22 Mar 2024
YAYASAN TM’s ‘PROGRAM CAHAYA RAMADAN’ CONTINUES TO BRING JOY TO THE LESS FORTUNATE COMMUNITIES
KUALA LUMPUR, 22 March 2024 – TM, through its social foundation arm, Yayasan TM (YTM),
announces the continuation of its ‘Program Cahaya Ramadan’. This year, the programme
allocates RM320,000 to aid approximately 3,000 beneficiaries across Malaysia, including asnaf,
orphans, B40 families, single mothers, Persons with Disabilities (PWD), tahfiz students, and the
Orang Asli community.
The initiative, mobilised through our state offices nationwide, focuses on distributing food
baskets and raya essential items such as baju raya and duit raya (cash) to the identified
beneficiaries during Ramadan.
Ainol Shaharina Sahar, Director of Yayasan TM said, “It is our honour to once again initiate the
‘Program Cahaya Ramadan’, extending our hand in solidarity to those in need during this
reflective and benevolent time of year. Our goal is to alleviate the hardships of our beneficiaries,
ensuring they too can share in the joy and togetherness that Ramadan brings. We aim to foster
a sense of community and hope, particularly among children, as they observe the sacred month
and look forward to Eid ul-Fitr celebrations.”
In addition to these efforts, YTM is launching the ‘Dana Kasih Yayasan TM’ fundraising
campaign, aiming to raise RM30,000 to specifically assist Orang Asli families in Pos Kuala Mu,
Sungai Siput, Perak. This campaign focuses on gathering funds to provide these families with
essential food supplies for Ramadan, aiming to ensure they have the resources needed for a
fulfilling festive period. The public is encouraged to support this noble cause by making donations
through YTM’s bank account at 14180010000426 (Bank Islam). For further details, please visit
YTM’s social media channels.
In 2023, YTM’s ‘Program Cahaya Ramadan’ has benefitted more than 3,000 beneficiaries
through over 20 programmes across the country. YTM collaborated with Pejabat Ahli Parlimen
Lembah Pantai to organise the programme which was attended by its Member of Parliament,
YB Fahmi Fadzil.
As the programme continues to grow and reach more communities, YTM remains dedicated to
nurturing hope, fostering solidarity, and creating lasting impacts in the lives of the underserved,
reinforcing its goal of a more inclusive and supportive society.
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TM Records Stronger 2Q 2023 Financial Performance; Sustaining the Group’s Growth Momentum
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Meanwhile, Earnings Before Interest and Tax (EBIT) was lower by 10.3% at RM630.0 million from RM702.7 million, due to higher preventive maintenance costs to better serve our customers and higher depreciation from revision of asset useful life. TM declared a higher Interim Dividend of 9.5 sen per share. This is a testament of the Group’s positive financial performance and its ongoing commitment to shareholder value. Commenting on these results, Amar Huzaimi Md Deris, TM’s Group Chief Executive Officer said, “We are pleased with this quarter’s performance, which is marked by overall positive results across our Lines of Business (“LOBs”). These achievements further strengthen TM’s growth momentum in facing a more competitive market.” “In the coming months, TM expects to face a more challenging marketplace but remains confident in our overall positive financial performance. 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We also continue expanding collaborations with enterprises and government agencies to accelerate digital adoption in key verticals such as 5G, Smart Services, Healthcare, and Education. At the same time, we remain steadfast in preparing robust infrastructure to connect the world to Malaysia, including submarine cables and data centres to drive the nation’s digital transformation and strengthen its role as the digital hub for ASEAN. “As we enter the final quarter of 2024, we are adopting a more proactive approach to boost revenue through fixed-mobile convergence and leveraging new technologies like 5G, cloud and Artificial Intelligence (AI) solutions to enhance customer experiences. In summary, with a clear strategy and strong execution, combined with a focus on disciplined cost efficiency, we are confident in sustaining TM’s growth momentum, keeping us firmly on track to becoming a Digital Powerhouse by 2030,” Amar concluded. 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These initiatives reflect TM One’s commitment to driving Malaysia’s digital transformation, empowering businesses, communities, and the government. TM Global Strengthens Malaysia’s Position as a Digital Hub for the Region TM Global, the Group’s wholesale business arm recorded a positive quarterly growth, with a 4.7% increase in revenue in Q3 2024 to RM787.0 million, driven by the increased demand for international data as well as the expansion of high-speed broadband and 5G infrastructure. It has deployed fibre optic network hubs in Sarawak, helping to bridge the digital divide and promote greater digital inclusion. Recently, TM Global announced the data centre expansion of its Klang Valley Data Centre (KVDC) in Cyberjaya and the Iskandar Puteri Data Centre (IPDC) in Johor to deliver a combined IT load of about 20MW to cater to rising domestic and international data hosting needs. Furthermore, it upgraded its northern edge capabilities to bring content closer to users. 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