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Malakoff Annual Charity Ride Raises RM170,000 For Six Welfare Homes

2 May 2011

Malakoff Annual Charity Ride Raises RM170,000 For Six Welfare Homes

120 cyclists covered 463km ride for charity

Malakoff Corporation Berhad (Malakoff) recently completed its Annual Charity Ride 2011 with 120 cyclists taking part in the 463km ride covering the trail from Lumut, Perak to Kuala Lumpur. This year’s Charity Ride raised RM170,000 which benefited six welfare organisations in Perak, Selangor and Kuala Lumpur. Successfully organised by Malakoff for the sixth consecutive year, the challenging event themed “Charity through Sports” was held between April 30 and May 2, with Malakoff’s business associates contributing funds to benefit deserving charity homes along the route.

Malakoff’s Head of Corporate Affairs and Communications, Yusop Rashid said, “We are very pleased to have completed the Annual Charity Ride this year as part of Malakoff’s long-term and continuous commitment to being a responsible and active participant of the local community. The event is an integral part of our flagship CSR initiative. “Through the Malakoff Annual Charity Ride, we aim to bring together our employees and business associates from various backgrounds to enjoy a challenging sporting event over three days. In the process, we also want to do our bit by contributing to the charity homes along the route. It has always been our objective to organise this event as a combination of community sports and community service,” he added. A total of over 30 of Malakoff’s business associates made contributions to the charity fund. The major contributors of this year’s charity ride were Hicom Power, Allianz Insurance, KAF Investment Bank, CIMB Group and Gas Malaysia Sdn Bhd.

Since the inaugural Ride in 2006, this event has raised and distributed RM372,380 to charity homes and orphanages throughout the country, including in the states of Kedah, Kelantan, Negeri Sembilan, Pahang, Perlis, Selangor, Perak and Terengganu. “Without the generosity of our business associates, we would not be able to organise this event. Malakoff would like to take this opportunity to thank all our business associates for opening up their hearts to the needy in our community and we look forward to their continuing support,” said Yusop Rashid.

This year’s Ride benefited charity homes for children and old folks alike. These welfare homes include Bulan Sabit Merah Malaysia Cabang Sepang, Selangor, Jawatankuasa PDK Pantai Remis, Rumah Nur Kasih Bestari, Persatuan Kebajikan Al- Furqan Manjung, Maahad Tahfiz Al Ansar and Persatuan Sindrom Down Malaysia. Over the last five years, contributions from business associates have also increased steadily from RM47,900 in 2006 to RM137,500 last year, with a record collection of RM170,000 this year.

Speaking after the Ride, Abdul Halim Jantan, the Chief Operating Officer of Sterling Insurance Brokers Sdn Bhd, who has been a devoted cyclist for the last ten years said, “I am very excited upon completing this year’s Malakoff Annual Charity Ride 2011. I am now looking forward to joining future events like this held by Malakoff with my fellow colleagues and other sponsors whereby I can contribute to the less privileged,” he said.