KUALA LUMPUR - The SP Setia Foundation has allocated almost RM24 million (S$9 million) to provide basic education assistance to the needy and underprivileged students.
The fund, under its Setia Adoption Programme, aims to help deserving Malaysians who need assistance, particularly students, by taking care of all their basic educational needs, including their meals in schools and tuition fees.
Foundation chairman Tan Sri Lee Lam Thye said a total of 8,403 students have benefited from the programme over the past 13 years.
Lee said the programme, which started with a mere 79 primary school pupils in 2000, has expanded and now reached 2,800 primary school students annually.
The programme expanded last November to Sabah and Sarawak, he added.
Lee said that home visits were conducted to check on the students' progress, personal development and home life yearly.
"We truly believe that children are the hope and future torch bearers of our nation. Poverty should not be an obstacle to anyone seeking knowledge and education," he added.
Lee said the foundation also regularly organised motivational camps and exam workshops to prepare and motivate the children for success.
"We acknowledge the students' achievements and celebrate it with them and their parents during the Annual Excellence Awards Celebration for UPSR students," he said, adding that 190 students were given due recognition for their excellent results this year.
The SP Setia Foundation was set up in 2000 under the auspices of property developer SP Setia Bhd with the objective of helping underprivileged individuals and charitable bodies in the areas of education, and general and medical welfare.