In order to help the younger generations get better in managing their finances, which ultimately leads to them owning the assets of their choice, Sedimi has launched the Sihat Kredit Malaysia Inisiatif (SKMI) programme.

The programme, in partnership with CTOS Data Systems Sdn Bhd is targeting 100,000 entries as a start.

Max EE, CEO of Sedimi said that SKMI is an initiative that aims to check a person’s credit score so that applicants can get a more thorough and in-depth understanding of their finances.

“Through the application provided, applicants can get more accurate information on their financial status.

“This also helps to encourage more Malaysians, who are capable, to own their first home in Malaysia,” he said during the SEDIMI’s Aidilfitri Open House celebration.

Meanwhile, Eric Chin, CEO of CTOS, said that he is proud to be part of the SKMI program with SEDIMI as it is in line with CTOS’ corporate social responsibility, where it aims to drive financial empowerment through knowledge and awareness.

“SKMI is a good initiative where the private sector can work together to support the government’s agenda to boost financial management education and increasing financial literacy for all.

“This joint effort will help to equip young Malaysians with better financial knowledge, and in turn enabling them to own their first home,” he said.

Ismail Muttalib, Deputy Minister of Housing and Local Government said that the programme is in line with the government’s efforts in the country to achieve high-income status.

“Initiatives undertaken by the government achievable just by throwing ideas and opinions.

“A good policy needs to be properly implemented, carried out well and its progress is closely monitored.

“It is necessary to call for the spirit and dedication from all levels of society, including the ministerial level as well as the private sector,” he added.

Also present at the ceremony were YAM Tengku Syarif Temenggong Perlis Dato ‘Seri Diraja Syed Amir Abidin Jamalullail Syed Putra Jamalullail.