Latest news with #Sedco
Daily Express
18-07-2025
- Business
- Daily Express
Industrialised Building System use encouraged: Maslan
Published on: Friday, July 18, 2025 Published on: Fri, Jul 18, 2025 Text Size: Ahmad Maslan said the move could help reduce costs and construction time, while also minimising the risk of damage to IBS materials. - Bernama pic for illustration only. TAWAU: Contractors using the Industrialised Building System (IBS) in government and major projects are encouraged to produce components in situ or adjacent to the project site. Deputy Works Minister Datuk Seri Ahmad Maslan said the move could help reduce costs and construction time, while also minimising the risk of damage to IBS materials. Advertisement 'This came after I agreed to the proposal by the contractor for the Armed Forces Family Housing (RKAT) project at Kabota Camp here to establish a temporary site for IBS components. 'It is more economical if the IBS material moulds are made in situ. I believe this is a good solution for government projects. 'Otherwise, the materials would have to be transported by trailer from the Sedco factory in Kota Kinabalu,' he told reporters after inspecting the progress of the additional multi-class RKAT construction project, here, Thursday. According to him, transporting materials to Tawau by trailer took 12 hours and posed various risks, including possible damage to IBS poles. Meanwhile, Ahmad said the additional multi-class RKAT construction project at Kabota Camp, worth RM97 million, must be completed by Oct 31 next year, as scheduled. 'There will be no third extension of time (EOT). Two EOTs have already been granted. This is a very urgent and necessary project. Once completed, it will greatly benefit military personnel and their families by easing their burden of high rental costs outside,' he said. The project at Kabota Camp comprises nine blocks of Class G, C1, E and F apartment units, as well as bungalows, semi-detached houses, a multipurpose court and a playground.
Daily Express
15-07-2025
- Business
- Daily Express
‘Emerging Sabah business leaders need exposure' call
Published on: Tuesday, July 15, 2025 Published on: Tue, Jul 15, 2025 Text Size: From left: Datuk Lee Swi Heng, Datuk James Wong, Datuk Seri Masidi Manjun and Kenji Yeo together with participants of CEO Masterclass Kota Kinabalu: Sabah entrepreneurs possess equal capabilities as their international counterparts but require greater exposure to unlock their potential. 'Our industry friends from Singapore and Kuala Lumpur scaling 30 outlets per year have unlocked their imagination of what is possible. Advertisement 'We need to bring that confidence to scale up and think big to Sabah,' said Sybil Founding President Datuk James Wong. Local economic growth depends on businesses learning to expand their operations and retain top talent within the State, said James, who is also Sedco General Manager. He was speaking at the recent CEO Masterclass 2025 which attracted 400 industry leaders and professionals to the Sabah International Convention Centre. Jointly organised by the Sabah Young Business and Industry Leaders (Sybil) and the Malaysian International Chamber of Commerce and Industry (MICCI) Sabah, the event highlighted the ongoing partnership between the two organisations in fostering leadership development and professional networking opportunities. The first session, 'Overcoming the Business Death Valley,' was moderated by Ray Chou and featured insights from Kenji Yeo of Amazing Borneo Tours, Ventamin co-founder Geraldyn Low and Intelligent Capital Director Asgari Stephens, who shared personal entrepreneurial experiences and challenges. A second panel, 'Scaling Beyond Sabah' was moderated by James and featured three prominent figures from Sabahan public-listed companies. KTI Landmark Berhad's Datuk Dr Gordon Loke, Life Water Berhad's Liaw Hen Kong and Colform Berhad' Kang Ket Hung shared their journeys from operating small-town Sabah businesses to achieving public listings on Bursa Malaysia's ACE Market. The masterclass reinforced Sybil's commitment to creating valuable networking platforms that connect established business leaders with local entrepreneurs, fostering knowledge transfer and business development across Sabah's commercial landscape. * 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. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Daily Express
19-06-2025
- Business
- Daily Express
Royal backing for Sedco's bumi scheme
Published on: Friday, June 20, 2025 Published on: Fri, Jun 20, 2025 Text Size: Tunku Mariamz (third right) with Sedco's top management officials during the visit. Kota Kinabalu: Sedco's proposed two-phase Bumiputera Entrepreneurship Program received royal endorsement from the Agong's sister, Tunku Mariamz Al-Marhum Al-Mutawakkil Alallah Sultan Iskandar Al-Haj. Tunku Mariamz emphasised the importance of training and mentorship that are not only effective but time-efficient, in order to make a tangible difference in the lives of aspiring bumiputera entrepreneurs. Advertisement 'We must not simply invite investors; we must also ensure the actual investment reaches the people,' she said, during a visit to the Sabah Economic Development Corporation Hq at Wisma Sedco, Thursday. She stressed the need for a more inclusive economic framework that benefits the local community. The program to be launched next month aims to support the growth of local businesses by offering targeted skills development, mentorship and resources designed to scale up entrepreneurship in Sabah. Tunku Mariamz also highlighted the transformative potential of digital commerce and online platforms, encouraging Sabah's entrepreneurs to tap into global trade opportunities. Advertisement She was briefed on Sedco's extensive and diverse business ecosystem, underscoring the corporation's critical role in Sabah's socio-economic development across sectors such as mining, construction, real estate, hospitality, tourism, and entrepreneurship. The engagement saw a productive dialogue, and a shared vision for the continued advancement of the state, particularly in fostering opportunities for the Bumiputera community. She expressed her heartfelt congratulations to Datuk Ar. James Wong Kein Peng, the newly appointed Group General Manager of Sedco. Present were key members of the Sedco Group Top Management and CEOs, including Rahim Mohd Zain, General Manager of Sedcovest Holdings Sdn Bhd; Mat Saidi Minting, General Manager of Perkasa Realty Sdn Bhd; Shiu Vay Leung, General Manager of Sedco Precast Sdn Bhd and Shamsul Bahri Johari, General Manager of Sedco Mining Sdn Bhd. Passionate about Sabah's environmental preservation, she warned about the dangers of unsustainable development practices. She also highlighted growing concerns of plastic pollution, wildlife endangerment, and the need for cleaner, more responsible tourism practices. She shared her personal experiences hiking Mount Kinabalu, noting that Sabah's natural wonders and cultural heritage should be promoted more vigorously through film and digital storytelling. Her vision for Sabah included a sustainable approach to tourism that not only attracts visitors but also ensures the long-term health of its ecosystems and communities. 'We must protect our environment for future generations,' she said, stressing the importance of preserving both the state's rich ethnic diversity and its natural beauty. Tunku Mariamz said Sabah Maju Jaya should not be just a slogan. 'Unity and sincerity must come first. Put political differences and personal interests aside, and focus on doing what's best for the betterment of the State.' Progress can only be achieved when all stakeholders collaborate with genuine intent and a focus on service to the people. She also reminded that true success is not measured by popularity, but by the level of service provided and the integrity with which one fulfils their responsibilities. * 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. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
Borneo Post
19-06-2025
- Business
- Borneo Post
Royal visit boosts Sabah's entrepreneurial, conservation efforts
Tunku Mariamz being greeted during her visit to Wisma Sedco. KOTA KINABALU (June 19): Her Royal Highness Paduka Puteri Tunku Mariamz Al-Marhum Al-Mutawakkil Alallah Sultan Iskandar Al-Haj paid a fruitful visit to the Sabah Economic Development Corporation (Sedco) headquarters here on Thursday. The Yang di-Pertuan Agong's younger sister was briefed on Sedco's diverse business ecosystem and its role and contributions towards Sabah's socio economic progress including its involvement in mining, construction, real estate, hospitality, tourism and entrepreneurship. The engagement was filled with productive dialogue, strategic insights, and shared aspirations to further enhance Sabah's socio-economic growth, especially amongst the Bumiputera community. Tunku Mariamz also expressed her sincere congratulations to Datuk Ar James Wong Kein Peng on his appointment as the new Group General Manager of Sedco. Also present at the event were Sedco Group top management and chief executive officers, namely Rahim Mohd Zain, General Manager of Sedcovest Holdings Sdn Bhd; Mat Saidi Minting, General Manager of Perkasa Realty Sdn Bhd; Shiu Vay Leung, General Manager of Sedco Precast Sdn Bhd; and Shamsul Bahri Johari, General Manager of Sedco Mining Sdn Bhd. Tunku Mariamz provided encouraging feedback on Sedco's proposed two-phase Entrepreneurship Program. She stressed the need for impactful, time-efficient training and inclusive mentorship that truly supports aspiring Bumiputera entrepreneurs. 'We must not simply invite investors to invest; we must also ensure that actual investment reaches the people,' she said during her visit to Wisma Sedco. Her Royal Highness shared success stories from online platforms and highlighted opportunities for Sabah entrepreneurs in digital commerce and global trade. Sedco's upcoming holistic program is designed to build and scale local entrepreneurship businesses and is expected to be launched next month. Deeply passionate about conservation, Tunku Mariamz cautioned against unsustainable development, pointing to plastic pollution, wildlife endangerment, and cleanliness in tourism hotspots. She also shared her own experiences climbing Mount Kinabalu and exploring Sabah's natural wonders, advocating for increased promotion of Sabah's rich ethnic and ecological heritage through film and digital storytelling. Upon closing the historic visit, Her Royal Highness shared her heartfelt advice: 'Sabah Maju Jaya is not just a slogan — unity and sincerity must come first. Put political differences and personal interests aside, and focus on doing what's best for the betterment of the state.' She also reminded everyone that true success is not measured by popularity, but by service for the people and stewardship of one's position and responsibilities. Tunku Mariamz's visit was a profound inspiration for the entire Sedco Group management and staff. Her insights will serve as a guiding principle for Sedco as the corporation continues its mission to drive inclusive, sustainable economic development across Sabah.
Daily Express
19-06-2025
- Business
- Daily Express
Tunku Mariamz urges unity, sincerity for Sabah's progress
Published on: Thursday, June 19, 2025 Published on: Thu, Jun 19, 2025 Text Size: Tunku Mariamz receives a memento from Wong. KOTA KINABALU: Sabah Maju Jaya is not just a slogan - unity and sincerity must come first, said Her Royal Highness Paduka Puteri Tunku Mariamz during her visit to the Sabah Economic Development Corporation (Sedco) headquarters. Tunku Mariamz was briefed on Sedco's role in driving Sabah's socio-economic progress through its involvement in key sectors such as mining, real estate, hospitality, and entrepreneurship. Advertisement She congratulated Datuk James Wong Kein Peng on his appointment as Sedco's new Group General Manager and met with senior management representatives from its subsidiaries. During the engagement, Tunku Mariamz endorsed Sedco's upcoming Bumiputera Entrepreneurship and Economic Empowerment Programme, calling for efficient, inclusive training to support local entrepreneurs. She also urged Sedco to ensure that investments lead to tangible benefits for the people, citing digital commerce and global trade as key growth areas. On environmental matters, she raised concerns about unsustainable development and stressed the need to promote Sabah's natural and cultural assets through film and digital storytelling. Advertisement Tunku Mariamz also urged leaders to prioritise unity and service over personal or political gain, reminding all that true leadership lies in responsibility and integrity. * 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. Stay up-to-date by following Daily Express's Telegram channel. Daily Express Malaysia
