PHILANTHROPIC VENTURE: DERIV DRIVES SOCIAL CHANGE VIA 4L TROPHY RALLY SPONSORSHIP

KUALA LUMPUR, June 22 (Bernama) -- Deriv, one of the leading online brokers, has sponsored a team of two young professionals who successfully completed the 4L Trophy rally, an annual humanitarian car rally that raises funds for the cause of underprivileged children in Africa, earlier this year.

Deriv founder and chief executive officer, Jean-Yves Sireau said the company's participation in the 4L Trophy rally is a testament to its commitment to making a positive impact on the communities it serves.

“We believe in supporting causes that empower individuals and communities to thrive, and education is a critical component of that.

“Through our philanthropic efforts, we hope to inspire other organisations to do their part in making the world a better place,” added Sireau in a statement.

The 4L Trophy rally started in France and ended in Morocco, covering a 6,000 kilometre (km) journey over 10 days, requiring participants to drive through challenging terrain, navigating their way through various checkpoints.

A long journey for a noble cause to deliver stationery and textbooks for underprivileged children along the way.

The rally is just one example of Deriv's involvement in humanitarian initiatives. Earlier this year, the company had also donated 11 boxes of clothes to Fundacion Unidos por Cristo (Asunción, Paraguay), a residential home that provides comprehensive care to children and adolescents at risk.

Deriv has been actively participating in humanitarian efforts that are aligned with its core values of being reliable, fair, transparent and responsible.

-- BERNAMA