{"id":4712,"date":"2022-12-30T00:25:23","date_gmt":"2022-12-29T16:25:23","guid":{"rendered":"https:\/\/kongsi.coop\/?page_id=4712"},"modified":"2024-11-06T18:01:48","modified_gmt":"2024-11-06T10:01:48","slug":"frequently-asked-question","status":"publish","type":"page","link":"https:\/\/kongsi.coop\/connect\/co-ownership\/frequently-asked-question\/","title":{"rendered":"Frequently Asked Question"},"content":{"rendered":"

[et_pb_section fb_built=”1″ custom_padding_last_edited=”on|phone” _builder_version=”4.19.4″ _module_preset=”default” background_color=”gcid-f5e5911f-864f-4cd3-ae22-d0240d9f8bf2″ background_image=”https:\/\/kongsi.coop\/wp-content\/uploads\/2022\/12\/Kongsi-Background-01-Gold.svg” parallax=”on” custom_padding=”80px||70px||false|false” custom_padding_tablet=”80px||30px||false|false” custom_padding_phone=”30px||30px||false|false” locked=”off” global_colors_info=”{%22gcid-f5e5911f-864f-4cd3-ae22-d0240d9f8bf2%22:%91%22background_color%22%93}”][et_pb_row _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.19.4″ _module_preset=”default” header_font=”|700|||||||” header_text_align=”center” header_text_color=”#FFFFFF” header_font_size=”75px” header_line_height=”1.2em” custom_margin_tablet=”||10px||false|false” custom_margin_phone=”” custom_margin_last_edited=”on|phone” header_font_size_tablet=”55px” header_font_size_phone=”35px” header_font_size_last_edited=”on|desktop” global_colors_info=”{}”]<\/p>\n

Frequently Asked Questions<\/h1>\n

[\/et_pb_text][dipi_breadcrumbs bc_separator_icon=”5||divi||400″ bc_items_alignment=”dipi-bc-center” bc_separator_color=”RGBA(255,255,255,0.5)” bc_active_item_color=”rgba(255,255,255,0.15)” bc_active_item_padding=”2px|13px|2px|13px|true|true” _builder_version=”4.18.0″ _module_preset=”default” items_text_color=”rgba(255,255,255,0.5)” hover_text_color=”#FFFFFF” active_text_color=”#FFFFFF” border_radii_active=”on|50px|50px|50px|50px” global_colors_info=”{}” hover_text_color__hover_enabled=”off|desktop”][\/dipi_breadcrumbs][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_row make_equal=”on” _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” custom_padding_tablet=”||50px||false|false” custom_padding_phone=”||50px||false|false” custom_padding_last_edited=”on|tablet” custom_css_main_element=”margin: auto;” global_colors_info=”{}”][et_pb_text _builder_version=”4.19.4″ _module_preset=”default” text_font=”|||on|||||” text_text_color=”gcid-f5e5911f-864f-4cd3-ae22-d0240d9f8bf2″ text_font_size=”13px” text_letter_spacing=”3px” text_orientation=”center” custom_margin=”||20px||false|false” locked=”off” global_colors_info=”{%22gcid-f5e5911f-864f-4cd3-ae22-d0240d9f8bf2%22:%91%22text_text_color%22%93}”]<\/p>\n

FAQs<\/p>\n

[\/et_pb_text][et_pb_text _builder_version=”4.19.4″ _module_preset=”default” header_2_font=”|800|||||||” header_2_font_size=”40px” header_2_line_height=”1.2em” text_orientation=”center” custom_margin=”||15px||false|false” header_2_font_size_tablet=”40px” header_2_font_size_phone=”30px” header_2_font_size_last_edited=”on|phone” locked=”off” global_colors_info=”{}”]<\/p>\n

About Kongsi Co-op<\/h2>\n

[\/et_pb_text][et_pb_accordion _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}” body_link_text_color__hover_enabled=”on|hover” body_link_text_color__hover=”#C29230″][et_pb_accordion_item title=”Q1: What is Kongsi Co-op?” open=”on” _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

Koperasi Kongsi Selangor Berhad (\u201cKongsi Co-op\u201d) is a cooperative organisation initiated by a group of ordinary people in reflection and in response to the current social issues experienced. We are enthusiastic to co-create a sustainable way of living by connecting our communities and co-exist with nature in a harmonious way.<\/p>\n

Our 7 foundations for sustainable living:<\/p>\n

    \n
  1. Earth-friendly, organic and biodynamic food.<\/li>\n
  2. Products and services friendly to the people and environment.<\/li>\n
  3. A green consumption model with minimal wastage of resources.<\/li>\n
  4. Doing business without exploiting others and nature<\/li>\n
  5. Support local small-scale farmers and artisans.<\/li>\n
  6. Provide diverse and holistic education in human development.<\/li>\n
  7. Create a sustainable community with associative economics.<\/li>\n<\/ol>\n

    [\/et_pb_accordion_item][et_pb_accordion_item title=”Q2: What is the vision and mission of Kongsi Co-op?” _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}” open=”off”]<\/p>\n

    Kongsi Co-op\u2019s Vision and Mission are:<\/p>\n

    Vision<\/strong><\/span><\/p>\n

    Kongsi Co-op connects people, soil, and nature to co-create a harmonious ecosystem.<\/p>\n

    Mission<\/u>\u00a0<\/strong><\/p>\n

      \n
    1. To Co-create<\/strong> a platform with the local community to support farmers and producers.<\/li>\n
    2. To Connect<\/strong> people with resources – to revive and grow the local economy, especially in rural areas.<\/li>\n
    3. To Collaborate<\/strong> with producers and consumers to produce and support organic, biodynamic foods or Earth-friendly products.<\/li>\n
    4. To support the Community <\/strong>to become culturally, environmentally, and economically sustainable through education and community services.<\/li>\n<\/ol>\n

      [\/et_pb_accordion_item][\/et_pb_accordion][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.17.3″ _module_preset=”default” background_color=”#F5F5F5″ global_colors_info=”{}”][et_pb_row _builder_version=”4.17.3″ _module_preset=”default” custom_padding=”||0px||false|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.19.4″ _module_preset=”default” text_font=”|||on|||||” text_text_color=”gcid-f5e5911f-864f-4cd3-ae22-d0240d9f8bf2″ text_font_size=”13px” text_letter_spacing=”3px” text_orientation=”center” custom_margin=”||20px||false|false” locked=”off” global_colors_info=”{%22gcid-f5e5911f-864f-4cd3-ae22-d0240d9f8bf2%22:%91%22text_text_color%22%93}”]<\/p>\n

      FAQs<\/p>\n

      [\/et_pb_text][et_pb_text _builder_version=”4.19.4″ _module_preset=”default” header_2_font=”|800|||||||” header_2_text_align=”center” header_2_font_size=”40px” header_2_line_height=”1.2em” width=”550px” width_tablet=”100%” width_phone=”100%” width_last_edited=”on|phone” module_alignment=”center” custom_margin=”||15px||false|false” header_2_font_size_tablet=”40px” header_2_font_size_phone=”30px” header_2_font_size_last_edited=”on|phone” locked=”off” global_colors_info=”{}”]<\/p>\n

      About Co-ownership<\/h2>\n

      [\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row use_custom_gutter=”on” gutter_width=”2″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_accordion _builder_version=”4.20.0″ _module_preset=”default” global_colors_info=”{}” body_link_text_color__hover_enabled=”on|hover” body_link_text_color__hover=”#C29230″][et_pb_accordion_item title=”Q1: Who are the co-owners of Kongsi Co-op?” open=”off” _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

      In accordance with Kongsi Co-op\u2019s By-laws, the Co-owner is a registered member of Kongsi Co-op. <\/p>\n

      [\/et_pb_accordion_item][et_pb_accordion_item title=”Q2: What are the roles and responsibilities as Co-owner?” _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}” open=”off”]<\/p>\n

      The co-owners are the foundation of Kongsi Co-op. Their need for a sustainable way of living in creating the circular economy by connecting people, soil, and nature are one of the main reasons for Kongsi Co-op\u2019s existence.<\/p>\n

      The co-owners have general responsibilities toward Kongsi Co-op. Unlike the passive investor in a general business corporation, the co-owners are the main patrons of Kongsi Co-op and guide the Co-op for it to succeed.<\/p>\n

      To know more, please attend our Kongsi Co-op Green Carpet.<\/p>\n

      [\/et_pb_accordion_item][et_pb_accordion_item title=”Q3: Who is eligible to be Kongsi Co-op co-owner?” _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}” open=”off”]<\/p>\n

      Malaysians who have reached 18 years old and reside in Wilayah Persekutuan Kuala Lumpur and Selangor.<\/p>\n

      [\/et_pb_accordion_item][et_pb_accordion_item title=”Q4: How can I become a Kongsi Co-op co-owner?” _builder_version=”4.20.0″ _module_preset=”default” global_colors_info=”{}” open=”on”]<\/p>\n

      You will go through a series of activities before becoming a co-owner. Please go through the following step to become a co-owner.<\/p>\n

      Step 1: Register to attend our Green Carpet session. Please click here<\/a> to register.<\/p>\n

      Step 2: Attend \u2018Kongsi Co-op Green Carpet: An Introduction\u2019. It will be conducted physically.<\/p>\n

      Step 3: Submit the \u2018Co-Ownership Application Form\u2019, make payment, and virtually complete the Kongsi Co-op Agreement sent to you after the Green Carpet. We will review your application and notify you of the next course of action within 14 working days.<\/p>\n

      [\/et_pb_accordion_item][et_pb_accordion_item title=”Q5: Is there any administrative or entrance fee to join Kongsi Co-op as co-owners?” _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}” open=”off”]<\/p>\n

      Yes, there is a compulsory entrance fee of RM 100.00 for new co-owners or a re-entrance fee of RM 150.00 for former co-owner.<\/p>\n

      The fee is a one-off administrative fee payable to Kongsi Co-op upon successful application which is non-transferable and non-refundable.<\/p>\n

      [\/et_pb_accordion_item][et_pb_accordion_item title=”Q6: How would I know about my application status?” _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}” open=”off”]<\/p>\n

      Upon receiving your application with complete documentation,we will review your application within 14 working days. Once the application is approved, the team will notify you of the next course of action accordingly.<\/p>\n

      [\/et_pb_accordion_item][\/et_pb_accordion][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.19.4″ _module_preset=”default” background_enable_color=”off” global_colors_info=”{%22gcid-cde5d11e-25bf-4e1c-a739-3613348b59f2%22:%91%22background_color%22%93}”][et_pb_row _builder_version=”4.17.3″ _module_preset=”default” custom_padding=”||||false|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.17.3″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.19.4″ _module_preset=”default” text_font=”|||on|||||” text_text_color=”gcid-f5e5911f-864f-4cd3-ae22-d0240d9f8bf2″ text_font_size=”13px” text_letter_spacing=”3px” text_orientation=”center” custom_margin=”||20px||false|false” custom_padding=”0px|||||” locked=”off” global_colors_info=”{%22gcid-f5e5911f-864f-4cd3-ae22-d0240d9f8bf2%22:%91%22text_text_color%22%93}”]<\/p>\n

      FAQs<\/p>\n

      [\/et_pb_text][et_pb_text _builder_version=”4.17.3″ _module_preset=”default” header_3_font=”|800|||||||” header_3_text_align=”center” header_3_font_size=”40px” header_3_font_size_tablet=”40px” header_3_font_size_phone=”30px” header_3_font_size_last_edited=”on|phone” global_colors_info=”{}”]<\/p>\n

      About Co-ownership Share<\/h3>\n

      [\/et_pb_text][et_pb_accordion _builder_version=”4.19.4″ _module_preset=”default” body_link_text_color=”gcid-487dde62-1190-4c73-b434-38f61eb6a540″ global_colors_info=”{%22gcid-487dde62-1190-4c73-b434-38f61eb6a540%22:%91%22body_link_text_color%22%93}”][et_pb_accordion_item title=”Q1: What is the difference between the co-ownership share and the entrance fee of co-owners?” open=”on” _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

      The co-ownership share is the unit of equity ownership of a co-owner in Kongsi Co-op while the entrance fee is an administrative fee in handling the co-ownership application and administration.<\/p>\n

      [\/et_pb_accordion_item][et_pb_accordion_item title=”Q2: What is the minimum Co-ownership share subscription amount?” _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}” open=”off”]<\/p>\n

      Every co-owner must subscribe to a minimum of ONE co-ownership share (equivalent to RM 1,000.00) to gain the benefits of co-ownership and exercise rights.<\/p>\n

      [\/et_pb_accordion_item][et_pb_accordion_item title=”Q3: Is there any co-ownership shareholding restriction? ” _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}” open=”off”]<\/p>\n

      Yes, there is a co-ownership shareholding restriction in Kongsi Co-op based on By-laws and regulation. No co-owner shall hold more than one-fifth (20%) of the total share capital or not more than RM 50,000.00, whichever is lower.<\/p>\n

      [\/et_pb_accordion_item][et_pb_accordion_item title=”Q4: Can I transfer or sell my co-ownership share(s) to others?” _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}” open=”off”]<\/p>\n

      The co-ownership share is non-transferable and it cannot be sold to non-co-owners, except as provided in the By-laws and regulations.<\/p>\n

      [\/et_pb_accordion_item][et_pb_accordion_item title=”Q5: Can I withdraw my shares anytime?” _builder_version=”4.19.4″ _module_preset=”default” global_colors_info=”{}” open=”off”]<\/p>\n

      The co-ownership share(s) can only be withdrawn after five years of co-ownership (except in the case of co-ownership termination). However, a minimum of ONE (1) share must be retained to maintain co-owner\u2019s benefits and voting rights in Kongsi Co-op.<\/p>\n

      Please contact us for more details on the withdrawal matters.<\/p>\n

      [\/et_pb_accordion_item][\/et_pb_accordion][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"

      Frequently Asked Questions

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