Royal Malaysian Police Cooperative Limited

Last updated

Koperasi Polis Diraja Malaysia Berhad
Founded24 April 1928;95 years ago (1928-04-24)
HeadquartersNo.1, Jalan Sulaiman, ,
Malaysia
Key people
Revenue
  • Decrease2.svg MYR 85 million (2021)
  • MYR 90 million (2020)
  • Steady2.svg MYR 51 million (2021)
  • MYR 5 million (2020)
Total assets
  • Decrease2.svg MYR 1.08 billion (2021)
  • MYR 1.13 billion (2020)
Website kpdrm.com.my

Royal Malaysian Police Cooperative Limited (Malay: Koperasi Polis Diraja Malaysia Berhad; abbreviated: KPD), located in Kuala Lumpur, Malaysia, was established on 24 April 1928 to help reduce financial burden in the police department staff by forming a cooperative to provide business borrowing and lending. [1] The conglomerate currently owns assets up to RM 720 million at book value.

Contents

Service

KPD provides the following financial services: [1]

KPD allows its members to withdraw 80% of their savings for special purposes, such as land and house purchases, house renovation, medical expenses and Mecca pilgrimage travel expenses.

Primary, secondary and higher education scholarships are awarded to members' children who demonstrate excellent academic potential. The scholarships may be used locally or abroad. As of June 2010, KPD has around 95,000 members. [2]

Subsidiaries

The corps has owned the subsidiaries include:-

List of chairpeople

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References

  1. 1 2 "Company Overview of Koperasi Polis DiRaja Malaysia Berhad". businessweek. 18 January 2013.
  2. Annual Report 2010