HKN 2025 Records Over RM1 Mln In Sales – SKM

MELAKA, July 29 (Bernama) -- The National Cooperative Day (HKN) 2025 celebration, held over three days from Friday to Sunday, recorded sales amounting to RM1,099,862.55.

The Cooperative Commission of Malaysia (SKM) said the event, themed ‘Cooperatives Empowering Communities, Building a MADANI Nation’, also recorded potential sales of over RM21 million, reflecting a significant economic impact on the local cooperative ecosystem.

It said the celebration drew 58,114 visitors, surpassing the initial target of 50,000, demonstrating strong public support for government initiatives to promote cooperatives through community-focused programmes, particularly for the B40 group.

“The MyFutureJobs On The Go Programme attracted 655 participants, providing them direct access to employment opportunities in various sectors through partnerships with participating companies and enterprises,” SKM said in a statement here today.

The statement said Malaysia’s cooperative movement continues to grow steadily, with 16,284 cooperatives operating nationwide across various economic sectors. Membership now exceeds 7.2 million people, nearly one-fifth of the country’s population.

“This achievement is further supported by the sector’s total revenue of RM68.1 billion, reflecting public confidence of cooperatives as an inclusive and sustainable platform for economic development,” it said.

The statement also said that total cooperative sector assets have reached RM173 billion, supported by share capital and membership fees amounting to RM18.3 billion as of 2024.

-- BERNAMA