Malaysia Increases Team Event Medals Prize Money Under SHAKAM
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The Malaysian Ministry of Youth and Sports has increased the prize money for team event medals under the National Sports Achievement Award Scheme (SHAKAM). The gold medal prize has been raised from RM15,000 to RM40,000 per person, with silver and bronze medals also seeing significant increases. This decision comes after a 24-year review and aims to motivate athletes and recognize their achievements. The new rates will apply to athletes who have already won medals this year and will be the fixed rate for future competitions.
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