KOTA KINABALU, July 21 — Sabah Energy Corporation Sdn Bhd today paid RM9 million in dividend to the Sabah government for the financial year ended December 31, 2021.
The handover was made at the Sabah State Assembly Building in Teluk Likas here which was also attended by SEC chairman Datuk Annuar Ayub and Sabah state secretary Datuk Seri Safar Untong. “Compared to the state government’s paid-up capital of RM299.9 million, the reinvestment of accumulated profits over the years has resulted in the shareholders’ fund increasing to more than RM1 billion by the end of 2021.
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