About Us

Words from Dato' Seri (Dr.) Michael Tio

Yayasan PKT

Yayasan PKT (Company Registration No: 201801020555 (1282574–X)) was incorporated in Malaysia on 5th June 2018 under
the Companies Act 2016 as a company limited by guarantee (CLBG).

Yayasan PKT offers scholarships and bursaries to high-achieving Malaysian students as part of PKT Logistics Group’s ongoing commitment to developing the nation’s future workforce. Yayasan PKT serves as a platform to fulfill PKT Logistics Group’s corporate social responsibility initiatives, focusing on education and research for the betterment of the nation.

 

Principle Objectives

To offer bursaries, grants, and scholarships to underprivileged or deserving Malaysian students, regardless of race, religion, or creed, across all levels of education or training in any institution; and to organize, implement, facilitate, or support initiatives aimed at promoting and advancing education.

Board of Trustees

Dato’ Seri (Dr.) Michael Tio

Trustee

Dato’ Tio Sook Keo

Trustee

Tan Sri Dato’ Soh Thian Lai

Independent Trustee

Tan Sri Dato’ A K Nathan Elumalay

Independent Trustee

Tan Sri Datuk Ooi Han Eng

Independent Trustee

Roles of Independent Trustees
Perform fiduciary duties as Trustees in the Foundation.
As advisory role and to provide valuable opinions and independent judgement.
Ensure compliance to the objectives of the Foundation.
Ensure compliance with all statutory requirements applicable to the Foundation.
Ensure compliance of corporate credibility and best governance standards.

Management Best Practice (MBP)

The Management Best Practice (MBP) for Yayasan PKT is established to ensure robust internal control and risk management systems, safeguarding against potential misuse by terrorist organizations or as a vehicle for money laundering activities. 

These measures are designed to minimize risk exposure for Yayasan PKT while ensuring that its objectives remain aligned with the provisions of the Constitution and the Companies Act 2016.

  1. Ensure that there is no conflict of interest between duties for the company and personal interests.
  2. Ensure that the financial statements to be audited and activities to be carried out in line with the objectives of Company Limited by Guarantee (CLBG).
  3. Internal control and prepared reliable financial statements in accordance with the preparation of policies or procedures related to the receipt and use of funds.
  4. Record activities and transactions including information of relevant parties such as contributors and recipients of funds.
  5. Ensure that all requirement under the CLBG law control by Companies Act 2016 has been duly complied.
  1. The principle of transparency in the selection of supplies and the purchase of goods involving the activities of the company.
  2. Transparent procurement procedures for prudent spending transactions by ensuring that company funds is use according to spending needs.
  1. Commitment to promote values of integrity, transparency, accountability, and good corporate governance.
  2. Strengthening internal systems that support corruption prevention.
  3. Complying to laws, policies and procedures relating to fighting corruption.
  4. Fight any forms of corrupt practice.
  5. Support corruption prevention initiatives led by the Malaysian Anti-Corruption Commission (MACC) and the government.

T – Top level commitment
R – Risk assessment
U – Undertake control measures
S – Systematic review, monitoring and enforcement
T – Training and communications