The Edge 18 Aug 25 news. (In September 2024, DP World assumed operational control of SBCP through DPW Sabah Sdn Bhd, the JV company in which it holds 51% equity interest. Suria Capital’s wholly-owned subsidiary, Sabah Ports Sdn Bhd, retains the remaining 49%.

Analysts have responded positively to the partnership, citing strong potential for Sabah Ports to benefit from DP World’s extensive global expertise and supply chain network)

It is only temporary provision non cash

Note 13 in report, there is temporary levy of deferred taxation of Rm252 million required UK Energy Profit Levy introduced by UK on July 22 for years 2023 to 2028.