Fri, 12 Jun 2026
Headlines:
State Government receives more than RM152m in dividends
Published on: Thursday, December 01, 2022
Published on: Thu, Dec 01, 2022
Text Size:
Text:
State Government receives more than RM152m in dividends
Kota Kinabalu: The Sabah Government received more than RM152 million in dividends for the financial year 2021, from 15 government-linked companies (GLCs) and five statutory bodies, Wednesday.

Sabah’s Chief Minister Department said in a statement that Chief Minister Datuk Seri Hajiji Noor received the dividends from the respective GLCs and statutory bodies at the Danum Room, Sabah State Legislative Assembly Building at Teluk Likas, here.

Advertisement
Also present were Sabah State Secretary Datuk Seri Safar Untong, Sabah Public Service Department Director General Datuk Rosmadi Sulai and Sabah Finance Ministry Permanent Secretary Datuk Sofian Nair.

The GLCs paying the dividends were Sawit Kinabalu Sdn Bhd with RM41.79 million, Sabah Development Bhd (RM20 million), Sabah Electricity Sdn Bhd (RM17.24 million) Sabah Credit Corporation (RM17 million), Qhazanah Sabah Bhd (RM15 million), Kota Kinabalu Industrial Park (RM10 million), Sabah Energy Corporation Sdn Bhd (RM9 million), Progressive Insurance Bhd (RM6.18 million), FGV Holdings Bhd (RM 5.27 million), Innoprise Corporation Sdn Bhd (RM2.6 million), Desa Group Sdn Bhd (RM2 million), Keningau Agro-Venture Sdn Bhd (RM1 million), Petronas Dagangan Bhd (RM460,000), Suria Capital Holdings Bhd (RM230,400), and Borneo Development Corporation Sdn Bhd (RM174,897.61).

SPONSORED CONTENT
Cosmobeauté Malaysia and beautyexpo will expand into East Malaysia with the launch of the Cosmobeauté Malaysia Borneo Festival 2026 at the Sabah International Convention Centre (SICC) from May 25 to 26.
Statutory bodies paying the dividends were the Sabah Rubber Industries Board (RM1.31 million), Rural Development Cooperative (RM1 million), Sabah Land Development Board (RM1 million), Sabah Parks Board of Trustees (RM681,365) and Sabah Forestry Development Authority (RM70,000).
* Follow us on our official WhatsApp channel and Telegram for breaking news alerts and key updates!

* Do you have access to the Daily Express e-paper and online exclusive news? Check out subscription plans available.
Advertisement
Share this story
Advertisement
Advertisement
Follow Us  
           
Daily Express News  
© Copyright 2026 Sabah Publishing House Sdn. Bhd. (Co. No. 35782-P)
close
Try 1 month for RM 18.00
Already a subscriber? Login here
Try 1 month for RM 18.00
open
Try 1 month for RM 18.00
Already a subscriber? Login here