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Subject Sabah Development Bank's actions to full audit! | Daily Express Online


Published on: Sunday, July 25, 2021
By: Datuk John Lo
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TAN Sri Harris, during his CM tenure, had a big vision for Sabah. Among the many development vehicles that he had formed, the most important were Sabah Bank and Sabah Development Bank. 
How he managed to get approvals for these two financial institutions from the Federal Government was miraculous as no other state up to day have succeeded to get even 1 financial institution in the name of their states! 
His objective for these two financial institutions, together with Sabah Credit Corporation and Borneo Housing was to finance and accelerate Sabah’s economic development. Sabah Bank, sadly is now history, having been absorbed into Singapore’s Alliance Bank. ....

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Sedia accepts Sapangar Port extension tender | Daily Express Online - Sabah's Leading News Portal


Published on: Friday, July 09, 2021
By: Bernama
Bernama pic for illustration only.
Kuala Lumpur: Sabah Economic Development and Investment Authority (Sedia) has accepted WCT Holdings Bhd’s indirect joint venture (JV) company’s, WCT-CCCC, tender for the proposed expansion of Sapangar Bay Container Port project for RM899.81 million.
WCT-CCCC is a 60:40 JV between WCT Bhd, a wholly-owned unit of WCT Holdings, and China Communications Construction Company (M) Sdn Bhd (CCCC).
In a filing with Bursa Malaysia Thursday, WCT Holdings said Sedia had accepted WCT-CCCC’s tender offer to undertake and execute as the main contractor of the proposed project.
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