Monday, March 26, 2012
MOU Signing : UiTM-SIDC
In what can be categorized as a "landmark" event for both Universiti Teknologi MARA (UiTM) and the Securities Commission (SC), a memorandum of understanding (MOU) has been signed between the two entities to mark a working collaboration to enhance the capital market in Malaysia. SIDC is the educational and training arm of SC and has been a leading information resource provider in the ASEAN region since 1994. The SIDC develops and facilitates training both locally and internationally through a range of programmes and activities, including conferences, seminars, and workshops supported by computer-based learning. The joint working collaboration between SIDC and the Faculty of Accountancy, UiTM would hopefully helps to create investor awareness; raise professional standards; and enhance skills of Malaysian capital market participants. In support of Malaysia's aspiration to become a highly industrialized nation, it is expected that the Malaysian capital market requires about 40,000 qualified professionals by 2020. Hence this collaboration is extremely important and timely. Whilst Dato' Prof Ir Dr Sahol Hamid, Vice Chancellor of UiTM signed the MOU on behalf of the university, SIDC was represented by SC Chairman, Tan Sri Zarinah Anwar. Also present were Tan Sri Wan Zahid, Chairman of UiTM Council and other officers and researchers from both institutions.