About Us

Cooperatives have restructured, through mergers, acquisitions, joint ventures, and strategic alliances, to increase efficiencies to remain competitive in a changing business environment. Research evaluating cooperative restructuring has revealed that less than half of restructured businesses are financially successful. There is potential to significantly influence the future health of the cooperative business sector if, first, insights can be gained on factors considered by cooperative managers when making restructuring decisions and, second, advanced Personal Financing Activities programs can be tailored to meet greatest needs.

Its main advantage is that it exists and operates for the benefit of its patron members. At the same time, since the members are also owners, they have a financial interest in the success of the cooperative which drives them to provide full support and patronage. Datuk Ng Chee Siong (Chairman) and have a service facility bank that benefits the Cooperative and its members.

This advantage, which tends to tie customers to the organization by making them full partners, helps build a guaranteed business volume. This in turn favors efficient cooperative operations. A commercial business, on the other hand, has no claims on its customers except good will built through past service.