Sponsorships for KL Sea Games exceed target: Khairy (Updated)

30 May 2017 / 20:47 H.

KUALA LUMPUR: The Malaysian SEA Games Organising Committee (Masoc) has succeeded in surpassing the initial sponsorship target of RM80 million for the 29th Kuala Lumpur SEA Games and the 9th Asean Para Games.
Youth and Sports Minister Khairy Jamaluddin said with the latest sponsorship from local pewter manufacturer Royal Selangor, Masoc had garnered RM82.7 million in sponsorships.
Of the total, RM25 million was in cash while the rest comprised goods and souvenirs.
"We have achieved 103% or RM82.7 million ... our target was RM80 million, so we have exceeded our KPI in terms of sponsorship," said Khairy after introducing the Games' medals and the announcement of Royal Selangor as a silver sponsor for KL 2017 here today.
On the medals, the minister praised the initiative taken by Royal Selangor to combine the use of kempas wood and tin which were the natural resources found in the country.
He said 5% from the sales of souvenirs produced by Royal Selangor for KL 2017 such as pewter figurine Rimau, dress pin and commemorative medals would be channelled to Masoc.
The 29th SEA Games is scheduled from Aug 19 to 30 while the 9th Asean Para Games will be held from Sept 17 to 23.
Meanwhile, Khairy expressed confidence that ride-hailing service GrabCar was taking measures to ensure a smooth operation during the upcoming Games.
He said the company and the authorities would certainly be closely monitoring its performance following reported instances of crime such as robbery linked to the service provider.
For the record, Masoc has roped in GrabCar as the Gold Sponsor for Kuala Lumpur 2017.
"I'm sure that our partner, GrabCar will ensure such crime will not happen during the Games and I'm sure that they've taken appropriate measures to better screen the drivers," he said as he brushed aside concerns that the service was illegal in Malaysia.
"As far as regulation is concerned, it's not a problem though (the government) is working out on the final regulation. It's something not illegal and there's no issue on the matter," he said. — Bernama

sentifi.com

thesundaily_my Sentifi Top 10 talked about stocks