Sabah Development Bank is actively trying to recover debts: Masidi

Sabah News

Sabah Development Bank is actively trying to recover debts: Masidi
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  • 📰 DailyExpress_MY
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Kota Kinabalu:  State Finance Minister Datuk Seri Masidi Manjun said Sabah Development Bank (SDBank) is aggressively working to restructure and recover its bad debts.

Kota Kinabalu: State Finance Minister Datuk Seri Masidi Manjun said Sabah Development Bank is aggressively working to restructure and recover its bad debts.

SPONSORED CONTENT Sabah revenue hits RM6.97 billion: Hajiji says GRS State Government may see full term Kota Kinabalu: The Sabah Government continued its momentum in managing the economy in line with the commitment and spirit of the Sabah Maju Jaya when it posted record high state revenue of RM6.973 billion last year.

In line with the CCA, SMJE acts as a Prudent Financial Investor by focusing on the production of oil and gas assets across the Upstream, LNG and Downstream/Petrochemical Sectors with healthy cash flows and operated by leading operators with proven Environmental, Social and Governance track records. “Since the acquisition, SMJE has received a net income from Samur of RM 53 million for the financial year 2023.

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