KUALA LUMPUR, Tuesday, 17 January 2023: Radium Development Berhad (Radium) today signed a Memorandum of Understanding (MoU) with Tunku Abdul Rahman University of Management and Technology (TAR UMT) towards supporting the educational aspirations of Malaysian students from the B40 community.
The MoU signing, which took place on Monday, 16 January 2023, at TAR UMT’s campus in Kuala Lumpur, marks the start of a five-year partnership that sees the KL-based property developer contributing RM500,000 towards the establishment of the TARC-Radium Care Student Loan, which will be managed by the TAR UMT Student Loan Fund committee.
The MoU was signed by Radium Group Managing Director Mr. Gary Gan Kah Siong and TAR UMT President Professor Ir. Dr Lee Sze Wei. The senior management teams from both organisations were present to witness the event.
Mr. Gary Gan Kah Siong said the partnership with TAR UMT is in line with Radium’s vision, ‘Building Good’, by contributing and staying connected with the community.
Professor Ir. Dr Lee Sze Wei said the university is pleased to partner with Radium Development Berhad to provide opportunities to students from the underserved community to attain good tertiary education.
TAR UMT’s Student Loan Fund was established in 1979 with the aim of helping needy and deserving students pursue and complete their tertiary education. It is a revolving loan fund whereby funding comes from monetary contributions from alumni, corporations, foundations, and private individuals. Since its establishment, the Fund has disbursed over RM57 million over 15,000 loan awards to students, who need only to pay the exact amount they borrowed, without any interest.
For more information, please visit here for Radium Care Student Loan.
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