The Remarkable Resurgence of Penang’s Hindu Endowment Board
By Jeffrey Hardy Quah
June 2016FEATURE
Advertisement
This one-of-a-kind body improves its finances impressively – and regains its relevance for Penang’s Hindus.When Pakatan Rakyat took power in Penang in 2008, they inherited an underperforming Hindu Endowment Board (HEB) that was generating a mere RM3,000 a month in income despite owning property worth millions.According to executive director Ramachandran M. Muthiah, many issues plagued the previous iteration of the HEB, from bad rent collection to a lack of upgrading works in existing properties. Records were not properly kept. Gold...
Subscribe to our e-archive to read our older articles.