KKIP, Safma pay dividend, loan to state govt
KOTA KINABALU: Kota Kinabalu Industrial Park Sdn Bhd (KKIP) yesterday paid RM8.25 million in dividend to the state government.
Chief Minister Tan Sri Datuk Seri Panglima Musa Haji Aman said it was necessary for government agencies to pay the loans that had been given them.
“And I believe, with an efficient management, these agencies will be able to generate profit,” he said during the cheque presentation ceremony.
Present to receive the cheque were the Finance Ministry's permanent secretary, Datuk Pengiran Haji Hassanel Pengiran Mohd Tahir, and KKIP Sdn Bhd Chief Executive Officer, Melvin Disimond.
Melvin, when briefing Musa, said they would be embarking on creating a “Category A” Aerospace Technician Training Centre, which would be the first of its kind in Sabah and Malaysia.
He explained that they would be working with Lufthansa for the training syllabus and added that the “Category A” would mean more job opportunities for the trainees.
He added that the centre of training would be able to accommodate 100 students per year.
Meanwhile, Sabah Fish Marketing Sdn Bhd (Safma) yesterday presented a RM1.2 million cheque to the State Government to pay for its loan.
Its chairman, Datuk Ujang Sulani, said Safma's State Government debt was RM14 million in 2010, and after the payment yesterday, the balance of their debt was only RM7.4 million.
He also explained that Safma's gross profit in 2015 was RM875,000.
In 2016, Safma's gross profit was RM1.2 million while as of September, this year, it had already exceeded RM1.2 million.
Musa congratulated Safma for paying up the loan and stressed the importance for government agencies to pay their loans.