Balai Ikhtisas Malaysia

This term 2006/2007 is a going back to basic term for BIM in terms of Financial and Organisational structures. BIM is in the final stage of restructuring and we hope to finalise it before the end of this 2006/2007 term. Upon finalisation, BIM would be more leaner and financially strong with a strong secretariat to implement its aims under the new Constitution.

BIM is a self sustaining NGO and operates on income derived from rental of properties, insurance businesses income, annual fellowship dinner and seminars. In October 2006, we managed to find suitable tenants for our Wisma BIM, Wisma Zelan and Bangunan BIM through our own initiative. Currently, 98% o BIM’s properties have been tenanted to reliable tenants. This the 1st time we have achieved such high occupancy rate for our properties. Our Insurance business has also improved and our “Professional Nite’ dinner with the Prime Minister has contributed positively to our income flow.