Page 155 - MSM_AIR2021

SUSTAINABILITY JOURNEY HOW WE ARE GOVERNED FINANCIAL STATEMENTS ADDITIONAL INFORMATION 153

Key Welfare and Benefits for ‘Keluarga MSM’
Special Two months
Maternity and Paternity financial assistance for Medical Care Insurance
Leave
non-executive employees

September and November 2021: Upgrade of medical care
60 employees benefitted insurance introduced in FY2021:
in FY2021 639 non-executive employees
√ Room and board upgrade
Total contributed:
RM766,800 √ Annual limit increase

√ Extended coverage to working
spouse

Back to School
subsistence for Emergency Relief Aid Sports and healthy
children of low-income lifestyle funds
employees
Total amount extended to employee Sports Club Budget
affected by December 2021 flash
Payout in December 2021 flood: MSM Johor RM20,000

RM59,000 for 259 RM3,000 MSM Prai RM20,000
eligible staff
Total amount extended to employee Sungai Buloh Warehouse (SBW):
Primary: RM100 per child whose house was destroyed in a RM10,000
fire:
Secondary: RM150 per child
RM3,000 A Foldies Cycling Club was
Total amount extended to employee established at MSM Holdings in
for medical treatment of premature FY2021 for Folding bicycle
child: enthusiasts within the MSM Group.
RM18,815

Food and PPE subsidy to employees
Family care for deceased employees undergoing COVID quarantine

Subsidy in FY2020 during first MCO up to 12 May 2020
Financial contribution of 60 times base salary to
beneficiary totalled RM356,000
In FY2021, in the case of employee deceased due to Subsidy in FY2021 (up to October 2021) amounted to
COVID-19, MSM initiated an unprecedented employment
offer to the child of the deceased breadwinner. RM168,756 (MSM Prai)

RM121,202 (MSM Johor)