Medac allocates RM230mil for new products

Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar (pic) said a total of 14,629 cooperatives with a membership of almost 6.5 million people would benefit from the implementation of these new products.

PETALING JAYA: The Entrepreneur Development and Cooperatives Ministry (Medac), through the Cooperative Commission of Malaysia (SKM), has allocated RM230mil for the implementation of new products under the Revolving Capital Fund of SKM (TMPSKM).

Its Minister Datuk Seri Dr Wan Junaidi Tuanku Jaafar said a total of 14,629 cooperatives with a membership of almost 6.5 million people would benefit from the implementation of these new products.