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PUNB Urges Public To Report Misuse Of PUNB’s Brand Name

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MELAKA – The public has been urged to report any parties or individuals misusing the Perbadanan Usahawan Nasional Bhd (PUNB) brand name to serve their own purposes.

Its Chairman, Tan Sri Mohd Ali Rustam, said in the past two months, PUNB had made three police reports on the misuse of PUNB’s brand name, logo and acronym.

He said PUNB had identified three cases – a Facebook account named ‘Pinjaman PUNB’ and a cooperative named KPUNB which offered various types of loans, and the latest incident involving Kongsi Makan Sdn Bhd, a company which managed a franchise investment scheme using PUNB’s brand.

“PUNB does not have anything to do with these three entities, and we have never appointed any agents or representatives to act as the middlemen for loan applications,” he said.

He said this to reporters before officiating the PUNB Melaka branch office in Ayer Keroh here today.

Also present was PUNB Chief Executive Officer, Datuk Azhar Ahmad.

During the press conference, Mohd Ali said, PUNB’s image had suffered due to such incidents, and expressed sadness that the illegal schemes had caused several victims to incur financial losses.

He said those wishing to apply for business loans may approach PUNB directly or visit any of the PUNB branches.

Meanwhile, he said, PUNB has been collaborating with Maybank Islamic Bhd to develop the SME PUNB Property Financing-i scheme which aimed to assist Bumiputera entrepreneurs purchase and own properties such as shophouses, shoplots and shops-cum-offices.

Under the scheme, Bumiputera entrepreneurs would only need to pay a deposit of five per cent of the price of the property’s price, which can be between RM500,000 and RM2.5 million, and the repayment period can be up to 20 years, with a two-year grace period, he said.

“The scheme is open to Bumiputera entrepreneurs, and PUNB provides a guarantee of 25 per cent of the loan’s amount, or a maximum of RM250,000 to Maybank Islamic.
“As such, PUNB has allocated RM15 million for the scheme, and Maybank is currently reviewing 14 applications for the loan,” he said.

On another note, Mohd Ali said, in the first nine months of 2017, PUNB had disbursed RM9.4 million worth of loans for 26 companies in the state, adding that it targeted to approve RM10.1 million worth of loans to 39 companies in the state this year. – BERNAMA

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