Yayasan 1MDB Formed To Manage RM100 Million CSR Fund

January 11, 2010 | BERNAMA |

KUALA LUMPUR: Prime Minister Datuk Seri Najib Tun Razak on Monday announced the establishment of Yayasan 1MDB to manage a RM100 million Corporate Social Responsibility (CSR) Fund.

The foundation will soon launch several key initiatives in bridging socio-economic gaps towards fulfilling the aspirational values of 1Malaysia, said Najib who is also chairman of the foundation's board of trustees.

These key initiatives will, among others, promote equal opportunity to education and quality of life for all Malaysians.

Hopefully, over time the efforts will contribute significantly to the strengthening of Malaysia's rich tapestry of social cohesion, the prime minister said at the official opening of 1MDB corporate office here today.

• Reproduced with the permission of BERNAMA, Malaysian National News Agency (www.bernama.com)