Latest news with #YayasanSabah
Daily Express
18-05-2025
- Business
- Daily Express
Yayasan Sabah receives RM70 Mil dividend from Sabah Softwoods, up RM10 Mil from 2023
Published on: Sunday, May 18, 2025 Published on: Sun, May 18, 2025 Text Size: The Sabah state government, through Yayasan Sabah, has received a RM70 million dividend from Sabah Softwoods Berhad (SSB) for 2024, an increase of RM10 million from the RM60 million received in 2023. SSB Chairman Datuk Mohd Arsad Bistari said the significant increase reflects the company's continued commitment to contributing to state revenue through income generation under Yayasan Sabah's portfolio. Advertisement 'The RM70 million dividend payment for 2024 represents an improved performance compared to 2023, when RM60 million was paid out. "This increase demonstrates SSB's dedication to sustainable profitability and its role in boosting state income, especially for Yayasan Sabah as the majority shareholder,' Arsad said. The mock cheque was handed over by Arsad to Sabah Chief Minister Datuk Seri Hajiji Noor, who also chairs the Yayasan Sabah Board of Trustees, during a courtesy visit by the SSB board at Menara Kinabalu on Thursday. During the visit, Arsad also expressed appreciation to the board for approving a 30-year extension of the Sapangar land lease, owned by a Yayasan Sabah subsidiary. Advertisement The extension is expected to ensure operational stability and continuity for SSB's timber, palm oil, and processing sectors in alignment with the state's development agenda. 'The board's approval of the 30-year lease extension is a strategic and important decision to secure SSB's long-term operations and stability in line with the Sabah Maju Jaya (SMJ) roadmap,' he added. Also present during the visit were Yayasan Sabah Director Datuk Seri Ghulamhaidar Khan Bahadar, Innoprise Corporation Executive Chairman Datuk Jasnih Daya, and SSB Chief Executive Officer Datuk Mohd Daud Tampokong. * Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss. * 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
18-05-2025
- Politics
- Daily Express
Chief Minister approves RM5 million for Limbahau
Published on: Sunday, May 18, 2025 Published on: Sun, May 18, 2025 Text Size: Chief Minister Datuk Seri Hajiji Noor PAPAR: Chief Minister Datuk Seri Hajiji Noor brought cheers to the people here when he approved a total of RM5 million for the St Joseph Church and Kampung Marahang multi-purpose hall at Limbahau, here, Saturday. Speaking at the Papar Pesta Kaamatan at Kampung Marahang, the Chief Minister said he approved the request by Limbahau Assemblyman Datuk Juil Nautim to build a new hall for the St Joseph Church. Advertisement He also approved a RM1 million allocation to upgrade the infrastructure around the Kampung Marahang multi-purpose hall. The Chief Minister, who is also Chairman of the Yayasan Sabah Board of Trustees, said he agreed to allocate part of the land belonging to Yayasan Sabah for the people in Kampung Gana and its vicinity. 'This is a government for all people of Sabah. We are fair to the rakyat of Sabah. 'We are not seeking self-praise but the proof is all there for everyone to see. We are bringing development not just for a certain segment of the people but to everyone irrespective of race and religion,' he said. Advertisement In this respect, he called upon the community development leader (PPM) to go to the ground and tell the people at the grassroots level what the Government has been doing. Hajiji said Pesta Kaamatan is a platform for the people to foster greater relationships among the multi-racial people in Sabah. Also present were Minister of Domestic Trade and Cost of Living/Papar MP Datuk Armizan Mohd Ali and Kawang Assemblyman/Yayasan Sabah Director Datuk Ghulamhaidar Khan Bahadar. * Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss. * 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
17-05-2025
- Business
- Daily Express
Chief Minister approves RM5 million for projects in Limbahau
Chief Minister approves RM5 million for projects in Limbahau Chief Minister Datuk Seri Hajiji Haji Noor approved RM5 million for development projects in Limbahau during the Papar Pesta Kaamatan celebration at Kampung Marahang on Saturday. The funds include a new hall for St Joseph Church and RM1 million to upgrade infrastructure at the Kampung Marahang multi-purpose hall. He also agreed to allocate Yayasan Sabah land for the Kampung Gana community. Advertisement Hajiji emphasized the state government's commitment to inclusive development for all Sabahans, regardless of race or religion, and urged local leaders to communicate government efforts to the grassroots. Also present were Papar MP Datuk Armizan Mohd Ali and Kawang Assemblyman Datuk Ghulamhaidar Khan Bahadar.
Borneo Post
17-05-2025
- Politics
- Borneo Post
CM approves RM5 million for Limbahau
Chief Minister Datuk Seri Panglima Haji Hajiji Haji Noor (centre) harvesting padi stalks or mongomot at the Papar Pesta Kaamatan. PAPAR (May 17): Chief Minister Datuk Seri Panglima Haji Hajiji Haji Noor brought cheers to the people here when he approved a total of RM5 million for the St Joseph Church and Kampung Marahang multi-purpose hall at Limbahau here today. Speaking at the Papar Pesta Kaamatan at Kampung Marahang, the Chief Minister said he approved the request by Limbahau assemblyman Datuk Juil Nautim to build a new hall for the St Joseph Church. He also approved a RM1 million allocation to upgrade the infrastructure around the Kampung Marahang multi-purpose hall. The Chief Minister, who is also chairman of the Yayasan Sabah Board of Trustees, said he agreed to allocate part of the land belonging to Yayasan Sabah for the people in Kampung Gana and its vicinity. 'This is a government for all people of Sabah. We are fair to the rakyat of Sabah. We are not seeking self praise but the proof is all there for everyone to see. 'We are bringing development not just for a certain segment of the people but to everyone irrespective of race and teligion, he said. In this respect, he called on the community development leader (PPM) to go to the ground and tell the people at the grassroots level what the government has been doing. Hajiji said Pesta Kaamatan is a platform for the people to foster greater relationships among the multi-racial people in Sabah. Also present were Minister of Domestic Trade and Cost of Living/Papar MP Datuk Armizan Mohd Ali and Kawang Assemblyman/Yayasan Sabah Director Datuk Ghulamhaidar Khan Bahadar.
Daily Express
15-05-2025
- Business
- Daily Express
Sabah Softwoods pays RM70 million dividend
Published on: Thursday, May 15, 2025 Published on: Thu, May 15, 2025 Text Size: Hajiji receives a replica dividend cheque from Mohd Arsad. - Pic by CMD KOTA KINABALU: Sabah Softwoods Berhad paid RM70 million dividend for the year 2024 to its main shareholder, Innoprise Corporation Sdn Bhd, the investment arm of Yayasan Sabah. The cheque replica was presented by Sabah Softwoods Chairman Datuk Mohd Arsad Bestari to Chief Minister Datuk Seri Hajiji Noor who is also chairman of Yayasan Sabah Board of Trustees at Menara Kinabalu near here today. Advertisement Also present were Yayasan Sabah Director Datuk Ghulamhaidar Khan Bahadar, Innoprise Corporation Sdn Bhd Executive Chairman Datuk Jasnih Daya, Sabah Softwoods Berhad Chief Executive Officer, Datuk Haji Mohd Daud Tampokong and members of Sabah Softwoods Board of Directors. * Follow us on Instagram and join our Telegram and/or WhatsApp channel(s) for the latest news you don't want to miss. * 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
