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Axiata Invests RM100 million to Develop Young Malaysians to Become Future Leaders

2012-01-13

Kuala Lumpur 13th January 2012 Axiata Group Berhad (Axiata) today launched its Axiata Young Talent Programme (AYTP), a developmental scholarship for young Malaysians, going beyond academics. Launched in the presence of the Deputy Prime Minister, YAB Tan Sri Dato' Haji Muhyiddin Haji Mohd Yassin, this programme is in line with the Malaysian government's People First programme. Axiata will be investing at least RM100 million towards the programme via the Axiata Foundation.

The AYTP aims to develop the youth of today to become future leaders and captains of industry, by sponsoring academically excellent and well-rounded students at leading academic institutions in Malaysia and around the world. The programme goes beyond academics, a holistic approach providing scholars with the best in education and, more importantly, supplementing this with extensive and relevant extra-curricular activities. The co-curricular activities are a definitive development programme focusing on five core competencies namely attitude, leadership, communications, critical thinking and creativity, developing the students to become all rounded individuals, with open enquiring minds, future leaders not just versed in academic knowledge.

The AYTP Scholarship Scheme covers development costs as well as education expenses. To be eligible for reconsideration, each scholarship holder must continue to demonstrate a strong track record in co-curricular activities as well as academic achievement.

There are three components of the Young Talent Programme that students may apply to:

• National Secondary School Programme
• International Baccalaureate Pre-University Programme
• Undergraduate Degree Programme

Speaking at the event, Dato' Sri Jamaludin Ibrahim, President and Group Chief Executive Officer Axiata Group said, “With talent development being one of the three pillars of Axiata, we are excited to be able to nurture young Malaysians who have demonstrated a strong track record in academics as well as exemplary attitude and leadership qualities.”

“Through the AYTP, we aim to mould these individuals with the appropriate skills to ensure these talented students realize their full potential. It is our hope that these young individuals will be highly successful and be the pride of Axiata and the nation. ”

ABOUT AXIATA

Axiata is one of the largest Asian telecommunication companies, focused on high growth low penetration emerging markets. Axiata has controlling interests in mobile operators in Malaysia, Indonesia, Sri Lanka, Bangladesh and Cambodia with significant strategic stakes in India and Singapore. India and Indonesia are amongst the fastest growing markets in the world. In addition, the Malaysian-grown holding company has stakes in non-mobile telecommunication operations in Thailand.

The Group's mobile subsidiaries and associates operate under the brand name ‘Celcom' in Malaysia, ‘XL' in Indonesia, ‘Dialog' in Sri Lanka, ‘Robi' in Bangladesh, ‘HELLO' in Cambodia, ‘Idea' in India and ‘M1' in Singapore.

The Group's, including its subsidiaries and associates, has over 187 million mobile subscribers in Asia. The Group revenue for 2010 was RM15.6 billion. The Group provides employment to over 25,000 people across Asia. Axiata's vision is to be a regional champion by 2015 by piecing together the best throughout the region in connectivity, technology and talent, uniting them towards a single goal: Advancing Asia.

Axiata was awarded the Frost & Sullivan 2009, 2010 and 2011Asia Pacific ICT Award for Best Telecom Group and the Telecom Asia Best Regional Mobile Group 2010 and 2011 for its operations in multiple Asian markets.

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