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KUALA LUMPUR, March 14 — The Ministry of Greater Training (MOHE) at the moment launched Funding and Financing Pointers for Public Universities 2024 as a reference for universities to reinforce their administration and earnings era.
Minister Datuk Seri Zambry Abd Kadir mentioned it’s an replace and enchancment of the present pointers used since 2004 and developed primarily based on the research performed by Universiti Kebangsaan Malaysia (UKM).
He mentioned public universities with income-generating subsidiaries can seek advice from the brand new pointers.
“So, this pointers will permit them (public universities) to study (investments and financing which are according to authorities) laws,” he instructed reporters after the Public Universities’ Board of Administrators/Governors and Subsidiaries’ Strategic Job Adaptation programme on the World Commerce Centre, right here at the moment.
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The e book streamlines the principles and procedures associated to funding in fairness devices, money owed, different monetary or partnership preparations with exterior events, financing, management, and monitoring according to the provisions below the respective universities’ constitutions, amongst different issues.
On the programme, attended by 300 public universities’ board of administrators and 27 public universities’ subsidiaries, Zambry mentioned it’s the greatest platform to debate points and new concepts to strengthen their administration.
Amongst these current have been chairmen of the board of administrators for Universiti Teknologi Malaysia, Tan Sri Azman Mokhtar, Universiti Sultan Zainal Abidin, Tan Sri Che Khalib Mohamad Noh and Universiti Malaysia Pahang Al-Sultan Abdullah, Datuk Seri Abdul Razak Jaafar. — Bernama
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