SUBANG JAYA: All the income of Universiti Tunku Abdul Rahman (Utar) will be channelled back into enhancing the institution of higher learning, said MCA president Datuk Seri Dr Ling Liong Sik.
No one will profit by a single sen from Utar. It is a charitable organisation meant to benefit the younger generation, especially to allow more bright students from under-privileged families to further their education, he said at the Selangor MCA Utar fund-raising dinner on Monday.
MCA, he said, had conveyed Utars affordable quality education policy to Prime Minister Datuk Seri Dr Mahathir Mohamad, who backed the university by approving a RM50mil launching grant.
Dr Ling also thanked the various state governments for their offers of land and buildings to develop Utar campuses.
He noted that the fund-raising campaign for Utar was being conducted in the middle of economic uncertainties with many parties worried about the effects of the Severe Acute Respiratory Syndrome (SARS) and the attack on Iraq.
Despite the cautiousness, support for Utar is still strong. We have collected RM190mil so far.
With the good response all over the country, we will reach RM200mil - the sum needed to develop the first phase of Utar - very soon, he said.
Dr Ling added that MCA was touched by the support for Utar from people who shared the partys vision of establishing a university.
So many donors are with us. More importantly, the under-privileged are also with us. They are generously giving RM100, RM50 and RM1.
Children from the estates have also given me their piggy banks. It is not the amount that counts, but the generosity and sincerity from the heart that is so valuable to us, said Dr Ling, the guest-of-honour at the dinner.
Event chairman Datuk Seri Ong Ka Ting said the 21st century belonged to the informed society where literacy was a basic criterion for success.
In the past, we can be illiterate and still be successful by employing the educated to work for us.
Such a situation cannot apply in a world ruled by information technology, he said, adding that Utar played a role in meeting the countrys need for a more knowledge-based and skilled workforce.
Ong, also state MCA chief, said Selangor MCA managed to raise RM10mil from the dinner alone, with other donors pledging additional support in the near future.
The biggest donor at the dinner was developer Talam Corporation Bhd and associates, with a sum of RM5mil.
Two other big donors were Bandar Utama Development Sdn Bhd and Asia Pacific Land Bhd, which gave RM1mil each.
A donor who declined to be named gave RM500,000.
Other friends of Utar included Puncak Niaga, Glomac, Southern Waste, Mah Sing Group and Kumpulan Emas, which donated RM100,000 each.
Did you find this article insightful?