Yayasan Ltat

What Yayasan Ltat does

Yayasan LTAT (legal name Yayasan Lembaga Tabung Angkatan Tentera) is a Malaysian non-profit foundation established on 26 April 2000 by Kumpulan LTAT under Boustead Holdings Berhad, and restructured on 1 May 2021 into a full-time self-managed entity. It operates three programme pillars — education, skills, and welfare — exclusively for Malaysian Armed Forces (ATM) personnel, veterans, and their families. Education programmes span Year 1 savings incentives (Simpanan Pendidikan MADANI at RM50 per child into SSPN Prime accounts), SPM preparation (Sentuhan Elit SPM, e-Perkasa SPM), academic excellence awards (AKP SPM), university grants (RM1,000 domestic, RM2,000 overseas), and full scholarships including IIUM Ummatic (RM30,000 per student per year), UNIRAZAK Asasi Sastera (250 places annually), and Kings University College. Skills programmes include LAKSAMANA 3.0 (Non-Destructive Testing with MIGHT and RSA Academy, Train & Place model), K²T (Kemahiran Keluarga Tentera) delivered at community colleges via JPPKK, TVET quotas via MARA, and PROWIRA Ready To Work for graduates (12-month placements, RM2,000 monthly allowance). Welfare programmes provide one-off assistance for medical emergencies, chronic illness, OKU disability, and bereavement, delivered through the Ziarah Mahabbah programme. The foundation is headquartered at Level 9 Chulan Tower, Jalan Conlay, Kuala Lumpur.

The foundation is funded through three channels: government allocation channelled via the Ministry of Defence (MINDEF), corporate CSR and Zakat contributions (12 corporations contributed RM4.27 million in May 2026 alone, including Affin Bank, Boustead Plantation, Boustead Holdings, Pharmaniaga, PERNAMA, and PTPTN), and tax-exempt donations under Section 44(6) of the Malaysian Income Tax Act 1967. It does not sell products or services commercially. Distribution is via the ATM command structure, government educational institutions, community colleges, and corporate CSR ceremonies involving the Minister of Defence and service chiefs. Technology use is limited to SSPN Prime digital accounts via PTPTN, online registration portals, and Google Forms for applications — there is no proprietary technology platform or AI capability. Strategic partners span PTPTN, MIGHT, IIUM, UiTM, UNIRAZAK, MARA, JPPKK, INSKEN, and YSS, with the leadership led by Chief Executive Officer Dato' Dr. Mohd Nizar Hj. Sudin.

Name

Yayasan Ltat

Legal name

Yayasan Lembaga Tabung Angkatan Tentera

Website

https://yayasanltat.org.my

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

1–10 employees

Short description

Yayasan LTAT is a Malaysian foundation under Boustead Holdings' LTAT Group that delivers education scholarships, skills training, and welfare assistance exclusively to Malaysian Armed Forces personnel, veterans, and their families, funded via MINDEF allocations and corporate CSR contributions.

Ownership category

akta.pro rank

Product category

Military Welfare Foundation Services

NAICS

Educational Support Services (611710), Professional and Management Development Training (611430), Health and Welfare Funds (525120)

SIC

Services-Educational Services (8200), Services-Social Services (8300)

akta.pro primary industry

Veterans, Military & Employer/Third-Party Billing Benefits (EDALAJAJ)

akta.pro secondary industries

Emergency Student Aid & Hardship Fund Administration (EDADAHAK), Communication, Collaboration & Conflict Resolution Skills (EDAMAIAF)

Keywords

• Military family welfare
• Education scholarships
• Skills training programs
• Veteran community support
• Welfare assistance programs

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Government Allocation: Yayasan LTAT receives government funding allocated through the Ministry of Defence (MINDEF) to fund educational scholarships, skills programs, and welfare assistance for ATM personnel, veterans, and their families.
2. Corporate Social Responsibility (CSR) Donations: Corporate entities contribute CSR and Zakat funds to support foundation programs. In May 2026, 12 corporations contributed RM4.27 million. Individual major donors include Affin Bank, Boustead Plantation, Boustead Holdings, Pharmaniaga, PERNAMA, and PTPTN. Funds are directed toward education, skills, and welfare initiatives.
3. Tax-Exempt Donation Income: Contributions to Yayasan LTAT qualify for income tax exemption under Section 44(6) of the Income Tax Act 1967, incentivising individual and corporate donations.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels10 records

Core offering

Yayasan LTAT is a non-profit foundation that channels funding into structured education, skills training, and welfare programmes for Malaysian Armed Forces (ATM) personnel, veterans, and their dependants. Its offerings span education incentives and scholarships (from primary through overseas university), SPM tuition and STEM enrichment, community-college and industry-linked skills training, graduate return-to-work placements, and one-off, emergency, and disability welfare assistance for the BAKAT community.

Product overview

Yayasan LTAT operates as a foundation providing a portfolio of education, skills, and welfare programs for Malaysian Armed Forces (ATM) personnel, veterans, and their families. The education pillar includes savings incentives (Simpanan Pendidikan MADANI), STEM programs, SPM preparation courses (Sentuhan Elit SPM, e-Perkasa SPM), academic excellence awards (AKP SPM), and university assistance (Bantuan Universiti Awam/Luar Negara). The skills pillar features LAKSAMANA 3.0 technical training in Non-Destructive Testing with industrial placement, the K²T family skills program at community colleges, TVET MARA quotas, and PROWIRA RTW graduate employment program. The welfare pillar provides assistance for disabled children, chronic disease patients, and emergency aid for accidents or death. These programs are delivered through partnerships with universities, government agencies, and industry partners rather than as a unified software platform.

Differentiator

Problem solved

Functional benefit

Brands

• LAKSAMANA 3.0: A skills training program for children and veterans of ATM offering technical training in Non-Destructive Testing (NDT) with job placement support.
• PROWIRA – Ready To Work (RTW) Graduan
• PROTÉGÉ MINDEF
• Sentuhan Elit SPM
• e-Perkasa SPM
• Simpanan Pendidikan MADANI
• Program Kemahiran Keluarga Tentera (K²T)
• Anugerah Kecemerlangan Pendidikan (AKP) SPM
• PROTÉGÉ

Products and services

• Simpanan Pendidikan MADANI

Quantifiable outcome

• 3,328 Year 1 students received RM50 each (RM166,400 total) via Simpanan Pendidikan MADANI 2026
• +6 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered core, major and minor.

• Universiti Teknologi MARA (UiTM)coreStrategic or Co-development Partner · 8 May 2026Symbolic handover of the Yayasan LTAT–UiTM Residence Building at UiTM Palam Alam on 8 May 2026, officiated by the foundation's CEO and UiTM's Deputy Vice-Chancellor (Development). The second residence collaboration with a higher education institution after IIUM. Revenue from the building's operations will fund scholarships and education assistance for eligible children of ATM personnel.
• Institut Keusahawanan Negara (INSKEN) – National Entrepreneurship InstitutemajorStrategic or Co-development Partner · 27 April 2026INSKEN (under the Ministry of Entrepreneur Development and Cooperative, KUSKOP) conducted a courtesy visit to the foundation CEO on 27 April 2026 to discuss entrepreneurship training for K2T program graduates. INSKEN offers expertise in developing and mentoring aspiring entrepreneurs from BAKAT members. This partnership aims to strengthen the entrepreneurship ecosystem and create income-generating opportunities for ATM families.
• Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) – National Higher Education Fund CorporationcoreStrategic or Co-development Partner · 13 March 2026Ongoing strategic collaboration to channel Simpanan Pendidikan MADANI funds into SSPN Prime accounts for children of ATM personnel. Each Year 1 student receives RM50 credited to their SSPN Prime account. 3,328 recipients in 2026 with total disbursement of RM166,400. PTPTN also provided CPPN account services and collaborated on MADANI savings distribution ceremonies.
• Yayasan Sukarelawan Siswa (YSS) – National Student Volunteer FoundationminorStrategic or Co-development Partner · 14 February 2026Yayasan LTAT received formal recognition from YSS as a strategic partner in expanding access to structured volunteer programs for children of Malaysian Armed Forces personnel. The partnership enables children of military personnel to participate in well-structured volunteer programs that build leadership, character, and real-world experience. Award presented by the Ministry of National Unity's Secretary-General alongside Tabung Haji, Ministry of Higher Education, and TalentCorp.
• International Islamic University Malaysia (IIUM)coreStrategic or Co-development Partner · 20 October 2025Yayasan LTAT – IIUM Ummatic Scholarship offers 10 student places annually at RM30,000 per scholar per year. Open to children of ATM personnel, veterans, and general public. Recipients are required to serve ATM upon graduation. 72 scholars received the scholarship in the 2025 cohort.
• Malaysian Industry-Government Group for High Technology (MIGHT)coreStrategic or Co-development Partner · 21 May 2025Strategic collaboration through a Memorandum of Understanding (MoU) signed on 21 May 2025 for the LAKSAMANA 3.0 skills training program. This is the second collaboration between the two parties. MIGHT co-develops and oversees the Non-Destructive Testing (NDT) curriculum with RSA Academy Sdn Bhd as the training executor. The program follows a Train & Place model targeting children of ATM personnel and veterans across three cohorts (40 participants total).
• Universiti Tun Abdul Razak (UNIRAZAK)majorStrategic or Co-development Partner · 1 January 2025Five-year strategic collaboration with UNIRAZAK and the ATM Education Direction Department (Jabatan Arah Pendidikan ATM) to provide free Asasi Sastera (Foundation in Arts) education for children of ATM personnel. Limited to the first 250 eligible applicants annually. Recipients receive full sponsorship for their foundation studies.
• Kolej Kemahiran Tinggi MARA (KKTM) / MARA / Japan Industrial Institute / Institut Kemahiran MARA (IKM)majorStrategic or Co-development Partner · 1 January 2025TVET program providing 50 annual quotas for children of ATM personnel to enroll in MARA skills colleges. MARA covers full tuition fees, provides hostel accommodation (subject to availability), and offers living allowances (ESH). Yayasan LTAT contributes towards registration fees. Programs span pre-diploma through degree levels in technology, industrial, and skills disciplines.
• Jabatan Pendidikan Politeknik dan Kolej Komuniti (JPPKK)majorStrategic or Co-development Partner · 1 January 2025Collaboration delivering the K2T (Kemahiran Keluarga Tentera) skills program through short courses at community colleges nationwide. Includes food handling, kuih-making, personal colour analysis, and other vocational skills. Since inception, 1,153 participants have completed 34 courses. Partner colleges include Kolej Komuniti Bandar Darulaman, Kolej Komuniti Pasir Salak, Kolej Komuniti Kok Lanas, and Kolej Komuniti Jeli.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Regional players

• Royal British Legion: The UK's largest military charity providing welfare, education grants, employment support, and housing to armed forces personnel, veterans, and families. The closest international structural analog to Yayasan LTAT in mission (military family welfare + education) though operating at vastly larger scale and in a different geography.
• USO (United Service Organizations): US non-profit providing welfare, family support, and transition programs to active-duty military, veterans, and their families. Functionally analogous to Yayasan LTAT's welfare pillar (emergency assistance, family visits, hardship support) though operating under a different funding and delivery model.

Direct peers

• Yayasan TM: Telekom Malaysia's corporate foundation supports education, welfare, and community programs for Malaysian beneficiaries. Directly comparable to Yayasan LTAT in being a corporate-linked foundation operating multi-pillar (education + skills + welfare) programs funded by CSR allocations.
• HRDCorp (Human Resource Development Fund): Malaysia's statutory skills development fund levying employers to finance training/upskilling programs. Directly comparable to Yayasan LTAT's LAKSAMANA, K2T, and PROWIRA skills pillars as both channel employer/CSR-linked funds into workforce training for targeted beneficiary populations.
• Yayasan Sime Darby: Sime Darby Plantation's corporate foundation runs education, community development, and welfare programs across Malaysia. Comparable to Yayasan LTAT in structure (corporate-affiliated foundation, multi-pillar portfolio, lifecycle beneficiary support) and funding model (tax-exempt CSR + corporate allocation).
• Yayasan Khazanah Nasional: Khazanah Nasional's CSR foundation runs large-scale scholarship and education programs for Malaysian students. Comparable to Yayasan LTAT's scholarship portfolio (IIUM Ummatic, UNIRAZAK Asasi, Kings University) as both administer multi-institution scholarship pipelines for high-potential Malaysian cohorts.
• Yayasan Peneraju Pendidikan Bumiputera: A Malaysian education foundation focused on professional certification and tertiary scholarships for Bumiputera students. Comparable to Yayasan LTAT's scholarship and skills programs as both administer professional certification and tertiary pathways funded by corporate allocations under similar tax-exempt frameworks.
• Yayasan Sukarelawan Siswa (YSS): National student volunteer foundation under Malaysia's Ministry of Higher Education. A direct partner of Yayasan LTAT (strategic partner recognition Feb 2026) operating structured youth development programs; comparable in mission and target demographic to LTAT's youth-facing programs.

Broad incumbents

• MARA (Majlis Amanah Rakyat): Malaysia's statutory Bumiputera development agency administering large-scale TVET and education programs (KKTM, IKM, MARA colleges). Comparable to Yayasan LTAT's TVET/scholarship arm as both channel public funding into technical education; MARA is a direct partner (50 TVET quotas annually) and an incumbent at far greater scale.
• PTPTN (Perbadanan Tabung Pendidikan Tinggi Nasional): Malaysia's national higher education fund corporation administering SSPN Prime savings, education loans, and scholarship programs. Directly comparable to Yayasan LTAT's Simpanan Pendidikan MADANI and university grant programs as both channel funds through SSPN Prime accounts to Malaysian students; PTPTN is a direct partner and an incumbent at national scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/yayasanltat/?locale=ms_MY
• LinkedInlinkedin.com/company/y-ltat
• Instagraminstagram.com/yayasanltat
• TikToktiktok.com/@yayasanltat_

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Yayasan Ltat