KOTA KINABALU, Jan 9 (Bernama) —The State of Sabah, through its wholly-owned company SMJ Sdn Bhd (SMJSB), and PETRONAS Chemicals Group Berhad (PCG) have signed the Heads of Agreement (HOA) for the acquisition of 25% equity interest in PETRONAS Chemicals Fertiliser Sabah Sdn Bhd (PC FSSB).
The Agreement was signed by SMJSB Chief Executive Officer, Dr. Dionysia Aloysius Kibat and PCG Managing Director and Chief Executive Officer, Ir. Mohd Yusri Mohamed Yusof in the presence of Datuk Seri Panglima Masidi Manjun, Sabah State Local Government and Housing Minister and Finance Minister ll and PETRONAS Senior Vice President, Project Delivery & Technology Datuk Bacho Pilong.