SKM approves RM85.9mil funding for large-scale cooperative projects

SEREMBAN: The Malaysian Cooperative Societies Commission (SKM) has approved Revolving Capital Fund (TMP) financing amounting to RM85.9mil for cooperatives engaged in large-scale projects as of April. Deputy Entrepreneur Development and Cooperatives Minister Datuk R. Ramanan said that the initiative was established to assist and facilitate cooperatives in securing funds for implementing viable projects. "This includes Collateral Financing...