OCM Approves Financial Assistance for Thirty (30) Affiliate Members
In its meeting held this morning, the Trust Management Committee for the OCM Trust Fund have agreed to provide grants to twenty-three (23) Ordinary Members and seven (7) Associate Members of the OCM.
The OCM had earlier set up the Special Covid-19 Fund to assist the National Sports Associations (NSAs) with their administrative expenses at a time when the cancellation of and inability to organize events in particular have affected their revenue streams.
The total grant awarded to the above thirty (30) NSAs is RM 265,000, with a maximum of RM 10,000 per NSA. The grant will be disbursed within the next week.
Olympic Council of Malaysia
8 May 2020
