“We have assets of RM2bil and do not need donations,”If any of Lulu's readers or their parents attend a MCA function and they pass around a donation box, you should take the donation box to the organisers and tell them to simpan the peti cos their treasurer general said "We have assets of RM2bil and do not need donations".
- MCA treasurer-general Tan Sri Tee Hock Seng
Maybe you'll protect a generous gullible donor like Tiong from donating to the mega-rich.
The revelation by a MCA divisional leader that the party owns RM2 billion worth of assets has Bintulu MP and tycoon Tiong King Sing all riled up.
This is because the party approached him for help in order to secure the use of eight four-storey shoplots for MCA-owned Tunku Abdul Rahman (TAR) College campus in Penampang, Sabah.
Based on the tenancy agreement, TAR College only needs to pay Tiong's company Wawasan Sdn Bhd a nominal fee of RM1 monthly for all units.