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News
Unique Race Raises Record-Breaking RM1.5 Million For Twenty Beneficiaries
BackAug 07, 2007
At 5pm today, look out for the familiar sight of people in their office wear, and some eye-catching costumes, racing through the main business district of Kuala Lumpur.
It's the return of The Edge-Bursa Malaysia Kuala Lumpur Rat Race, which runs into its eighth edition this year.
This year's event has set another new record with the participation of 116 teams of five runners each from 71 local and foreign, private and public-listed companies. Together with six other companies who have chosen to make goodwill contributions to the fund, a total of RM1,551,000 has been raised.
The entire proceeds will be channelled towards twenty charitable organisations in the country, namely:
"At the core of Bursa Malaysia remains our founding philosophy of contributing to society through our activities. Which is why, we believe some of our finest achievements aren't those found in our balance sheets but those, in small towns and villages spread across Malaysia. We are increasingly proud of the work we do with charities every year with The Edge through the Kuala Lumpur Rat Race," said Dato' Yusli Mohamed Yusoff, Chief Executive Officer of Bursa Malaysia Berhad.
This year's event will also be the first "green" Rat Race, where issues of climate change will be given due importance by ensuring that environmentally friendly initiatives are put
in place where possible throughout the event to make it a clean one.
These include holding the traditional post-race dinner outdoors instead of indoors, which reduces the use of air-conditioning and electricity. Pollution and carbon dioxide emissions from transportation for people to the event will be considered and measures taken to minimise the effects. Other measures include using recyclable crockery and culinary instead of plastic and Styrofoam.
The run will kick-off with the 1km CEO Race, where 49 captains of industry will be taking part. This will be followed by the 4.5km main race. Both start from the grounds of Bursa Malaysia, which will also be the finishing point of the Race.
Deputy Minister of Finance I, Yang Berhormat Dato' Dr Ng Yen Yen, will be on hand to flag-off the CEO race.
Awards will be presented to the company that sent in the most number of teams, the three fastest teams, the top three male and female runners and the top three male and female CEOs from the 1km CEO Race. A challenge trophy awaits the team that clocks in the fastest aggregate time.
As participants will be running in their office attire and carrying other ?executive' gadgets like mobile phones, PDAs, briefcases and notebooks, or even dressed in costumes relevant to their nature of business, there will also be prizes for the three best dressed teams and the best dressed CEO. There will also be awards recognising the three best cheerleading squads, and the most senior runner.
Modelled after the Carey Wall Street Rat Race in New York, the Kuala Lumpur Rat Race idea draws from the realisation that besides getting caught in the proverbial rat race to climb the corporate ladder of success, executives and corporations need to fulfil their corporate social responsibilities. This annual event provides the platform for that and is gaining more recognition from Corporate Malaysia. This is also an event where workers from different companies and industries get together and let their hair down for a day.
Donations collected are channelled towards selected beneficiaries involved in various causes. The substantial increase in the funds collected proves the Rat Race to be a hit among corporations who want to do their part in the community. A total of over RM4.3 million has been channelled to 50 charitable organisations since the race's debut seven years ago.
Last year's proceeds hit the million ringgit mark for the first time when 75 companies helped raise RM1,025,000 to benefit twelve beneficiaries.
The Edge-Bursa Malaysia Kuala Lumpur Rat Race is organised by The Edge and Bursa Malaysia, and supported by Yayasan Bursa Malaysia. The Federal Territory Amateur Athletic Association (FTAAA) provides technical support.
Official sponsors for the event are Coca-Cola Malaysia, theSun, Astro, and Lite FM. Moves & Shakes Sdn Bhd is the event manager.
It's the return of The Edge-Bursa Malaysia Kuala Lumpur Rat Race, which runs into its eighth edition this year.
This year's event has set another new record with the participation of 116 teams of five runners each from 71 local and foreign, private and public-listed companies. Together with six other companies who have chosen to make goodwill contributions to the fund, a total of RM1,551,000 has been raised.
The entire proceeds will be channelled towards twenty charitable organisations in the country, namely:
- Protect and Save the Children Association of Selangor and Kuala Lumpur (P. S. The Children)
- Rumah Keluarga Kami (Yayasan Ozanam)
- Rumah Kanak-kanak Taiping
- Eden Handicap Service Centre Berhad
- Perpikat (Association for Concerned Citizens and Parents of Handicapped Children Bintulu)
- Pusat Harian Kanak-kanak Spastik
- Persatuan Dialisis Touch Petaling Jaya, Selangor
- Malaysian Nature Society
- Miriam Home For The Aged
- Persatuan Kebajikan HOPE Worldwide Kuala Lumpur
- Yayasan Kajian dan Pembangunan Masyarakat (YKPM)
- Women's Centre for Change, Penang
- Rumah Victory
- Persatuan Damai Orang-Orang Kurang Upaya Selangor & Wilayah Persekutuan
- Persatuan Kebajikan Kampung Sungai Lui, Hulu Langat
- Pusat Jagaan Anak-Anak Yatim dan Miskin Nurul Iman
- Pertubuhan Kanak-Kanak Kanser Malaysia
- Pertubuhan Kanak-Kanak Insan Istimewa Cemerlang
- Environmental Protection Society Malaysia (EPSM)
- Shepherd's Centre Foundation
"At the core of Bursa Malaysia remains our founding philosophy of contributing to society through our activities. Which is why, we believe some of our finest achievements aren't those found in our balance sheets but those, in small towns and villages spread across Malaysia. We are increasingly proud of the work we do with charities every year with The Edge through the Kuala Lumpur Rat Race," said Dato' Yusli Mohamed Yusoff, Chief Executive Officer of Bursa Malaysia Berhad.
This year's event will also be the first "green" Rat Race, where issues of climate change will be given due importance by ensuring that environmentally friendly initiatives are put
in place where possible throughout the event to make it a clean one.
These include holding the traditional post-race dinner outdoors instead of indoors, which reduces the use of air-conditioning and electricity. Pollution and carbon dioxide emissions from transportation for people to the event will be considered and measures taken to minimise the effects. Other measures include using recyclable crockery and culinary instead of plastic and Styrofoam.
The run will kick-off with the 1km CEO Race, where 49 captains of industry will be taking part. This will be followed by the 4.5km main race. Both start from the grounds of Bursa Malaysia, which will also be the finishing point of the Race.
Deputy Minister of Finance I, Yang Berhormat Dato' Dr Ng Yen Yen, will be on hand to flag-off the CEO race.
Awards will be presented to the company that sent in the most number of teams, the three fastest teams, the top three male and female runners and the top three male and female CEOs from the 1km CEO Race. A challenge trophy awaits the team that clocks in the fastest aggregate time.
As participants will be running in their office attire and carrying other ?executive' gadgets like mobile phones, PDAs, briefcases and notebooks, or even dressed in costumes relevant to their nature of business, there will also be prizes for the three best dressed teams and the best dressed CEO. There will also be awards recognising the three best cheerleading squads, and the most senior runner.
Modelled after the Carey Wall Street Rat Race in New York, the Kuala Lumpur Rat Race idea draws from the realisation that besides getting caught in the proverbial rat race to climb the corporate ladder of success, executives and corporations need to fulfil their corporate social responsibilities. This annual event provides the platform for that and is gaining more recognition from Corporate Malaysia. This is also an event where workers from different companies and industries get together and let their hair down for a day.
Donations collected are channelled towards selected beneficiaries involved in various causes. The substantial increase in the funds collected proves the Rat Race to be a hit among corporations who want to do their part in the community. A total of over RM4.3 million has been channelled to 50 charitable organisations since the race's debut seven years ago.
Last year's proceeds hit the million ringgit mark for the first time when 75 companies helped raise RM1,025,000 to benefit twelve beneficiaries.
The Edge-Bursa Malaysia Kuala Lumpur Rat Race is organised by The Edge and Bursa Malaysia, and supported by Yayasan Bursa Malaysia. The Federal Territory Amateur Athletic Association (FTAAA) provides technical support.
Official sponsors for the event are Coca-Cola Malaysia, theSun, Astro, and Lite FM. Moves & Shakes Sdn Bhd is the event manager.