We'd be lying if we said there was no catch.
But before that, let us tell you a bit more about TLC.
To be true to our cause, 99.99% of our shares are held by PB Trustee Services Bhd in trust for charities under a Trust Deed signed between PB Trustee Services Bhd and The Truly Loving Company. It is a foolproof and legal way to back up what we say. As you can see from the chart below, all our dividends go directly to our Charity Partners.
Dear TLC Supporters & Friends,
The past two years have been very challenging for everyone due to the Covid 19 pandemic and the measures taken by the Government to deal with it. Although there have been signs of a cautious recovery in the second half of 2021, it remains to be seen whether consumer confidence will return in 2022.
TLC is the brainchild of its CEO, Julia Chong. Formerly the regional Managing Director for one of the world's largest household, health and personal care manufacturers, Julia's dream of establishing a philanthropic company based on a corporate profit model became a reality in July 2006. Teaming up with her co-director Khaw Chay Tee, TLC became the country's first socially responsible company to pledge 100% of the company's dividends to qualified registered charities.