[ad_1]
SINGAPORE — Singapore Badminton Affiliation (SBA) has just lately acquired a well timed increase with two main sponsors, Karim Household Basis (KFF) and JK Expertise, pledging a complete of $1.1 million. KFF has pledged $600,000 over the following three years to assist nationwide gamers practice and compete whereas JK Expertise has dedicated $500,000 in the direction of supporting the SBA’s newly launched post-career gratuity programme.
KFF and JK Expertise are additionally sponsors for the upcoming Singapore Badminton Open, which can be held from June 6 to June 11 on the Singapore Indoor Stadium.
The Singapore nationwide badminton gamers are presently in Cambodia for the SEA Video games the place they’ve gained bronze within the males’s and girls’s workforce occasions.
The boys’s workforce misplaced 3-1 to Indonesia within the semi-finals, whereas the ladies’s workforce went down by the identical scoreline to Thailand within the semi-finals too.
Most of those gamers together with Loh Kean Yew, and Yeo Jia Min will not take part within the SEA Video games as they may journey to China for the Sudirman Cup (Could 14 to 21). Singapore has been drawn in Group A alongside hosts China, Denmark and Egypt.
Loh expressed his gratitude to the sponsors for serving to the gamers.
“It’s very heartwarming to see company sponsors are available in to help the game, when it comes to participant improvement and a post-career plan. With all these initiatives, it’s going to give gamers the reassurance and encouragement to proceed to pursue the game and carry out,” mentioned Loh who expressed his gratitude to all of the sponsors and supporters.
The KFF, established by Indonesian tycoon Bachtiar Karim and his spouse Dewi Sukwanto, is devoted to philanthropy with a concentrate on sports activities improvement, arts and tradition, psychological well being, and schooling. In 2021, the muse donated $200,000 to native favorite Loh following his historic BWF World Championship win.
“We’re very enthusiastic and excited to help our native gamers of their future improvement within the sport over the following few years. KFF believes that investing in gamers is an important step in the direction of constructing a robust and sustainable future for badminton in Singapore. We hope to scale back the monetary fear that many sportsmen and sportswomen in Singapore have as they chase their desires by giving them the required help, enabling alternatives for them to compete on the highest degree and produce glory to Singapore on the world stage,” mentioned Cindy Karim, KFF’s principal.
In the meantime, SBA’s newly launched post-career gratuity programme can be supported by JK Tecknology’s half-a-million-dollar sponsorship. As a part of the programme, SBA will set funds apart to be disbursed as a gratuity to eligible athletes on the finish of their taking part in profession. The gratuity quantity is pegged to an athlete’s greatest rating throughout their profession and the time they represented Singapore within the sport, with payouts starting from $16,000 to $100,000.
“It is a crucial initiative as a result of one of many causes we now have recognized why gamers have dropped out and should not contemplating their full profession improvement is as a result of they fear about not having the monetary means after they ultimately finish their taking part in profession. With this fund we’re establishing, gamers can play badminton with a peace of thoughts, to focus and excel within the recreation,” mentioned Eugene Ang, the managing director of JK Expertise, who was considered one of 5 native businesspersons who raised $50,000 for Loh after his BWF World Championship victory.
SBA chief government officer Alan Ow mentioned that he’s grateful for the beneficiant contributions from KFF and JK Expertise and he feels that their sponsorship will play a significant position in supporting the event of our nationwide badminton gamers and aiding their monetary future by the post-career gratuity program.
“It is a vital step in the direction of reaching our objectives of constructing a sustainable and thriving badminton ecosystem in Singapore. We stay up for working carefully with our companions to create alternatives for our gamers to excel internationally,” mentioned Ow.
Ship in your scoops to information@theindependent.sg
– Commercial –
[ad_2]
Source link
