Malaysian Takaful Association donates RM50,000 to support UPSI bus crash victims
MTA chief executive officer Mohd Radzuan Mohamed said the funds were raised through contributions from corporate entities directly involved in the national takaful industry.
'We are deeply saddened by this tragedy. On behalf of the takaful industry, we extend our heartfelt condolences to all the families affected.
'This is a moment for unity. While we cannot undo what has happened, this contribution reflects our compassion and our commitment to serving the community,' he told Bernama at the UPSI students' bus tragedy memorial held at the Tuanku Canselor Hall last night.
Also present at the event were Perak Menteri Besar Datuk Seri Saarani Mohamad, Higher Education Minister Datuk Seri Dr Zambry Abd Kadir, State Secretary Datuk Ahmad Suaidi Abdul Rahim, state executive councillor for Education, Higher Education, Youth and Sports Khairudin Abu Hanipah, and UPSI vice-chancellor Prof Datuk Dr Md Amin Md Taff.
Mohd Radzuan noted that in addition to MTA, several takaful companies such as Etiqa Takaful, Syarikat Takaful Malaysia and Hong Leong MSIG Takaful Berhad also contributed to the Prihatin Fund.
The fund, established specifically to support the victims and families affected by the UPSI student bus crash in Gerik, has to date raised RM1.7 million in donations.
'Of that amount, 10 percent came from MTA and takaful companies directly involved in the industry. This reflects our commitment to the core takaful principle of mutual assistance, built on a foundation of community spirit and solidarity,' he said.
On June 9, 15 UPSI students were killed after a chartered bus traveling from Jertih, Terengganu, to the university's main campus in Tanjung Malim overturned following a collision with a Perodua Alza along the East-West Highway.
The crash also left 33 others injured, including the bus driver and assistant, as well as the driver and three passengers in the Perodua Alza.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Star
5 hours ago
- The Star
ACCIM calls for enhanced tax incentives to boost Malaysian exports
PETALING JAYA: While praising the government's efforts to lower tariffs, the Associated Chinese Chambers of Commerce and Industry of Malaysia (ACCIM) urged for increased tax incentives and grants to support exporters and businesses. Its president, Datuk Ng Yih Pyng, said the Allowance for Increased Exports (AIE) should be widened and increased as part of this reduction in tariff. 'Currently, an allowance equal to 10% of the value of increased exports, deductible against 70% of statutory income,' he said in a statement on Friday (Aug 1). He said that the government should also increase the lifetime cap of the Market Development Grant to RM500,000, while raising the per-claim ceiling to RM35,000 for international trade fairs and exhibitions, and RM10,000 for locally held trade fairs and exhibitions. He claimed that the current limits of RM5,000 for local and RM25,000 for overseas reimbursement were not enough. However, he also mentioned that he supports the Investment, Trade and Industry Ministry to help exporters address the current tariffs by improving their efficiency and productivity. At the same time, he also agrees to explore further government support for businesses, particularly those in small and medium enterprises, to adapt to the new baseline tariff rate. Its minister, Tengku Datuk Seri Zafrul Abdul Aziz, said they would continue to work closely with stakeholders to maximise the opportunities from this development, including the strong momentum in approved investments, driven by ongoing infrastructure projects, a consistent realisation rate of over 85% for approved investments, as well as catalytic national development initiatives, in a statement on Friday. 'We remain committed to defending Malaysia's trade interests while fostering mutually beneficial partnerships with key economies, including the United States. Malaysia will also continue to pursue its industrial reform and strategic trade diversification initiatives to support the nation's growth,' he said.
Borneo Post
6 hours ago
- Borneo Post
Agrobank allocates RM200 million for Agrofood Financing Fund 2025
Arthur (back) witnessing Tengku Ahmad (left) handing over the DPA 2025 to KPKM Business Development and Investment Division Secretary Khalid Ibrahim. KOTA KINABALU (Aug 1): Agrobank has earmarked RM200 million for its Agrofood Financing Fund (DPA) 2025 to support national food security and promote the long-term sustainability of Malaysia's agricultural and agrofood sectors. The fund provides financing facilities to farming communities engaged in agricultural and agrofood production activities — ranging from upstream to downstream — including related support services. The goal is to encourage the adoption of agrotechnology and enhance the resilience of the agrofood industry. Agrobank Chief Executive Officer Dato Tengku Ahmad Badli Shah Raja Hussin said the bank, as the implementing agency, offers financing between RM50,000 and RM5 million to eligible agricultural entrepreneurs at a profit rate of just three percent per annum. 'The financing covers fixed capital needs such as asset purchases and development costs, as well as working capital,' he said. 'It also supports the entire agrofood value chain, including food production like planting, farming and fishing, along with processing, distribution, marketing, and food preparation services.' Tengku Ahmad said the initiative reinforces Agrobank's role as a development financial institution (DFI) committed to providing inclusive, sustainable and accessible financing to farming communities and agro-industry players. 'This effort is aligned with the government's aim to boost the competitiveness of the nation's agri-food sector,' he added. The handing over of the DPA 2025 was witnessed by Deputy Agriculture and Food Security Minister Datuk Seri Arthur Joseph Kurup during a ceremony held at the Sabah International Convention Centre here today.
Rakyat Post
6 hours ago
- Rakyat Post
Genting Malaysia Opens 2025 Scholarship Applications, Targeting Future Industry Leaders
Subscribe to our FREE Genting Malaysia Berhad has officially launched applications for its 2025 scholarship programme, continuing the company's commitment to nurturing local talent and fulfilling corporate social responsibility. The company announced today that since its establishment in 2006, the Genting Malaysia Scholarship has supported hundreds of talented Malaysian students in their higher education pursuits. It covers Additionally, recipients are given one return flight ticket. Key application details: Deadline: 15 August 2025 Age limit: Under 23 years old Eligibility: Malaysian citizens accepted into local or international universities for full-time undergraduate programmes Application method: Online only through the official website Academic requirements (any one): STPM/A-Level: Minimum 3 A grades Diploma/Foundation: Minimum CGPA 3.0 Other recognised pre-university qualifications with equivalent results Additional criteria: Active participation in extracurricular activities Demonstrated leadership abilities Willingness for personal development Priority given to: Families with a monthly income below RM10,000 who haven't received other scholarships or financial aid Supporting Malaysian Talent Development The scholarship covers key national development areas, including: Hospitality & Tourism Management Culinary Parks & Recreation Science Finance/ Accounting Actuarial Science Mathematics Data Analytics/Statistics Economics Electrical & Electronic Engineering Information Technology Computer Science Artificial Intelligence Business/Marketing Law Human Resources Psychology Since the inception of this scholarship, Genting Malaysia Berhad have seen how access to education can open doors and create lasting change, said Lee Thiam Kit, its Deputy President. At GENM, we are proud to play a part in empowering talented young Malaysians to pursue their academic goals and build a better future for themselves and their communities. For complete eligibility requirements and details, visit: Share your thoughts with us via TRP's . Get more stories like this to your inbox by signing up for our newsletter.
