KOPEKS’ Successful Business Ventures

The cooperative movement must boldly undertake business transformation by diversifying income sources and venturing into new sectors. Chief Minister Datuk Seri Panglima Haji Hajiji Haji Noor said that cooperatives can no longer rely on traditional business models but must continue to innovate to remain competitive, sustain growth, penetrate new markets, meet the needs of members and customers, and capitalise on emerging economic opportunities.

“The cooperative movement will remain relevant and continue to be an important contributor to the State’s development," Hajiji said at the 49th Annual General Meeting of the Sabah Government Employees Cooperative Berhad (Koperasi Pekerja-Pekerja Kerajaan Sabah Berhad or KOPEKS) and launching of the Kinabalu Media community newspaper on 18 June 2026 at the Sabah International Convention Centre (SICC), Kota Kinabalu.

“Print publications still play an important role in providing more in-depth reporting, quality analysis and documentation of various current issues. The State Government views the media as a strategic partner to develop the State and to strengthen unity, including to advance the Sabah Maju Jaya (SMJ) 2.0 roadmap.” KOPEKS has evolved from a credit business entity, and it now provides Ar-Rahnu services, healthcare, dialysis centres, housing projects, import and export activities, and community newspaper publishing.

KOPEKS’ investment has been successful over the years such as its healthcare portfolio which includes the acquisition of several private clinics. KOPEKS plans to establish a dialysis centre to cater for the increasing demand for haemodialysis services and to complement the services at public hospitals. KOPEKS has also invested in import and export activities, particularly with Brunei Darussalam. Over the past 20 years, KOPEKS has paid dividends to its members and for the financial year 2025, it has maintained a sound financial position.