KOTA MARUDU, March 26 — Entrepreneur Development and Cooperatives Minister Datuk Ewon Benedick is urging every cooperative in the country, in particular, Sabah, to be involved in franchising.
“Interested cooperatives can contact the ministry or Pernas to find out more about financing facilities available,” he told reporters after officiating the Kota Marudu Mart Koperasi Usahaniaga Berhad Small and Medium Industries product centre here today. He said a total of RM16.99 billion in share capital and membership fees were recorded by the cooperatives, with total assets accumulated amounting to RM159.9 billion.
Meanwhile, he said a total of 62 entrepreneurs have joined the Business in Transformation programme to work on various products and over 400 entrepreneurs have registered under their respective products.