Sponsorships FOR KL SEA Games Exceed Target - Minister Khairy

KUALA LUMPUR, May 31 (Bernama) -- The Malaysian SEA Games Organising Committee (MASOC) has succeeded in surpassing the initial sponsorship target of US$18.69 million (RM80 million) for the 29th Kuala Lumpur SEA Games and the 9th ASEAN Para Games. Malaysian Youth and Sports Minister Khairy Jamaluddin (centre) said with the latest sponsorship from local pewter manufacturer Royal Selangor, MASOC had garnered US$19.32 million (RM82.7 million) in sponsorships. Of the total, US$5.84 million (RM25 million) was in cash while the rest comprised goods and souvenirs. “We have achieved 103 per cent or RM82.7 million...our target was RM80 million, so we have exceeded our KPI in terms of sponsorship,” said Khairy after introducing the Games’ medals and the announcement of Royal Selangor as a silver sponsor for KL 2017 here Tuesday. On the medals, the minister praised the initiative taken by Royal Selangor to combine the use of kempas wood and tin which were the natural resources found in the country. He said five per cent from the sales of souvenirs produced by Royal Selangor for KL 2017 such as pewter figurine Rimau, dress pin and commemorative medals would be channelled to MASOC. The 29th SEA Games is scheduled from Aug 19 to 30 while the 9th ASEAN Para Games will be held from Sept 17 to 23. (photoBERNAMA) -- BERNAMA