Corporate BackgroundPan Malaysian Sweeps Sdn Bhd ("PMS") was incorporated in Malaysia on 4 July 1988 and commenced operations on 1 February 1989. It is a wholly-owned subsidiary of Usaha Tegas Sdn Bhd. The principal activities of PMS are distribution and promotion of sweepstake tickets under the brand name of "Big Sweep" and are governed by the Racing Club (Public Sweepstakes) Act 1965. PMS is registered for Service Tax (Service Tax No. W10-1808-31040020).Usaha Tegas Sdn Bhd is a private investment holding company incorporated in Malaysia. Its registered address office is at Level 39, Menara Maxis, Kuala Lumpur City Centre, 50088 Kuala Lumpur, Malaysia.Charitable InitiativesAll surpluses from Big Sweep will be donated to Yu Cai Foundation ("YCF"​), a charitable organisation dedicated to nurturing talent through education.YCF is a charitable initiative by Mr. Ananda Krishnan Tatparanandam and Usaha Tegas Group. YCF was officially launched on 28 January 2015.