YBU HOLDINGS SDN. BHD. ANNOUNCES CORPORATE CONTRIBUTION TO YAYASAN BINA UPAYA DARUL RIDZUAN AND ITS CORPORATE SOCIAL RESPONSIBILIY INITIATIVE
By YBU Holdings Sdn. Bhd.
27th December 2013
IPOH, PERAK MY - YBU HOLDINGS SDN BHD is pleased to announce its corporate contribution to Yayasan Bina Upaya Darul Ridzuan (YBUDR) in its support of YBUDR's eradication of poverty and empowerment programs for the years 2012, 2013 and projected contribution for year 2014.
Additional announcement of YBU Holdings' own Corporate Social Responsibility (CSR) initiatives since its inception, in line with its aspiration as a responsible corporate entity.
The media conference for this announcement will be held on 27th December 2013 by YBU Holdings Chairman, Encik Khairul Azwan Bin Dato' Harun.
Contribution to Yayasan Bina Upaya Darul Ridzuan(YBUDR)
YBU Holdings contributed a total sum of RM 2 million to YBUDR in 2012.
This amount is distributed for the operation costs of "Infra Bina Upaya" in the amount of RM 752,000.00 and "Ikhlas Bina Upaya" for RM 188,000.00. Direct cash contribution to YBUDR is in the amount RM 1,060,000.00.
YBU Holdings contributed a total sum of RM 4.87 million to YBUDR in 2013.
The building of warehouse facilities for conducting "Ikhlas Bina Upaya" and "Imarah Bina Upaya" programs , totalling RM 230,000.00. Facility operation assistance given for "Infra Bina Upaya" and "Skim Rumah Insan Amanjaya" programs in the amount of RM 216,000.00.
For the operation costs of "Infra Bina Upaya" and "Skim Rumah Insan Amanjaya", YBU Holdings contributed RM440,000 and for "Ikhlas Bina Upaya" and "Imarah Bina Upaya", YBU Holdings contributed RM 230,000.00.
YBU Holdings provided a total of RM 255,000.00 for a newly introduced youth training program, "Skim Latihan Automatif Amanjaya" by YBU Education Services. Also a sum of RM 500,000.00 contributed to the YBUDR's Kelab Sukan & Rekreasi.
Finally, for year 2013 a direct cash contribution made to YBUDR in the amount RM 3,000,000.00.
Contribution to Yayasan Bina Upaya Darul Ridzuan(YBUDR) (...continued)
Year 2014 (Projection)
YBU Holdings expects to contribute approximately RM 4.29 million at minimum to YBUDR in 2014.
The provisions for support and operational costs of "Imarah Bina Upaya" and "Ikhlas Bina Upaya" programs in the amount of RM 275,000.00 and "Skim Latihan Automotif Amanjaya" for RM 126,000.00. Provisions for "Skim Rumah Insan Amanjaya" and "Infra Bina Upaya" programs, a total of RM 528,000.00 is expected to be provided.
The sum of RM300,000 to be allocated for YBUDR's Kelab Sukan & Rekreasi activities.
A direct cash contribution to YBUDR in the amount RM 3,000,000.00 is also pledged.
For year 2014 as well, YBU Holdings will endeavour in its funding efforts to realize the newly proposed Menara Bina Upaya, acquisition of a building to be established as the new headquarter to centralized all staffs under the YBU group (YBUDR & YBU Holdings).
YBU Holdings Sdn. Bhd.'s Corporate Social Responsibility (CSR) Initiatives
YBU Holdings as a responsible corporation realizes its calling to ensure it plays a positive role in the welfare of the community. In providing assistance and support to other organizations or communities in need, YBU Holdings ensures that its contributions do not overlap with YBUDR's programs.
A total of 14 organizations have received contributions from YBUH to carry out sports and community based activities with a total value of RM 92, 986.00. The contributions are divided into Non-Governmental Bodies (NGOs) with the contribution of RM 23,400.00; Associations/Clubs with total donation of RM 8,000.00; Sports with the contribution of RM 55, 000.00; Education with a value of RM 6,586.00.
For the year (end September) a total of RM56, 055.00 was donated to 19 organizations. These include contributions to Non-Governmental Organizations (NGOs) of RM 13,290.00; Associations/Clubs with total donation of RM 15,000.00; Sports with contribution of RM 10,545.00; Education with a value of RM 17,220.00.
YBU Holdings Sdn. Bhd.'s Corporate Social Responsibility (CSR) Initiatives (...continued)
Year 2014 (Projection)
For the year 2014, YBU Holdings intends to contribute about RM 100,000.00 within the four areas or groups of recipients, with equal division to sports, education, associations or clubs, as well as non-governmental organizations (NGOs) activities. YBU Holdings is very committed and concerned about the spiritual and human development and community particularly in the state of Perak.