(For immediate release on website, media kit, partners, regulators)
Governance Transition & Leadership Renewal Statement
Yayasan Usaha Ventures Malaysia
Yayasan Usaha Ventures Malaysia confirms that the foundation has undergone a formal and complete governance transition, in accordance with the requirements of the Registrar of Societies (RoS) Malaysia.
As part of this transition, the previous office bearers voluntarily stepped down, with no continuing involvement in the foundation’s management, decision-making, or operations. This step was taken to allow the incoming board to operate independently and to ensure a clear governance reset aligned with best practices in transparency, accountability, and institutional integrity.
The foundation is now led by a newly appointed committee, duly recorded and recognised by the Registrar of Societies. The current leadership assumes full responsibility for the direction, governance, and activities of Yayasan Usaha Ventures Malaysia.
Under the renewed governance structure, the foundation is committed to:
- Strong regulatory compliance
- Ethical leadership and transparency
- Clear separation from past administrations
- A forward-looking mission centred on entrepreneurship, community empowerment, and social development
Yayasan Usaha Ventures Malaysia moves forward with a renewed focus on impact, trust, and long-term sustainability, under the stewardship of its current leadership.