KUALA LUMPUR, May 20, 2008
My Money Tree Sdn Bhd, a subsidiary of Money Tree Asia Pacific, plans to open 10 to 15 academies nationwide by year end as part of it’s expansion plan.
It’s Marketing Director Andrew Ong said the academies will provide training for children and teenagers on basic financial matters as well as entrepreneurship.
The company planned expand its academies into areas like Penang, Johor Baharu, Kuching, Kota Kinabalu, Ipoh and Kuantan, he said.
Currently, it has an academy in Petaling Jaya.
“We at My Money Tree are training kids and teenagers on the importance of finance and entrepreneurship. Our classes are conducted in the form of interaction consisting of lessons and activities”
Classes are divided into three levels, namely junior levels for those between nine to 13 years old, apprentice level for 14 to 18 years old and entrepreneur level for those aged 19 and above.
Andrew said the students are taken on an educational journey to give them an insight to the spoken and sometimes unspoken rules that govern the world of commerce and industry. We believed in setting a right financial path for the younger generation before they move into adulthood.
Students are also given exposure about actual account practices in the commercial world, current market conditions and the business and investment landscape, he said.
“Our content evolves around the findings that students learn best when they are engaged visually and through audio, participate in experiential learning and ultimately share their experiences,” Andrew said.
All sessions are highly interactive, drawing students to participate fully, and the classes are conducted once a week, he said.
Our participation in the WCIT 2008 event marks a new phase in our brand awareness among both the local and international scenes. On Wednesday, 21st May 2008, Money Tree will be signing an MOU with a reputable Bahrain corporation in the setting up of the Money Tree Program in the Gulf states. A number of agreements are set to be established with interested parties from other countries like Egypt, Bangladesh, Australia, etc, following the WCIT event.
Hong Kong based Money Tree Asia Pacific, which owns the rights to the Money Tree Programme worldwide, has a 40 percent stake in My Money Tree Sdn Bhd which has a RM1 million paid-up capital.
Note to Editors
- The MONEYTREE programme is a proprietary program developed by Money Tree Asia Pacific Ltd. The objective of the programme is to provide a high standard of financial education that meets the needs of all their learners. Further information can be obtained from:
My Moneytree Sdn. Bhd.
EL-11-13A, Amcorp Business Tower,
No. 18 Persiaran Barat, 46150 Petaling Jaya, Selangor.
Tel: 03 79544514 Fax: 03 79540128
Website: www.moneytree.my Email: andrew@moneytree.my
- MONEY TREE is currently being conducted in Malaysia, Singapore, Hong Kong with more centres opening soon in Brunei and Indonesia
