Malaysia has 14,975 registered cooperatives with combined income of RM22.4bil


KOTA KINABALU: There are 14,975 cooperatives in the country which generate a combined income of RM22.4bil, says Ewon Benedick.

The Entrepreneur Development and Cooperatives Minister said with a total membership of over seven million, the contributions of the cooperatives movement through the collection of share capital and fees, was as much as RM16.5bil with asset generation amounting to RM156.2bil.

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