Latest news with #RM720
The Sun
17-07-2025
- Business
- The Sun
Perak grants RM720k to boost cooperative businesses in 2025
KUALA KANGSAR: The Perak government has approved RM720,000 in financial aid for cooperatives under the GKOP Urus and GKOP Pulih assistance schemes. The grants aim to strengthen cooperative businesses and revive inactive operations. State Women, Family, Social Welfare, Cooperatives, and Entrepreneur Development Committee chairman Datuk Salbiah Mohamed said the funding would help cooperatives generate income through sustainable ventures. 'GKOP Urus supports new cooperatives with up to RM5,000, while GKOP Pulih offers up to RM30,000 for reviving inactive cooperatives,' she explained. Salbiah highlighted the success of the initiative since its launch last year, noting its role in reinforcing cooperative growth. She spoke at the Sejati MADANI Impian Jadi Realiti Wilayah Programme, part of National Cooperative Month 2025, organised by the Malaysia Co-operative Societies Commission Perak Branch. The event also encouraged Village Development and Security Committee (JPKK) members to form cooperatives using federal allocations. 'Cooperatives provide a structured way to manage businesses, improve livelihoods, and uplift socio-economic conditions,' she added. - Bernama
Barnama
17-07-2025
- Business
- Barnama
Perak Allocates RM720,000 In Grants To Empower Cooperatives
KUALA KANGSAR, July 17 (Bernama) -- The Perak government has allocated RM720,000 to assist cooperatives in the state through the GKOP Urus and GKOP Pulih assistance grants. State Women, Family, Social Welfare, Cooperatives and Entrepreneur Development Committee chairman Datuk Salbiah Mohamed said the initiative could help cooperatives increase their income through business activities. She said the GKOP Urus assisted cooperatives in their early business ventures with grants of up to RM5,000, while the GKOP Pulih provided up to RM30,000 for cooperatives seeking to revive operations and return to active status. 'This form of assistance, which was introduced last year, has greatly helped strengthen cooperatives in the state,' she said. She said this when met by reporters after attending the Sejati MADANI Impian Jadi Realiti Wilayah Programme held in conjunction with National Cooperative Month 2025, organised by the Malaysia Co-operative Societies Commission Perak Branch, here today. On the programme, Salbiah said it was held to encourage members of the Village Development and Security Committee (JPKK) to establish cooperatives as a platform to manage business activities using the RM100,000 allocation received from the federal government. She said the establishment of cooperatives served as a management mechanism that empowered them to carry out business activities with the potential to generate income and improve the socio-economic status of the community and their members. 'The formation of cooperatives by the JPKK indirectly offers opportunities for members to take part in their management and benefit economically from cooperative activities,' she added. -- BERNAMA
Borneo Post
28-06-2025
- Business
- Borneo Post
Over RM1 million in MRP, Unifor grants disbursed for Opar's development
Billy (third right) presents a grant cheque to a recipient at the Opar Constituency Service Centre in Lundu. — Ukas photo KUCHING (June 28): A total of 49 Minor Rural Project (MRP) grant cheques and five grants from the Unit for Other Religions (Unifor), amounting to over RM1 million, were presented during the Unifor and MRP grant presentation ceremony for the Opar state constituency, held in Lundu yesterday. According to a report by the Sarawak Public Communications Unit (Ukas), the cheques were officially handed over by Opar assemblyman Billy Sujang to representatives of the respective recipient organisations. The report stated that the MRP grants disbursed totalled RM405,600, benefitting associations, non-governmental organisations (NGOs), and KEMAS kindergartens within the Mas Gading parliamentary area. In addition, Billy also presented Unifor grants amounting RM720,000 to five religious institutions of various denominations operating within the Opar state constituency. The recipients of the Unifor grants included Persatuan Penganut Apostolik Kuching, Kampung Sebako; St Jacob's Chapel, Kampung Temaga Dayak; St George's Church, Kampung Bokah; St Jude's Church, Kampung Stom Muda; and Rumah Adat Kampung Semapu. 'The handing over of these grants is part of the state government's ongoing efforts to ensure that community development and public facilities are implemented in a comprehensive and inclusive manner, regardless of religious or ethnic background,' Billy emphasised. Also present at the ceremony were community leaders Pemanca Allen Manium Enggang and Penghulu Wang Ering, along with other invited guests. Billy Sujang lead MRP grant Opar Unifor
Barnama
17-05-2025
- Business
- Barnama
Trader Loses RM720,800 In Online investment Scam
JOHOR BAHRU, May 17 (Bernama) -- A 58-year-old trader lost RM720,800 after falling victim to an online investment scam linked to a Facebook advertisement. Seri Alam deputy police chief Supt Victor Genason said the syndicate promised a 50 per cent return within three months, prompting the victim to make 15 transactions totaling RM730,500 to four different bank accounts between March 25 and May 9. The victim was later instructed to make additional payments to access his returns, but only received RM9,700 before realising he had been duped when further attempts to recover the money failed.
The Star
17-05-2025
- The Star
Trader loses over RM720,000 in online investment scam
JOHOR BAHRU: A 58-year-old trader lost RM720,800 after falling victim to an online investment scam linked to a Facebook advertisement. Seri Alam deputy police chief Supt Victor Genason said the syndicate promised a 50 per cent return within three months, prompting the victim to make 15 transactions totaling RM730,500 to four different bank accounts between March 25 and May 9. The victim was later instructed to make additional payments to access his returns, but only received RM9,700 before realising he had been duped when further attempts to recover the money failed. He said investigations revealed that three of the four accounts used in the scam had been flagged in 20 previous police reports involving similar investment fraud. Victor said the case is being investigated under Section 420 of the Penal Code, and urged the public to be wary of online schemes offering high returns and to verify investment offers with legitimate authorities. - Bernama
