Cheque Presentation Ceremony by Kumul Minerals Holdings Limited and PNG Kidney Foundation,
Wednesday 22 February 2023
Kumul Minerals Holdings Limited (Kumul Minerals) today presented a cheque for One Million Kina to the PNG Kidney Foundation (Kidney Foundation) today.
This represents the first tranche of the K3 million sponsorship package by Kumul Minerals as agreed under the Charity Partnership Agreement as signed recently on the 22 December 2022.
Professor Kaul Gena, Director of Kumul Minerals on behalf of the Board and Management of Kumul Minerals presented the cheque to Sir Martin Poh, Chairman of PNG Kidney Foundation
Professor Gena says that Kumul Minerals as a state-owned company under its government-approved Community and Social Obligations charter is obliged to fund projects that have the potential to impact and improve the lives of our people.
Professor Gena says that Kumul Minerals recognizes that chronic kidney failure is a lifestyle disease which has and will continue to threaten the lives of every Papua New Guinean citizen. Statistics show already that chronic kidney failure among PNG citizens is increasing rapidly around the country and is rated as a major contributor to fatalities annually in the country. It is an economic cost to the country as working citizens are affected and, at times, may not be able to continue working and contributing as fully functional individuals.
Kumul Minerals recognized that PNG Kidney Foundation is leading the drive to effectively deal with chronic kidney diseases in the country. We also appreciate that the Foundation needs funds to provide dialysis and related service to our people. As PNGKF Brand Partner, Kumul Minerals is ready to support the Foundation as and when we can. And we begin today with this presentation of K1 million.