Monday, March 10, 2008

Four in Forbes Asia list

Four Malaysians made it to the Forbes Asia list of the region’s most generous and interesting philanthropists.

Tan Sri Syed Mokhtar Albukhary, Hishamudin Ubaidulla, Datuk Zaid Ibrahim and Datuk Amar Leonard Linggi Tun Jugah were featured in the inaugural Forbes Asia Heroes of Philanthropy list in its March 10 issue.

Syed Mokhtar, 56, is founder and sole donor of a Muslim charity, Albukhary Foundation that assists the needy.

Established in 1996, the foundation funds remedial classes in English, science and math for 20,000 underachieving students each year and runs a college scholarship programme for 300 students from more than 40 countries.

Syed Mokhtar controls Malaysia Mining Corp and holds big stakes in Johor Port and other businesses.

Hishamudin, 52, oversees Yayasan Ubaidi, a foundation funded entirely with profits from commercial buildings and the sale of land bought by his father years ago.

The foundation helps families who cannot make ends meet, pays medical expenses, helps single mothers pay for tertiary education, assists hospitals that cannot afford equipment.

Hishamudin, who helps run the family travel agency, is also chairman of Deir Yassin Remembered Malaysia, a movement committed to ending the war between Israel and Palestine.

Former MP for Kota Baru, Zaid, 57, who owns the country’s largest law firm, Zaid Ibrahim & Co, set up the Kelantan Foundation for the Disabled in 1998.

The foundation serves 2,400 people suffering from Down Syndrome, cerebral palsy and other disabilities.

Linggi, 67, a prominent Iban businessman has varied dealings, including real estate, plantation, shipping, hotel and other companies.

Tun Jugah Foundation gets virtually all of its contributions from him. It focuses on preserving the culture of the Ibans in Sarawak. In 2003, it began compiling the first Iban dictionary.

This year Forbes put together a list of 48 philanthropists.

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