcement.
Malaysian Reserve
7 hours ago
- Malaysian Reserve
Tex Cycle completes RM43m acquisition of Meridian World
TEX Cycle Technology (M) Bhd, a leading waste management and recycling solutions provider, has completed its RM42.8 million acquisition of Meridian World Sdn Bhd, a specialist in scheduled waste management and chemical recovery solutions. The acquisition includes a retention sum of RM6.7 million, following Meridian World's fulfilment of its profit guarantee with an audited consolidated profiy after tax (PAT) of at least RM5.3 million for the financial year ended Dec 31, 2024. The guarantee period covers FY2024 and FY2025. 'The completion of this deal is more than a financial transaction as it represents the fusion of two established industry players in Malaysia's environmental services sector to offer an expanded suite of product and service offerings… Together, we're charting a more resilient, diversified, and innovative path in line with our long-term growth aspirations,' Tex Cycle Group CEO Gary Dass Anthony Francis said. Meanwhile, Meridian World MD Teoh Kok Cheow said joining forces with Tex Cycle opens up a new chapter of growth and opportunity 'This collaboration enables us to expand our capabilities, reach new markets, and collectively drive greater impact across Malaysia's waste management and circular economy landscape.' The acquisition aligns with Tex Cycle's strategy to scale through synergistic acquisitions. With Meridian World now under its umbrella, the Group is poised to enhance operations across scheduled waste recovery, environmental testing, chemical recycling, and renewable energy. — TMR
