Business Daily Media

The Times


.

MSIG Renews Commitment to Food Aid Foundation

MSIG Matches Public Donations to Food Aid Foundation to Assist Flood-Impacted B40 Families

MSIG Malaysia and Food Aid Foundation renews their partnership for a second year through the Pledge A Difference initiative to help flood-affected communities.

KUALA LUMPUR, MALAYSIA - Media OutReach - 19 January 2023 - MSIG Insurance (Malaysia) Bhd "(MSIG Malaysia)", has renewed its partnership with Food Aid Foundation (FAF) through its 'Pledge A Difference' initiative. The initiative, now in its second year, aims to help flood-affected families and communities through MSIG and the public's donations.

A total of RM50,000 was raised through the initiative. This was comprised of a RM30,000 donation from MSIG and a combined contribution of RM20,000 from public donations, which were matched ringgit-to-ringgit by MSIG.

Commenting on the 'Pledge A Difference' initiative, MSIG Chief Executive Officer Mr. Chua Seck Guan said, "We are delighted to renew our commitment and partnership with Food Aid Foundation following the success of the last year's 'Pledge A Difference' campaign that set out to help B40 communities who were affected by the pandemic and floods. We have all seen the severe floods that have impacted many areas over the past few months and as such hope that the contributions of both MSIG and the public can help provide for families in need."

He continued, "Over the past year we have seen first-hand the amazing work that Food Aid Foundation has done and its positive impact on the communities that the organisation reached out to. As a result, we were keen to extend our commitment for another year. It only takes RM115 to provide a food and hygiene pack for one family, so we hope that the donations raised from this year's initiative will go towards helping over 435 families in need."

Food Aid Foundation Chief Executive Officer Dr. Dalphine Ong said, "We are pleased to be working again with MSIG Malaysia to help vulnerable communities and families. Last year's contribution made a real difference in the lives of some underprivileged families who were hit first by the pandemic and then the floods, and we believe that this year's contribution will have an equally positive impact. We encourage everyone to visit our website and learn more about our work at www.foodaidfoundation.org."

The 'Pledge A Difference' initiative is one of many Corporate Social Responsibility (CSR) programmes that MSIG carried out over the past few years. These programmes are carefully planned and considered to ensure that they are in line with United Nations Sustainable Development Goals. MSIG makes annual monetary contributions and donations in-kind to various non-governmental organisations (NGOs) that focus on community welfare, medical care and other causes. The insurer also actively champions environmental causes through mangrove tree planting activities across the nation.


Hashtag: #MSIG

The issuer is solely responsible for the content of this announcement.

About MSIG Insurance (Malaysia) Bhd

MSIG Insurance (Malaysia) Bhd ("MSIG Malaysia") is a subsidiary of Mitsui Sumitomo Insurance Company, Limited and a member of MS&AD Insurance Group Holding, Inc. (MS&AD), one of the top ten** general insurers in the world.

With over 100 years of general insurance experience and a nationwide network of 20 branches in Malaysia, MSIG Malaysia is one of the leading general insurers in Fire, Engineering and Motor classes and No.1* in Marine Cargo, offering an extensive range of products and services for personal and business needs.

MSIG Malaysia's expertise is well recognised through its receipt of many prestigious awards. These have included the 2020 Reader's Digest Quality Service Award – Silver winner in the Car Insurance category. MSIG was recognized for having one of the highest levels of quality service, which reflects the effort that the company has put in to satisfy consumer's demand for high service standards. The company was also awarded the 2018 "Outstanding Property and Casualty Insurer in Malaysia" award in the InsuranceAsia News Awards for Excellence.

MSIG Malaysia was commended for leading the market with strong financial growth, investment in product innovation, enhanced digital capabilities in business and claims management systems and strong customer service proposition. Its commitment to customer service excellence through its efforts in enhancing the customer experience and industry leadership in Enterprise Risk Management also earned MSIG Malaysia the "General Insurance Company of the Year" at the Asia Insurance Industry Awards in 2015.

For more information on MSIG Malaysia, visit or facebook.com/MSIGmy.

*As of Sept 2022
**Fortune Global 500, 2021

About Food Aid Foundation (FAF)

Food Aid Foundation (FAF) is the first non-profit organization in Malaysia that rescues perishable and non-perishable surplus food. Established in 2013, our mission is to reduce food wastage and alleviate hunger and malnourishment in Malaysia.

FAF collects and distributes the excess or surplus food from wholesale and supermarkets daily and distribute to underprivileged beneficiaries consisting of welfare and charitable homes, shelters, poor families, destitute, other NGOs, refugee communities and soup kitchens.

While making efforts in preventing edible food from going to waste [official statistics published by SWCorp Malaysia that edible food being sent to landfill stands at 3,000 tones daily], FAF also addresses the issues of malnourishment and lack of nutritious food among the poor, especially children and elderly from the B40 communities. To do these, FAF partners with community organizations including NGOs and B40 residential areas through the following initiatives:

  • Nutritious food for charities where nutritious food supplies are channelled to charity and people in need.
  • Savings for charities especially on food and grocery bills for charity organization and poor families so that their living expenses can be redirected to education, medical, rehabilitation, utilities, and other expenses.
  • CSR for corporate donors to engage with the local communities and increase positive social impact, i.e., hunger alleviation, access to nutritious meals.
  • Protecting the environment by ensuring good food to be donated than going to the landfill and reduce the negative impact of food waste on the environment.

News from Asia

HKSTP Connects Hong Kong Innovation with Malaysia’s Growth Opportunities Leading Park Companies to Forge New Partnership Across ASEAN

Leading Park Companies to Forge New Partnership Across ASEANKUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 19 August 2026 – Hong Kong Science and Technology Parks Corporation (HKSTP) recently ...

361°’s profit attributable to equity holders up 8.0% to RMB930 million in 1H 2026 Interim dividend of HK22.2 cents per share declared at a 45% payout ratio

Deepening professional resources and product‑technology expertise Optimising channels and accelerating brand globalisationHONG KONG SAR – Media OutReach Newswire – 19 August 2026 – 361 Degrees In...

Orbis Future Vision Leaders 2025/26 Mobilizes 330+ Hong Kong Tertiary Students to Serve Over 2,200 Community Beneficiaries

HONG KONG SAR - Media OutReach Newswire - 19 August 2026 - The Grand Final and Award Ceremony of Orbis Future Vision Leaders 2025/26 concluded successfully at the LKS Faculty of Medicine, The Uni...

AsianPLAS 2026 Connects Global Buyers with Plastics & Rubber Suppliers Through an Extended Online Exhibition

TAIPEI, TAIWAN - Media OutReach Newswire – 19 August 2026 - Asian Plastics & Rubber Industry Online Exhibition 2026 (AsianPLAS 2026) officially opens on August 19, launching an extended online...

Columbia Asia Hospital Tebrau Wins ESG Champion Award For Sustainable Healthcare At Sustainability & CSR Malaysia Awards 2026

JOHOR BAHRU, MALAYSIA – Media OutReach Newswire – 19 August 2026 – Columbia Asia Hospital Tebrau has been awarded Company of the Year – ESG Champion for Health, Wellness and Sustainability at the ...

tridorian launches Gemini Enterprise Experience Center in Singapore to help enterprises turn AI ambition into business outcomes

New executive experience center helps business and technology leaders explore secure, connected AI workflows built around real business priorities. SINGAPORE - Media OutReach Newswire - 19 August ...

Chuangxin Industries builds on integrated aluminium strategy as earnings accelerate

HONG KONG SAR – Media OutReach Newswire – 19 August 2026 – China's aluminium industry entered 2026 against a landscape of unusual volatility. Rising geopolitical tensions, higher energy costs and ...

iHerb Kicks Off 30th Anniversary Celebrations in Singapore

SINGAPORE– Media OutReach Newswire – 19 August 2026 – Ahead of its 30th anniversary, iHerb is highlighting probiotics, collagen, B vitamins and everyday care products, alongside an early-bird flas...

#legend Announces Next Phase of Digital Growth Strategy Under Chairman Bruce Rockowitz

HONG KONG SAR - Media OutReach Newswire - 19 August 2026 - #legend today announced the next phase of its digital growth strategy under Chairman Bruce Rockowitz, with a clear focus on expanding aud...

Asia Responsible Enterprise Awards and Asia Pacific Enterprise Awards 2026 China Chapter Celebrate Resilient Enterprises Forging Legacies of Excellence and Impact

SHANGHAI, CHINA - Media OutReach Newswire – 19 August 2026 – The Asia Responsible Enterprise Awards (AREA) and Asia Pacific Enterprise Awards (APEA) 2026 China celebrated a new generation of resil...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...