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SKM denies giving guarantee, approval for investment in KAPB

Last update: 11/02/2019
KUALA LUMPUR, Feb 11 (Bernama) -- The Cooperative Commission of Malaysia (SKM) today denied it has given any guarantee or approval for the investment made by the public in Koperasi Amanah Pelaburan Bhd (KAPB) or any other cooperatives.

In a statement, SKM said it was aware of the action taken by KAPB to use Pos Malaysia to recruit new members as well as make investment in the cooperative.

The information on the investment in the form of brochures were distributed in Pos Malaysia offices at various locations.
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