Sabah to study converting oil money into Petronas shares, says CM


KOTA KINABALU: The Sabah government will conduct a comprehensive study over the proposed conversion of 20% of its oil royalty claims into equity in national oil and gas company Petronas, says Chief Minister Datuk Seri Hajiji Noor.

In his winding-up speech on the state budget 2021, Hajiji, who is also Sabah's Finance Minister, said research was needed to see whether this would benefit the state.

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Water , electricity , Sabah; Hajiji

   

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