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.
Thirteen years ago, I left the corporate world to pursue and fulfil my dream of helping the less fortunate by launching a household cleaning brand – TLC. The idea was for everyone to support Charities as they go about their daily household chores, with 100% of TLC’s dividends being given to Charities.
Who would have thought that cleaning your dishes, mopping your floors, washing your laundry could help to benefit over 40 Charities and raise directly and indirectly over RM1.8 million for them. This is what TLC has achieved over the past 13 years. Awesome!!
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.