SESB not owned by Sabah yet, says company’s CEO


KOTA KINABALU: Ailing utility company Sabah Electricity Sdn Bhd (SESB) is not owned by Sabah yet, says the company’s chief executive officer.

“Tenaga Nasional Bhd (TNB) is still the major shareholder in SESB, and the state has not taken it over,” said Mohd Yaakob Jaafar in a statement Thursday (Jan 4).

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SESB , TNB , Mohd Yaakob Jaafar , Majority , Shares , Control

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