KLCAH Raises Funds For New Premises and Is Hopeful For Country’s Economic Growth

The Kuala Lumpur Chinese Assembly Hall (KLCAH) recently held a fundraising dinner in conjunction with its 19th Anniversary celebration. In his speech to guests, Datuk Seri KK Chain, President of KLCAH said that the 8th committee meeting in 2021, unanimously resolved to set up an acquisition committee to raise funds for acquiring a new premise. The acquisition committee was approved at the 2nd committee meeting in January this year, where

Datuk Seri Chai, the Secretary General, and Treasurer of KLCAH were put in charge of the acquisition of a premise at Maju Link, as the permanent o ce of KLCAH. The targeted premise is priced at RM1.09 million, and is strategically located within Kuala Lumpur and the TBS transport hub. The premise is spacious and is an excellent venue for major events with the possibility of leasing out the event space as well as displaying a large billboard of KLCAH.

Datuk Seri Chai said, “The purchase price of the new premise plus the renovation costs will come up to about RM1.5 million. We have already started the renovation and expect to complete it by the end of the year. We still have a shortfall of RM1.2 million, and we are aiming to raise RM1 million in this fundraising dinner.”

He highlighted that the new premises may be open for rental to members of KLCAH at subsidised rates in order to generate an income stream for KLCAH.

“The KLCAH will also be more active in hosting various types of events to showcase our distinctive features. We will be more active in reaching out to people at di erent levels. For example, expanding the recognition and application of Chinese medicine in government hospitals, exchanges to maintain racial harmony, interacting with di erent business organisations, meeting with government agencies, overseas study trips to expand perspectives, and caring more about the under-privileged groups,” said Datuk Seri Chai.

In the course of his speech, he also expressed hope that the recent appointment of Datuk Seri Anwar Ibrahim as 10th Prime Minister of Malaysia, would help the country move forward in political and business stability in the next ve years.

Datuk Seri Chai said that Malaysians are more appreciative of the harmony and stability as a result of the changes and turmoil experienced over the last few years. He hoped that the people would be understanding and give the new government time and con dence to implement the much-needed changes.

Datuk Chai highlighted that as the economy recovers a er the epidemic, businesses face a serious shortage of sta . He added that many companies are facing the dilemma of having orders but lacking manpower. In this regard, he urged the new government to be practical in understanding and taking more e ective measures to solve the shortage of workers.

“The KLCAH calls on the new Human Resource Minister to take immediate and positive action to to hold dialogues with with the industry players to nd practical solutions. The government has raised the minimum wage to RM1,500 this year, but there has been no relative e ort to increase productivity, resulting in a 30% increase in manpower costs for businesses, but no increase in productivity, adding to the woes of all industries,” he said.

Meanwhile, Datuk Seri Chai urged the Tourism Minister to introduce various policies to attract foreign tourists to Malaysia, to boost the economy and work as a third growth engine for the country’s economy.