UUM ONLINE: Kuala Lumpur, May 22 – Varsity Mall is set to enhance the image of Universiti Utara Malaysia (UUM) as the pioneer in providing a modern student mall when its upgrading is completed early next year.
With regard to this, UUM has signed a Memorandum of Agreement (MoA) with Magna Hartamas Sdn Bhd, a company owned by an alumnus of UUM, to build and manage the Varsity Mall.
UUM was represented by the Vice-Chancellor, Prof. Dato’ Wira Dr. Mohamed Mustafa Ishak, while Magna Hartamas was represented by its Managing Director, Mr. Mohd Nizam Morad.
The MoA signing ceremony was held at the Hotel Seri Pacific, recently.
In his speech, the Vice-Chancellor said that the project was in line with the Ministry’s intention of applying the values of entrepreneurship amongst students by developing and upgrading the existing on-campus business complexes.
“This coincides with the desire of UUM to become an essential stopover destination. A modern, self-contained, Varsity Mall will certainly accrue added value in the eyes of local and foreign tourists.
“The existing building will be transformed into two blocks, thus facilitating the increase in the number of business lots from the present 44 to 82. This would afford more students the opportunity of doing business on the premises under the student entrepreneurship programme,” he said.
He added that, with the signing of the MoA, UUM had moved a step further forward in the provision of modern infrastructure for the needs of the students with the contribution of the UUM alumni in helping implement the Varsity Mall project.
Meanwhile, the Managing Director of Magna Hartamas, Mr. Mohd Nizam Morad, said that the Varsity Mall project was an effort towards transforming the present Mall with enhancements in a bid to accommodate the increasing number of students whilst modernising the existing facilities and services.
According to him, the upgrading work encompassed three main elements, namely the design of the roof, the full air-conditioning of the building, and the green building concept, which would provide returns in the form of comfort and satisfaction to those visiting Varsity Mall.
“The upgrading project, which entails a cost of nearly MYR8 million for work that covers renovating, upgrading, managing, and maintaining the Varsity Mall, will commence, by the latest, in August.
“This project will provide all round benefits in that the university management will acquire an asset embodying the trend of the times, the campus community will have an on-campus shopping complex on par with off-campus shopping complexes, and more entrepreneurs will have a platform from which to expand their businesses,” he said.
Among those present at the MoA signing ceremony were the Deputy Vice-Chancellor (Student Affairs and Alumni), Assoc. Prof. Dr. Abdul Malek Abdul Karim; the Director of Magna Hartamas Sdn Bhd, Mr. Aznan Rizal Mohd Shafri, and senior officers of UUM and Magna Hartamas.
Translated by Mahaliza Mahadhir
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