Saturday, July 21, 2012

42 Sabah Cooperatives Generate RM7.9 Million In Turnover

Source from (Bernama): http://www.bernama.com/bernama/v6/newsbusiness.php?id=682152

Published: July 21, 2012

KOTA KINABALU, July 20 (Bernama) -- A total of 42 cooperatives in Sabah that participated in the Retail Shop Transformation Project (TUKAR) have managed to generate a turnover of RM7.9 million in the first six months of this year.

Deputy Chief Minister, Datuk Seri Yahya Hussin, said two cooperatives, which acted as distribution centres, posted a turnover of RM275,000 for March-June, 2012.

Yahya, who is also State Agriculture and Food Industry Minister, said four cooperatives, which functioned as small distribution centres, recorded a turnover of close to RM115,000 during the same period.

"The TUKAR programme, distribution and small distribution centres have helped the small cooperatives in the rural areas of the state to increase their turnover," he said after chairing Sabah Cooperatives Consultative Council meeting here Friday.

Also present were Deputy State Secretary Datuk Maznah Ghani and Cooperative Commission of Malaysia's (SKM) Sabah director, Umar Sarim Saidin.

-- BERNAMA

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