Although I am one of the poorest on the selected list, I give away proportionally more in comparison to my wealth. Moreover, my way of giving scholarships to help poor students to complete their tertiary education has a multiplying effect. Up till date I have given more than 300 scholarships.
All scholarship recipients do not need to work for me nor they require to pay back the money I spent on them. But they have to promise me that when they are financially solvent, they would have to help other poor students. Currently about 200 scholarship recipients have already graduated and I expect some of them will soon be looking for poor students to help. As time goes by, more and more graduates will help other poor students.
All Malaysian students whose family income is not more than Rm 3,000 per month can apply for my scholarship. Interested applicants should write to my wife who is charge of my scholarship offer: kitpheng@gmail.com. All applications should include SPM ( 5As minimum) or STPM certificates, the parents’ pay voucher and admission letter from local universities. I am also willing to support students without STPM to do the one year pre U or foundation course.
This year, Audemars Piguet has selected me as one of the leading philanthropists in Malaysia.
In July 2011, Forbes selected me as one of the 4 top philanthropists in Malaysia.
I am 82 years old and I know for sure I cannot take any money with me when I die. I have written in my WILL that all my remaining assets will be donated to do charity.
My ultimate aim in life is to help poor people and to change the corrupted government.
Created by Koon Yew Yin | Nov 22, 2024
All plantation companies are reporting better profit for the quarter ending September when CPO price was about RM 3,800 per ton.
Created by Koon Yew Yin | Nov 21, 2024
Indonesia is the biggest palm oil producer in the world. Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry offici
Created by Koon Yew Yin | Nov 20, 2024
Indonesia plans to implement biodiesel with a mandatory 40% blend of palm oil-based fuel from Jan. 1 next year, a senior energy ministry official said recently, lifting prices of the vegetable oil...
Created by Koon Yew Yin | Oct 30, 2024
Latest poll on 30th Oct 2024
Created by Koon Yew Yin | Oct 30, 2024
Latest poll on 30th Oct 2024
Created by Koon Yew Yin | Oct 25, 2024
The group is expected to deliver better profits and revenue from its pipe coating, engineering, and bioenergy segments.
Created by Koon Yew Yin | Oct 14, 2024
Today I read the article by Murray Hunter titled “A Visit to the Malaysian Communist Party tunnels in Betong, Thailand”, which is an important part of Malaysia’s history.
Created by Koon Yew Yin | Oct 04, 2024
KSL is still the cheapest based on a 4.4 PE ratio, which means its share price should continue to go up. Unfortunately, there are a few small investors who always queue to sell at cheaper prices...
Created by Koon Yew Yin | Oct 04, 2024
KSL is still the cheapest based on a 4.4 PE ratio, which means its share price should continue to go up. Unfortunately, there are a few small investors who always queue to sell at cheaper prices...
Created by Koon Yew Yin | Sep 06, 2024
Water pollution is a huge challenge for freshwater in the UK, impacting our rivers, streams, and lakes and the wildlife that call them home.
Hope Koon Koon can consider to give more this year in view of the good profit made from VS n Latitude...thank you in advance. Good karma!!
2015-05-27 09:00
good that Mr Koon limit scholarships to the poor, irrespective of race. whether you are Malay, Chinese, Indian, Iban, Kadazan, Dusun, etc, if you are poor and you are smart, you deserve a scholarship
2015-05-27 09:22
I know a Mara scholarship holder whose parent is very rich Datuk, live in big bungalow & has a Porche! So rich already still need scholarship from Mara????
2015-05-27 09:23
The chinese do a lot of charity for everyone. Tq mr Koon.
We can see that even in Nepal, Japan, of recent
2015-05-27 10:30
Salute Mr Koon. You are my model in my life. I would learn and practise your way of contribute to society one day in my life. Thank for inspire me of my purpose of coming to this world.
2015-05-27 11:30
I didn't know there were scholarship can go such a low profile
I would have taken the scholarship
Of course not for the intent to enrich me with a few ten thousands of ringgit
However I am fortunated to be more capable than any of my crew in tha class which I successfully extend my study to the tertiary without any financial difficulties
But my study is meaningless
That is why I would have been more motivated to study harder if I have a dream like koon
What a wonderful dream
The only shortcoming is there isn't much exposure to the most needed candidate I am afraid it would be abused by certain irresponsible party.
I had only started to follow koon for the reason he is the person who proposed to build a hostel for student which I think it is a very good deed.
2015-05-27 17:39
Most scholarship I went through to be extremely difficulty especially for minority
I find the requirement for a jpa scholarship to be extremely ridiculous for a spm holder
It required you to have some superhuman abilities to qualify to be a candidate
I find it depressing to even stand a chance to get call for interview but in the end being fooled like a joker for minority.
This is why most professional do not even consider jpa into their wish list
2015-05-27 19:21
My past leaving me a very bad impression to all the scholarship
I used to think the scholarship to be as evil as possible
It either need to bond you in return to work very hard after the award
It need you to obtain a very good grade continually and will be withdrawed if you failed once and there is no retake allowed
It also didn't spare you if you are professional, you gotta work like a dog under scholarship
2015-05-27 19:34
Of course I believe all those insane requirement only apply to minority
It make me wonder why there is scholarship which is not designed to be free education in mind at the very beginning
All the scholarship winner will think they had deserves it because it is a torture they had went through make them do not even value the purpose of scholarship
2015-05-27 19:58
Mr Koon's scholarship have no ties to working for him or anyone, that is what makes this a philanthropy rather than a scholarship with ties to work until you are no longer useful! Also unlike JPA, there are no quotas involved!
2015-05-29 10:29
You are a great man, Mr Koon. Do hope your scholarship will be able to lessen the financial burden of poor students and also can motivate them to study harder. Congratulations!
2015-06-01 13:43
Well done, Mr Koon..You are outperforming the markets with your innovative charity cause...Thank you and you sure will live a long, healthy resourceful life..!!
2015-06-04 20:40
With your innovative charity works, in time to come, you will breed thousands and thousands of Koon Yew Yin; by then the world will be a much better place..!! Thank you very much and just like other great philanthropists, you get happiness in GIVING and in turn it will generate positive energy and it will regenerate you spiritually and physically and you find yourself stronger and happier everyday...!!!
2015-06-04 21:09
In this dog-eat-dog's world, somewhere in the corner I can still find a great, kind, selfless man..it really warms my heart
Salute you, Mr Koon
2015-06-04 21:21
I have just came across this blog. Left me speechless to know that there is still a good really warm-hearted person still exists with so much kindness in this world we are living! We need more people like you !!! You are a good example to follow-suit to make the world worth living.
2015-10-06 02:51
Frank Soweto
fortunebullz Good job Mr. Koon! Hope that you extend scholarship to malays,indians, orang asli as well as non chinese in Sabah and Sarawak! In line with spirit of muhibbah, so that other races learn and appreciate what you have done for them! Keep it up!
27/05/2015 00:27
haiya Bullz it's open to ALL la - with income less than 3K - can read or not hehe no wonder u have not found any 1 dollar profit margin stocks lately LOL
2015-05-27 02:20