Did SKM find brochures at Pos Malaysia offices?

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SKM Discovered KAPB Investment Brochures at Pos Malaysia Outlets

The Cooperative Commission of Malaysia (SKM) confirmed the discovery of brochures pertaining to Koperasi Amanah Pelaburan Bhd (KAPB) during inspections at Pos Malaysia offices. These brochures were found during checks conducted on February 1, 2019, at a Pos Malaysia outlet within Tesco Kajang and another in Klang. The materials were related to KAPB's activities in recruiting new members and soliciting investments.
Discovery During Routine Checks

SKM officials encountered the KAPB brochures during checks carried out at specific Pos Malaysia locations. The inspections took place on February 1, 2019, at the Pos Malaysia office situated in Tesco Kajang and the Pos Malaysia office in Klang. These brochures were part of KAPB's efforts to expand its membership and attract funds.
Content of the Brochures

The brochures found at the Pos Malaysia offices were specifically related to Koperasi Amanah Pelaburan Bhd. Their purpose was to inform the public about KAPB and to encourage individuals to join the cooperative and make investments. This indicates an active recruitment and investment solicitation drive by KAPB through these distributed materials.
SKM's Stance on Investment Guarantees

Following the discovery, SKM issued a statement to clarify its position. The commission explicitly denied providing any guarantee or approval for public investments in KAPB or any other cooperative. This denial aimed to address potential public misperceptions arising from the presence of KAPB materials in public service locations.

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Did SKM find brochures at Pos Malaysia offices?

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