KUALA LUMPUR – Danajamin Nasional Berhad (Danajamin), Malaysia’s first Financial Guarantee Insurer, held a graduation ceremony today at Aloft Hotel, Kuala Lumpur to celebrate Batch 2 students of the Danajamin100 leadership programme.
This transaction marks Danajamin’s inaugural drop off guarantee for a ‘live’ bond which was established by NGISB in 2013.
Danajamin100, a unique leadership enrichment programme launched in 2014 is Danajamin’s flagship Corporate Social Responsibility (CSR) initiative in collaboration with PINTAR Foundation. The programme aims to develop and maximize students’ leadership abilities and potential through a variety of well designed activities and engagements over a period of three years.
According to Dato’ Mohammed Hussein, Chairman of Danajamin Nasional Berhad, “The Danajamin100 Leadership Programme is testament to our firm and long term commitment to develop future leaders, which is critical to ensure the sustainability of our nation’s development, particularly our journey to developed country status. This programme is premised on the belief that whilst some leaders are born, leadership qualities can also be developed and nurtured.”
For Batch 2 of Danajamin100, 30 students from five PINTAR schools in Perak, Pulau Pinang and Kedah participated in a 3-year distinctive enrichment syllabus towards developing and amplifying their competencies as a leader. The students were selected based on academic results, co-curricular performance and individual traits such as passion, clarity of thought, care and responsibility. Danajamin continues to collaborate with PINTAR Foundation for assistance in identifying potential students and monitoring their performance thereafter.
“We are happy to have Danajamin Nasional Berhad, who has chosen our PINTAR Programme as its preferred CSR platform and used the PINTAR Consultancy Services to manage and oversee the Danajamin100 programme. We hope that more companies would follow its footsteps as through programmes such as Danajamin100, we are able to discover talented youths amongst the PINTAR secondary students, to be groomed and nurtured into exceptional individuals and effective leaders,” said PINTAR Foundation Chairman, Tan Sri Dato’ Seri Utama Arshad Ayub.
During the graduation ceremony, all students were presented with certificates of achievement and a contribution of RM1500 in the form of SSPN-i account. The ceremony was also attended by families of the was selected as the recipient of Anugerah Tokoh Danajamin100 – a special award in recognition of his outstanding participation and positive values created among his peers.graduates, representatives from the schools and representatives from Jabatan Pendidikan Negeri (JPN). Meanwhile, Muhammad Hakimie Izzat Bin Rosle from Sekolah Menengah Kebangsaan Chenderiang, Perak
When asked on his views of Danajamin100’s achievements thus far, En. Mohamed Nazri Omar, Chief Executive Officer of Danajamin said, “The aim of this programme has always been to be able to reach out and provide avenues for the students to discover their hidden potential and ultimately, produce wellrounded leaders who are able to improve the social and economic well-being of our country. Having seen 2 batches successfully graduating from the programme and seeing their development, from being shy and unsure of themselves to the confident young leaders they are today, shows how impactful Danajamin100 is in enriching the students’ skills and personalities.”
The third batch of Danajamin100 comprising of 30 selected students from schools in Kelantan commenced their journey in October last year and scheduled to undergo the second camp in May.
For more information about Danajamin, its services as well as its leadership, log on to www.danajamin.com .
Danajamin Nasional Berhad (Danajamin) is Malaysia’s first and only Financial Guarantee Insurer. Established in May 2009, Danajamin’s objective is to ensure that financially viable corporates continue to be able to access the bond market for their long term financing needs and at the same time, be an enabler to further develop the domestic bond and sukuk market.
To date, Danajamin has provided its guarantee for RM8.8 billion bond/sukuk programmes issued by 30 companies across various sectors; and brought about a market impact of RM15.2 billion through its risk sharing collaboration with partner banks.
Danajamin has been accorded the highest rating ‘AAA’ by both RAM Rating Services Berhad (RAM) and Malaysia Rating Corporation Berhad (MARC). It is regulated and supervised by Bank Negara Malaysia under the Financial Services Act 2013. Danajamin is equally owned by Minister of Finance Incorporated and Credit Guarantee Corporation Malaysia Berhad.
Today, Danajamin is well positioned to further enable the development of Malaysia’s capital market. Growing from strength to strength, Danajamin’s total assets and shareholders’ equity stands at RM2.1 billion and RM1.6 billion respectively (as at 31 December 2016).
In a Snapshot
Danajamin’s key objectives are to:
- Provide financial guarantee to enable financially viable companies access to the PDS market to obtain financing, with emphasis on long-term financing
- Further enable the development of the domestic PDS market as an alternative source of financing to complement the banking industry
- Stimulate economic growth by improving access to capital for Malaysian companies
Danajamin aims to:
- Facilitate a wider range of credit-worthy companies to raise capital via the bond/sukuk market
- Encourage smaller/non-traditional issuers to raise capital via the bond/sukuk market
- Provide access to long-term capital for a wider range of companies
Emilia Azyyati Abdul Rahman
Tel (03) 2265 0847