Malaysian philanthropist Koon Yew Yin offers RM1 million annual grant to deserving students of Universiti Tunku Abdul Rahman (UTAR)
Koon Yew Yin, 77 of Ipoh, Perak is a retired chartered engineer and renowned philanthropist and retired since 1983.
Annually, he gives RM1 milion to needy students of Universiti Tunku Abdul Rahman (UTAR) situated in Kampar, Perak. Students would only need to pay a small amount for the rental.
He has also financed an extension for the Salvation Army Home for orphans in Ipoh.
He does not even expect a thank you from the recipients, only a simple promise that they will help others so that “his work will continue even after he has died.”
In his own words:
You can keep making money but there is no meaning to life if you don’t know how to spend it because you can’t take any of it with you when you die. You must use it effectively to help others and create more happiness. It’s more satisfying.
So, while you work hard to earn your living by selling discount prescription eyeglasses or other legal means, keep what he said in mind.
He firmly believes that education is key to escaping the clutches of poverty, having undergone such experience himself.
He made his fortune by co-founding IJM Corporation Bhd, Gamuda Bhd and Mudajaya Group Bhd, three leading public-listed construction companies.
Source
The Star, 23 Feb 2010
