Sunday September 11, 2005
Company badly hit by withdrawal of RM1 coin
Our company supplies and operates coin-operated self-service vending machines throughout the country. These machines use the RM1 coin. So you can imagine how shocked and upset we were on hearing the news of the withdrawal of the coin.
Bank Negara’s decision will badly affect operators of vending machines like us.
We cannot believe that when other countries have recently released new coins, we choose to remove our most widely used RM1 coin.
The withdrawal of the coin is going to cost my company and its customers more than RM200,000 to source and fit new coin acceptors to our machines.
Who is going to compensate us? Will a new coin be released soon?
Philip Lee & co
Kuala Lumpur
News Poll
- Man posted doctored photos of Nik Aziz
- Heartbreaking wait for mum
- Sodomy II: Karpal claims judge lied (Updated)
- The world just got bigger
- Opposition leaders decry court’s ruling
- Weather warning for Perak, Selangor and Sabah
- Thumbs-up for Najib
- 5-0 for BN’s Zambry
- Saiful files report over death threat
- WWF: Orang asli being used
- 60 lose RM25mil in gold investment scam
- Canberra to set new skills list
- Sodomy II: Karpal claims judge lied (Updated)
- Weather warning for Perak, Selangor and Sabah
- MAS offers CNY bargains
- Heavy vehicle ban during CNY rush
- ‘Flashing candy’ a health hazard: Health Ministry
- Saiful files report over death threat
- Fleet card cloning ring busted with arrest of trio
- WWF: Orang asli being used
RSS
