Ministry Acts On Traders Who Hold Cheap Sale Without Permit

KUALA LUMPUR, July 12 Bernama -- The Domestic Trade, Cooperative and Consumerism Ministry recorded 505 cases of trade offences involving a goods seizure totaling RM769,856 between January and July this year.

Its minister Datuk Seri Hasan Malek said the offences included holding cheap sales without a permit, selling imitation goods, and failure to display price tags.

"Traders who want to hold cheap sale must abide by the Trade Description (Cheap Sale Price) Regulations 1997.

"They have to send a notice to the ministry, 14 days before the sale, to obtain the permit," he told reporters after visiting the Ramadan bazaar at Jalan Tuanku Abdul Rahman Saturday.

Hasan said the ministry received 5,363 notices for cheap sale from traders nationwide between January and July. The figure covered applications for three main cheap sale events, which are the GP Malaysia Sale, Malaysia Mega Sale Carnival and Malaysia Year End Sale.

According to him, the ministry received 1,854 notices for the mega sale carnival which started from June 28 until Sept 1.

"The number of cheap sales that can be held in a year is eight times, three of which are set by the government and five, by the traders themselves," he explained.

Meanwhile, the ministry's secretary general Datuk Seri Alias Ahmad said the ministry would conduct investigations into the alleged involvement of a local company with a direct sales company called YSLM that had been confirmed to be illegal.

He warned that the ministry would not hesitate to terminate the license of any company found to be linked to YSLM, which had not registered with the Companies Commission of Malaysia.


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