FOR OUR CO-OP
Co-operative was awarded a 4-star ranking out of a maximum of 5 by
Suruhanjaya Koperasi Malaysia (SKM). This was revealed in the findings
released by the SKM after an in-depth examination it carried out on our
A team consisting of four
officers from the Kuala Lumpur Head office of SKM was at our Co-op from
9.00 a.m. to 5.00 p.m. daily for more than two weeks commencing from 15
June 2009 to 2 July, 2009 to carry out a thorough and intensive “Due
Diligence Examination” of our Co-op.
The aim of the examination is to
evaluate the over-all performance of the Co-op and its financial status.
The ranking of the Co-op is
determined by assessment of the following six components: