Commission picks co-ops that can delve into Bursa


“We just have to find ways to enable them to acquire shares in public listed companies on Bursa Malaysia... and can give returns to the co-operatives, ” .Wan Junaidi Tuanku Jaafar told reporters after attending an interactive session with co-operative representatives from the central zone in Sarawak yesterday.

SIBU: The Co-operative Commission of Malaysia (SKM) has identified several local co-operatives which have the ability to acquire shares in competitive and successful companies listed on Bursa Malaysia.

Entrepreneur Development and Cooperatives Minister Datuk Seri Wan Junaidi Tuanku Jaafar said cooperatives could lead in the acquisition of stakes in public listed companies, which could further increase their income.

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