PENANG Chinese Town Hall (PCTH) recorded a total income of RM12.61mil for the financial year ended Dec 31, 2025, against expenditure of RM12.55mil, resulting in a surplus of RM59,191.
According to its annual report, donations accounted for the bulk of the organisation’s income at RM11.24mil, followed by rental and maintenance fees of RM439,671, auditorium rental of RM361,245 and anniversary-related receipts of RM222,498.
Donations were also PCTH’s largest expenditure item at RM11.12mil, accounting for about 88.6% of total spending during the year, down from RM12.35mil in 2024. Salaries and allowances rose to RM502,625 from RM452,761 in 2024.
At PCTH’s annual general meeting on Sunday (June 21), attended by about 200 members, its chairman Tan Sri Prof Tan Khoon Hai urged Malaysians to fulfil their civic duty by voting and making informed choices in upcoming elections.
With Johor and Negri Sembilan due to hold state polls this year, he said voters should assess the performance and manifestos of competing parties rationally before electing candidates capable of promoting unity, driving economic growth and maintaining social stability.
“Elections are not only about local development, but also about shaping our nation’s future,” he said.
Tan also introduced the newly upgraded Ping Zhang Hall at PCTH, which has undergone extensive renovation and modernisation.
"Featuring a spacious and comfortable environment, together with professional sound, lighting and LED systems, Ping Zhang Hall is an ideal venue for corporate dinners, association celebrations, anniversary events, charity functions and various gatherings.
On technology, Tan announced that PCTH would jointly organise the 2026 China-Asean Artificial Intelligence Cooperation Forum in Penang this November with business and technology organisations from China and Asean countries.
“Penang, widely known as the Silicon Valley of the East, is Malaysia’s hub for the electrical and electronics industry and has a strong foundation for the development of AI-related industries.
“The forum will bring together experts, business leaders and industry representatives from across the region to discuss cutting-edge AI technologies, industrial applications and cross-border practical cooperation,” he said.
Tan said the forum would serve as a high-level platform for regional technological exchange and encouraged members with relevant expertise to participate and help strengthen Penang’s role in regional AI cooperation.
