KOPEKS CATAT KEUNTUNGAN SEBELUM CUKAI RM4.2 JUTA

27th September, 2010 New Sabah Times

KOTA KINABALU: Koperasi Pekerja-Pekerja Kerajaan Sabah Berhad (Kopeks) mencatatkan keuntungan sebelum cukai RM4. 2 juta pada tahun kewangan berakhir 31 Disember tahun lalu dan me- rupakan keuntungan yang tertinggi dicapai koperasi itu sejak lebih 15 tahun lalu.

Pengerusi Kopeks, Datuk Maznah Abdul Ghani berkata, keuntungan yang diperolehi tahun lalu itu meningkat dua kali ganda iaitu 204.73 peratus daripada RM1.3 juta yang dicapai pada tahun 2008.

Menurutnya, Kopeks juga mencatat peningkatan hasil pendapatan 73.40 peratus iaitu dari RM6.2 juta pada tahun 2008 kepada RM10.7 juta tahun lalu.

Beliau berkata demikian ketika berucap pada mesyuarat Agung Tahunan Kopeks ke-35 yang diadakan di Dewan Serbaguna Kompleks Sukan di sini, kelmarin.

Pengerusi Eksekutif Suruhanjaya Koperasi Malaysia (SKM), Datuk Mangsor Saad merasmikan mesyuarat Agung Tahunan koperasi itu.

Beliau berkata, meskipun kemerosotan ekonomi dunia tahun lalu yang turut melanda negara ini belum pulih sepenuhnya, namun ekonomi Kopeks pada keseluruhannya tidak terjejas sama sekali.

Ini kerana, katanya, urusan perniagaan koperasi itu masih terbatas kepada urusan perniagaan koperasi itu masih terbatas kepada urusan perniagaan dalam negeri sahaja dan tidak membuat pelaburan luaran.

Menurutnya, peningkatan yang ketara itu berlaku disebabkan sokongan para anggota koperasi yang telah menggunakan kemudahan pinjaman yang mana telah mencatatkan peningkatan 195 peratus dalam pengeluaran pinjaman iaitu dari RM24.4 juta kepada RM47.6 juta pada tahun lalu.

Pada masa yang sama kata- nya, belanja operasi juga dapat dikawal secara berhemah dan peningkatan kos berlaku dalam kos berubah untuk modal kerja pembiayaan atau faedah bank sahaja.

Sementara itu, katanya, prestasi kutipan pinjaman juga memuaskan di mana kadar pinjaman tidak berbayar (NPL) hanya sebanyak 0.83 peratus.

Maznah berkata, berdasar- kan prestasi yang baik pada tahun lalu itu, pihak Anggota Lembaga koperasi itu telah mencadangkan pengagihan dividen sebanyak tujuh peratus iaitu lima peratus atas saham dan dua peratus atas yuran.

Bagaimanapun katanya, ca- dangan itu tertakluk kepada kelulusan Mesyuarat Agung dan pihak berkuasa iaitu Suruhanjaya Koperasi Malaysia (SKM).

Beliau juga berkata, pada Mac lalu berasaskan Akaun tahun 2008, buat pertama kali- nya dalam tempoh 10 tahun Kopeks telah mengagihkan pembayaran bonus iaitu sebagai ganti kepada dividen kepada para anggotanya.

“Bayaran bonus diagihkan sebagai ‘bonus anggota setia’ atas nasihat Suruhanjaya Koperasi Malaysia, kerana dividen tidak boleh dibayar disebabkan adanya kerugian terkumpul yang dialami oleh koperasi sejak tahun 2000 yang lalu.

 

KOPEKS SALARY DEDUCTION FOR LOANS RAISED TO 60pc

September 27, 2010,  Daily Express

Kota Kinabalu: Chief Minister Datuk Seri Musa Aman has approved Kopeks' application to increase the salary deduction limit on loans for State Government staff.

Sabah Government Employees Co-operative Society Bhd (Kopeks) Chairperson Datuk Maznah Abdul Ghani said the salary deduction limit is increased from 50 per cent to 60 per cent which is the same as the salary deduction limit permitted for federal staff. The net pay, however, should not be less than RM700 per month.

She also said Kopeks recorded a 73.4 per cent increase in revenue last year.

Earnings rose from over RM6.19 million in 2008 to more than RM10.74 million in 2009 while its profits before tax also doubled to RM4.19 million last year compared to only RM1.37 million in 2008.

"This conspicuous increase happened because members who used the loan service recorded an increase of 195 per cent from RM24.44 million to RM47.62 million last year.

"Loan collection performance is satisfactory and the non performing loan rate was 0.83 per cent," she said at the annual meeting at Likas Sports Complex Multipurpose Hall, Sunday.

Based on the 2009 performance, she said the Board Members proposed a dividend distribution of seven per cent, that is five per cent on share and two per cent on fee.

"However, this suggestion is subject to the approval of Annual General Meeting (AGM) and Malaysian Co-operative Commission (SKM)."

Maznah also said that this year, Kopeks received several funds to accommodate member's loans from SKM through Round Modal Fund amounting to between RM5 million and RM1.7 million.

"Another loan was from Sabah Development Bank amounting to RM20 million which is now in the process of documentation and final endorsement from SKM.

"We are also discussing with other funding agencies to negotiate round modal as Kopeks member's loans for 2010 until 2012," she said.

Maznah said the main Kopeks challenge is the lack of working capital.

"At the moment, we are using outside funding measures as an average-term growth strategy. However for a long-term growth strategy and for a more effective transformation, the support from all members is very vital.

"We hope each Kopeks member will increase their total share investment respectively from a RM100 minimum to RM1, 000 this year.

A higher additional is very much encouraged before we can determine a maximum share limit for each member later on.

"With the new share injection, we hope to increase the amount of Kopeks share from RM3 million now to RM15 million in 24 months.

"The additional amount in share is important as it can expand the internal working capital modal which in the long-term can help to reduce loan cost and members could enjoy the return of dividend from the profits which is estimated to increase."

Meanwhile, Sabri Sidah, Abdullah Sani Daud, Saturah Jamrah @ Masturah, Mat Salleh @ Awang Sapong and Tujuh Nalin received amount of votes that enable them to stay as Kopeks Board Director for 2010/2011 session.