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Honda Dreams Fund Announcement

When Honda Dreams Fund (HDF) was introduced in January 2007, Honda Malaysia made a five-year commitment to this unique scholarship. December 2011 marked the end of its five-year commitment and Honda Dreams Fund will be making way for Honda Malaysia's new, more holistic Corporate Social Responsibility direction.

Although Honda Dreams Fund has ended its run, Honda Malaysia will continue to support the scholars under this bursary until the full completion of their studies, some of whom are expected to graduate only in 2016.

Honda Dreams Fund was conceived with the aim of providing full and non-binding scholarships for underprivileged but determined youths who have a dream but not the financial means to achieve it. These youths were dared to dream and challenged to hold on to their dream regardless of their situation. Honda Malaysia, in partnership with United Nations Development Programme (UNDP) awarded the HDF scholarship to 100 scholars between year 2007 to 2011. These HDF scholars were selected from amongst the truly deserving youths identified via road tours to villages, rural areas and schools throughout Malaysia.

Honda Malaysia and UNDP works with an independent advisory panel comprising members from various organisations, which are the All Women's Action Society (AWAM) and Malaysian Youth Council (MYC) in the evaluation and selection process. UNDP manages the process of selection to ensure unbiased award of the scholarship. During the 5-year commitment, HDF has inspired and impacted Malaysian society as a whole by changing the lives of these scholars and those of their families through education.

A total of 22 scholars have graduated and gone on to forge a new dream in life. Honda Malaysia is glad to have been able to provide a platform for these special 100 scholars to achieve their dreams. Their life has been transformed through this scholarship opportunity. We are proud to have journeyed with the 100 scholars in pursuing their dreams through education.

Honda Malaysia is committed with our philanthropic efforts to contribute to the Malaysian society in various ways. Going forward, Honda will continue to be true to the power of dreams and the new Corporate Social Responsibility will be more encompassing in realizing a better life and supporting the weak in society as Honda continues to seek to be a company that society wants it to exist. We will be announcing the future CSR direction soon.