KOTA KINABALU, February 4 – In a significant financial development, Kimanis Power Sdn Bhd (KPSB), a joint venture between PETRONAS Gas Berhad (PGB) and NRG Consortium (Sabah) Sdn Bhd (NRG), has issued an interim dividend payment of RM16 million to NRG Consortium shareholders for the financial year ending December 31, 2023. NRG Consortium is a wholly-owned subsidiary of Innoprise Corporation Sdn. Bhd. (ICSB), itself a unit of Yayasan Sabah.
The Chairman of KPSB, Abdul Aziz Othman, presented a symbolic cheque to Datuk Jasnih Daya, Executive Chairman of Innoprise Corporation Sdn Bhd, in the presence of Sabah Chief Minister Datuk Seri Panglima Hajiji Noor at a ceremony held at Menara Kinabalu on January 18, 2023. KPSB, the operator of Kimanis Power Plant (KPP), a prominent independent power producer in Sabah, has consistently delivered dividend returns to its shareholders since the commencement of its commercial operations in 2014.
The ceremony was attended by Siti Ayu Abdul Wahab, Head of PETRONAS Sabah and Labuan Regional Office, and Rozali Khamis, Chief Executive Officer of KPSB.KPSB’s contribution to ensuring the reliability and security of power supply in Sabah since 2014 underscores its commitment to supporting the state’s ongoing economic growth. This dividend payment reflects the company’s financial success and its positive impact on stakeholders within the consortium.
