Pan Malaysian Pools Sdn. Bhd. (“PMP”), was incorporated in Malaysia on July 4, 1988. Its principal business is the conduct and management of the Numbers Forecast Totalisator business and administration, conduct and management of totalisators in Malaysia in respect of race meetings under the provision of the Racing (Totalisator Board) Act, 1961. In January 1991, PMP assumed the management of the horse breeding and related activities of the National Stud Farm, previously undertaken by the Lembaga Totalisator Malaysia.
On 9 August 2011, Jana Pendidikan Malaysia Sdn Bhd (“JPM”) acquired the entire shareholding in PMP. Following the acquisition of PMP by JPM, all of PMP’s net dividends that JPM receives will be donated to The Community Chest. With this structure, PMP has effectively been transformed from a for-profit organization into a social business, providing long term donations to The Community Chest for the benefit of the Malaysian community.
