Personal Loan Koperasi Shamelin Berhad

Get Personal Loan Koperasi Shamelin Berhad KSB, Tabung Skim Khairat Kematian, Tabung Pendidikan and Kebajikan now and high annual dividend with Koperasi Shamelin Berhad, or better known as SHAMELIN, is a registered cooperative established on 13 April 1971 with the aim of enhancing the economic interests of its members in accordance with the principles of cooperatives.

As of December 2012, has 22,424 members with accumulated shares of RM9,835,153.55.

Since its inception, Koperasi KSB has gone through some bitter experiences in trying to find and consolidate economic activities that can realize the purpose of the establishment.

Among some of the most prominent business ventures of the 70s was the effort to set up a nationwide chain of grocery stores, but it was less successful.

In the early 80s, Koperasi KSB managed to acquire a 135-acre plot of land in Cheras, Kuala Lumpur to be developed as a park containing residential, commercial and manufacturing buildings, known as Taman Shamelin Perkasa. The success of acquiring this land has given the opportunity to leap far into the mainstream of the country’s economic activities at that time.

In the early stages, the cooperative managed to run the business of developing this property well, but in the mid -80s, it began to face problems and subsequently the development project was abandoned.

As a result, other businesses he ventured into also faced problems and was on the verge of bankruptcy.