Highlights Of Events

Supplemental Agreement – Suria Capital Holdings Berhad & Gabungan AQRS Berhad

On 17 January 2020, Suria and its joint venture partner for One Jesselton Waterfront project (1JW), Gabungan AQRS Berhad, executed a Supplemental Agreement to revise the entitlement upward from the previous 18% to 20% of the minimum Net Saleable Value of RM1.1 billion in view of the increase in land value since the JVA was signed in 2015. This would translate to a minimum guaranteed amount of RM220 million, an increase of RM22 million from the previous RM198 million.

GALLERY

Date:

17 January 2020
Sapangar Bay Container Port was announced as the Winner of the Green Port Award System (GPAS) for Year 2019 at the APEC Port Services Network (APSN) Forum held on 24 September 2019 at Cusco, Peru. The award was presented by Ms. Maria Jara Risco, the Minister of Transport and Communications of Peru and Mr. Tan Cheng Peng, the First Vice-President of the APSN Council, witnessed by Mr. Edgar Patino, the Chairman of the Board of the National Port Authority of Peru and Mr. Fei Weijun, the Secretary- General of APSN to representatives of Sabah Ports Sdn Bhd.

SBCP was recognized for the numerous green initiatives taken such as the installation of electrical Rubber Tyred Gantry Cranes, usage of LED lighting and implementation of the
Autostore Terminal Operating System which minimizes paper consumption. The APSN council further noted SBCP’s active engagement in ecological conservation through projects such as seagrass transplanting, mangrove restoration and rehabilitation projects across the port locality.

Clerk

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Manager

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