KUALA LUMPUR, 21 APRIL 2020: Ekuiti Nasional Berhad (Ekuinas) today announced its contribution of RM10.0 million to provide assistance to hospitals, medical front-liners, affected families and communities, small and medium-sized businesses as well as eligible staff of its portfolio companies through Dana Ihsan COVID-19 ILTIZAM.
Raja Tan Sri Dato' Seri Arshad Raja Tun Uda, Chairman of Ekuinas said, “It is an unprecedented time as the world and the country battle against COVID-19 that began as a health crisis and has now become a major economic as well as humanitarian issue. As the impact of COVID-19 deepens, we at Ekuinas are moved to do our part as a responsible corporate citizen to help those in this hour of need through our Corporate Social Responsibility (CSR) unit, ILTIZAM.”
Ekuinas’ contribution consists of the following:
1. medical equipment for hospitals, as well as food and apparel provisions for doctors, patients and the urban poor;
2. financial support for the families of selected past and current trainees of Ekuinas’ graduate trainee programme, as well as enterprises under Ekuinas’ entrepreneurship mentoring programme;
3. financial aid for eligible new students who will be attending educational institutions under Ekuinas’ portfolio of companies;
4. financial assistance for eligible employees of Ekuinas’ portfolio companies; and
5. digitalisation support for Bumiputera SMEs.
Raja Tan Sri Dato' Seri Arshad concluded, “Ekuinas salutes those who have been working tirelessly in helping the nation fight against the outbreak, and our hearts go out to those have been affected by it. We hope our modest contribution helps alleviate to some extent the pressing needs of the health community and provides some relief to the affected groups.”
ILTIZAM by Ekuinas is a CSR initiative launched in 2016 with the aim to empower and nurture the growth of underserved communities in Malaysia. Through ILTIZAM’s three pillars namely Entrepreneurship, Education, and Community, Ekuinas provides assistance to different segments of the society, including Bumiputera entrepreneurs, students, businesses, and selected communities.
