Entrepreneur Development and Cooperatives Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said the moratorium KPP 3.0 facility under TMPSKM funding offers a loan repayment grace period of three months, starting June 1 until Aug 31,2021.
KUALA LUMPUR: The Cooperative Commission of Malaysia (SKM) is offering a moratorium (moratorium KPP 3.0) via its Revolving Capital Fund (TMPSKM) to help alleviate the financial burden of cooperatives affected by the movement control order.
In a statement, the Entrepreneur Development and Cooperatives Ministry said 1,056 cooperatives nationwide stand to benefit from the moratorium facility.
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