On behalf of the Board, I'm very pleased to announce that we are on
course to post an unaudited profit of over RM2 Million (12 months) as compared to RM2,036
Million (15 months) the
previous year. This represents a historic surge in profits. This is a
Yes, this is a stellar performance. A very
impressive performance, very much due to the "Team P.T.C.S." (Penang
Teachers' Co-op Society) Spirit of Board Members, Manager and Staff and
most importantly our loyal and supportive members.
Yes, we have delivered on what we set out to do.
We have answered your call for higher returns on your savings.
We would like to share this momentous achievement
with all of you as we couldn't have done it without you.
4.8% Bonus Share -
Sale of D'Piazza Mall
Another piece of good news - approval has been received from SKM
(Suruhanjaya Koperasi Malaysia) to disburse the 4.8% capital gain
from the sale of our property, D'Piazza Mall. The bonus share due to
you has been credited into your designated bank account registered with
For those who have yet to register your bank
account for withdrawal of dividend/bonus share with us and wish to make
withdrawal of the bonus share, please do so on or before 25 April 2014
as there will be a final round of withdrawal allowed at the end of
April 2014. Please take note that NO
CHEQUE WITHDRAWAL FOR DIVIDEND/BONUS WILL BE ALLOWED EFFECTIVE FROM THE
Oil Palm Planter's
Scheme - Have you Invested?
On conclusion of a successful investment seminar held on 22nd February,
2014, some members have invested RM452,216.00 in the above scheme. What
about you? It's not too late as it's still open.
This scheme is a secure and attractive venture as
your capital outlay is returned at the end of the 8th year. Loans will
be made available to members who are interested in investing in this
scheme. Contact the office for more details.