Malaysia

Medac provides almost RM700,000 for S’wak needy groups

Cooperatives affected by floods, movement control order among recipients of aid

Updated 5 years ago · Published on 30 Jan 2021 2:06PM

Medac provides almost RM700,000 for S’wak needy groups
In addition to aid for cooperatives that fell victim to floods, the Entrepreneur Development and Cooperatives Ministry has also donated school supplies to 700 underserved children in Sarawak. – TimeOut pic, January 30, 2021

KUALA LUMPUR – The Entrepreneur Development and Cooperatives Ministry (Medac), via its agencies, Bank Kerjasama Rakyat Malaysia Bhd (Bank Rakyat) and the Cooperative Commission of Malaysia (SKM), has provided close to RM700,000 worth of assistance to needy groups in Sarawak.

Its minister Datuk Seri Wan Junaidi Tuanku Jaafar said SKM has provided RM402,500 worth of assistance in cash and kind for the recipients.

He said this includes RM22,500 to 300 flood victims, RM47,000 to cooperatives affected by floods, and RM333,000 into the Cooperative Enhancement Programme (CEP). 

“CEP is an initiative by Medac to assist cooperatives with potential to further expand their business operations that have been affected by the movement control order,” he said in a statement today.

Meanwhile, Wan Junaidi said Bank Rakyat has donated RM112,000 worth of school supplues to 700 underprivileged students in Sarawak. 

“This is part of the nationwide Back to School corporate social responsibility drive, with RM1 million set aside to help provide school supplies, including uniforms, to 6,000 students all over the country.

“The bank and its subsidiary Zakat Rakyat Holdings also handed over RM21,500 and RM154,350 in zakat (tithe), respectively, to more than 1,000 asnaf (deserving recipients) families in the Santubong parliamentary constituency,” he added. – Bernama, January 30, 2021

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