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Prime Minister Datuk Seri Anwar Ibrahim has introduced a new initiative urging Universiti Malaya (UM) alumni, particularly cabinet ministers, to contribute to the Universiti Malaya Endowment Fund (UMEF).

According to Endowment fund aims to raise RM1 billion

However, he reiterated that the proposal does not signal a withdrawal of government support for UM.

UM Vice-Chancellor Datuk Seri Prof Dr Noor Azuan Abu Osman also revealed that the endowment fund aims to raise RM1 billion, with half expected to come from alumni, corporate partners, and industry players, while the government is expected to match the remaining amount.

To date, we’ve raised RM220 million from various sources. We appeal for continuous support from all sectors as an investment in the nation’s future excellence,” he said.

The dinner, the first UM Alumni gathering in a decade, brought together over 2,000 alumni from UM’s vast network of 237,748 graduates.

The initiative is seen as a significant step in strengthening the university’s resources and supporting students for years to come.

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