Royal Malaysian Police Cooperative Limited or Koperasi Polis Diraja Malaysia Berhad (KPD), located in Kuala Lumpur, Malaysia, was established on 24 April 1928 to help reduce financial burden in the police department staff by forming a cooperative to provide business borrowing and lending. The conglomerate currently owns assets up to RM 720 million at book value.
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Service
KPD provides the following financial services:
KPD allows its members to withdraw 80% of their savings for special purposes, such as land and house purchases, house renovation, medical expenses and Mecca pilgrimage travel expenses.
Primary, secondary and higher education scholarships are awarded to members' children who demonstrate excellent academic potential. The scholarships may be used locally or abroad. As of June 2010, KPD has around 95,000 members.
Corporate mission
Although The Royal Malaysian Police Co-operative Society Limited (KPD) is chartered as a co-operative society, in essence KPD is a growth oriented asset management company dedicated to servicing the economic interests of its members and the country through obtaining consistently high returns on its investment and businesses. KPD is also committed to high standards of integrity, prudence and business competency.
Commitment to corporate communications
Subsidiaries
The corps has owned the subsidiaries include:-