MP Ahammed, Chairman of Malabar Group handing over a cheque yesterday.
Dubai: Malabar Group has announced a contribution of around $1m to the Kerala flood relief, said a statement.
The flood that swept away almost half of Kerala has cost many life and property. The overall loss is yet to be estimated, however honourable Chief Minister Pinarayi Vijayan and the government is leading a very commendable rehabilitation work.
To support the activities of Chief Minister, MP Ahammed Chairman - Malabar Group handed over a cheque of around $283,600 yesterday at Trivandrum, Kerala. He also committed a financial help of almost $708,820 for rebuilding and repairing houses that lost and damaged during the flood. This includes around $141,765 collected from the employees of Malabar Group.
Hence, the total relief from Malabar Group reaches $1m. The entire relief activities will be routed through Malabar Housing Charitable Trust.
Malabar Gold & Diamonds is always at forefront when it comes to CSR activities.
The group sets aside a fixed percentage of its net profit for the benefit of the needy in the respective markets it operates in.
They undertake social welfare activities all year long, focusing on five priority areas such medical, educational sector, environment as well as housing and women empowerment.
