It was 1980. With ten thousand ringgit and a team seconded by PETRONAS' Personnel Department, we were tasked to start and sustain a cooperative that provides financial aid to its members. We knew it would be challenging, but we also saw an opportunity to touch and nurture many.
Some 30 years later, Koperasi Kakitangan PETRONAS Berhad (KOPETRO) is regarded as one of the top 10 cooperative among more than 12,000 cooperatives in Malaysia.
We have ventured into various industries from food & beverages to travel & tours to oil & gas to property to hospitality. From a team of eight, we now emply over 500 people with offices and operations around the country. Our annual turnover has grown from a few hundred thousand to almost half a billion. We have received numerous awards including the prestigious Anugerah Koperasi Cemerlang (Kluster Besar) and the Prime Minister's Quality Award.
Our members can now choose from various syariah-compliant financing solutions, designed with their needs and lifestyles in mind. Instead of just providing financial assistance in times of need, we also provide them avenue to sustain and grow their wealth as well.
Members benefit from KOPETRO's membership services and privileges, our staff from the employment, our customers from our offerings and our business partners from shared business opportunities. Creating ripples; touching people and communities around them.
Some of our subsidiries were nurtured from a small pilot project to become a multi-million business venture. Our catering service provider, for instance, started out with a small catering business and has grown into a well-respected, profitable catering service provider. On the other hand, some of our subsidiries, were strategically established to compete in selected industries.
Each of them is set to progress and prosper in various strategic industries namely food & beverages, travel & tours, oil & gas, property and hospitality.
Joint venture companies:
Aspires to be the leading cooperative in the country, the logo epitomizes a harmonious combination of strong and modern elements. The overall shape of the logo represents the breakdown of the underlying nature of the cooperative's business, which is protecting the interest of its members.
The new fresh outlook is also foreseen to be more fitting with the cooperative's image in the pursuit to drive the brand name forward towards further business expansion, striving for global recognition through collaborative effort and professionalism while always geared towards sustainable business growth parallel with the constantly changing global business environment.