New public trust for TAR UC is a transitional solution

The trust fund that will be set up to manage government funds for Tunku Abdul Rahman University College (TAR UC) is just a transitional solution, said Finance Minister Lim Guan Eng.

Speaking at a press conference with the representative from the TARCian Alumni Association (TAA) - who will be running the trust fund - Lim stressed that funds will be chanelled directly to the varsity once MCA relinquishes control...