KUALA LUMPUR: The MIC is offering partial study aid to students who have failed to secure Public Service Department scholarships.
MIC president Datuk Seri S. Samy Vellu said the students could now opt for studies at a discounted rate at the Asian Institute of Medicine, Science and Technology University where 200 places would be available in the next intake in September.
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He said obtaining financial aid and university places should no longer be a major concern among parents as MIC-owned Maju Institute of Educational Development had disbursed more than RM90 million in scholarships so far.
"We have been helping many students through AIMST and Tafe college."
Samy Vellu said this before presenting awards to 480 high achievers in last year's Sijil Pelajaran Malaysia and Sijil Tinggi Persekolahan Malaysia at the MIED President's Merit Award ceremony yesterday.
A certificate, RM1,000 and a souvenir were presented to 24 STPM students who scored 4As and above and 217 SPM students who obtained 10A1s and above.
The others, who scored 8A1s and 9A1s in the SPM, received RM750, a certificate and a souvenir.
On the coming MIC elections, Samy Vellu said he had yet to decide who to endorse among the three candidates for the deputy president's post -- current deputy president Datuk G. Palanivel, vice-president Datuk S. Sothinathan or former deputy president Datuk S. Subramaniam.
"I haven't made a decision yet. Let Palanivel fight. Even Sothinathan, he is a capable young man who should have contested for the president's post instead of Datuk M. Muthupalaniappan. I don't know why he didn't take that opportunity."
On the party's troubled investment arm, Maika Holdings, Samy Vellu said it had been "hooked to death" by Koperasi Nesa Pelbagai Bhd, a company which has 625,000 shares in Maika and is headed by Subramaniam.
Nesa obtained a court order last year to stop Maika from selling its insurance company Oriental Capital Assurance Bhd (OCAB) to solve its financial troubles on the grounds that the required shareholder approval from the RM129.8 million sale was not done properly.
"We are not fish to get hooked like this. We are now trying to borrow money from here and there to pay the shareholders and keep the company. People are coming to my office every day asking for money.
"I totally condemn Nesa for doing this."
"We have been helping many students through AIMST and Tafe college."
Samy Vellu said this before presenting awards to 480 high achievers in last year's Sijil Pelajaran Malaysia and Sijil Tinggi Persekolahan Malaysia at the MIED President's Merit Award ceremony yesterday.
A certificate, RM1,000 and a souvenir were presented to 24 STPM students who scored 4As and above and 217 SPM students who obtained 10A1s and above.
The others, who scored 8A1s and 9A1s in the SPM, received RM750, a certificate and a souvenir.
On the coming MIC elections, Samy Vellu said he had yet to decide who to endorse among the three candidates for the deputy president's post -- current deputy president Datuk G. Palanivel, vice-president Datuk S. Sothinathan or former deputy president Datuk S. Subramaniam.
"I haven't made a decision yet. Let Palanivel fight. Even Sothinathan, he is a capable young man who should have contested for the president's post instead of Datuk M. Muthupalaniappan. I don't know why he didn't take that opportunity."
On the party's troubled investment arm, Maika Holdings, Samy Vellu said it had been "hooked to death" by Koperasi Nesa Pelbagai Bhd, a company which has 625,000 shares in Maika and is headed by Subramaniam.
Nesa obtained a court order last year to stop Maika from selling its insurance company Oriental Capital Assurance Bhd (OCAB) to solve its financial troubles on the grounds that the required shareholder approval from the RM129.8 million sale was not done properly.
"We are not fish to get hooked like this. We are now trying to borrow money from here and there to pay the shareholders and keep the company. People are coming to my office every day asking for money.
"I totally condemn Nesa for doing this."
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