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Undang-Undang Kecil Koperasi

Becoming a member of the co-op also makes you an owner. This usually includes getting to vote on major decisions, an opportunity to run for a board position, dividends, and access to information about the co-operative. However, being a member also comes with responsibilities, including financially supporting the co-op, participating in its governance, holding directors and staff accountable, and offering suggestions on how to improve the business.


Member
Members will enjoy discounts, cashback and referral incentive. To become a Kontras Member, scan your IC, register online at kontras.my/join and pay RM30.00 as a lifetime membership fee. As an appreciation from Kontras, you will receive a web-based Prayer Times App with CMS features worth RM5,000 that you can use it yourself or donate to your surau or mosque. However, to qualify your for a vote or run for the board, you will have to become a shareholder with a fully paid minimum Capital Share.


Shareholder
As a Kontas member, you can upgrade your membership to become a shareholder. A shareholder must buy at least 1 lot of Kontras share worth RM1,000. 1 lot of shares consists of 1,000 units of common shares priced at RM1 per unit. The share is known as Capital Share makes you an owner of the coop and give you a right to vote or run for the board.


Investor
Investment share (sometimes called a “preferred share”) means making a greater investment in the co-op and earning a greater return. These shares, however, don’t give you the ownership rights that membership shares do.  Investment shareholders are restricted to holding 20% of board seats, and must also become a member and a shareholder to gain these member rights.

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Undang-Undang Kecil

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