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HISTORY



PURCHASE OF LAND









PURCHASE OF LAND



Koperasi had negotiated with N.T.S Arumugam Pillai and managed to purchase some of the 1,007 acres of land as a result of strong support from UMNO Balik Pulau and individuals.


Strong support was also obtained from Deputy Prime Minister at that time (Tun Abdul Razak Hussain), at a price of RM2,156,000.00 through a loan of RM1,000,000.00 and Penang State Government a total of RM1,100,000.00 respectively.


The remaining amount of RM56,000.00 had to be provided by Koperasi itself within two (2) weeks of period.




At that time, this is not an easy task to obtain such a big amount at short duration because most of the members were from low-income group. Some of them were not confident with cooperative and this makes KTMSAB faced difficulties to get contributions from the residents.


Finally, KTMSAB was thankful because they managed to accumulate the amount required for land purchase.



KOPERASI TUNAS MUDA SG. ARA BERHAD


CALL TODAY: 604 - 643 8515 FAX : 604 -6437507
Email : mail@tunasmuda.com.my

No.126, Jalan Dato' Ismail Hashim, Taman Tunas Muda Sungai Ara,
11900 Bayan Lepas, Pulau Pinang
MALAYSIA