For the future: Cheah (centre) announcing the foundation’s plans to launch an endowment fund at Sunway University while Sultan Sharafuddin (right) and Ong (left) look on. — KAMARUL ARIFFIN/The Star
PETALING JAYA: Malaysia’s first private university endowment fund is expected to be created pending a request for related legislation to be amended.
Jeffrey Cheah Foundation founder and trustee Tan Sri Jeffrey Cheah said the foundation planned to launch the fund with a target to exceed RM1bil in the next 10 years.
Already a subscriber? Log in.
Subscribe now for a chance to win your dream holiday!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
