Kota Kinabalu: The Sabah Ministry of Finance has issued an official erratum correcting several financial figures contained in the speech delivered by Deputy Chief Minister II and Sabah Finance Minister Datuk Seri Panglima Masidi Manjun during the opening ceremony of the 2026 Course for Board Members of State Statutory Bodies (BBN) and State Government-Linked Companies (GLCs).
In the erratum dated June 27, the Ministry said a post-event review found inaccuracies involving figures on dividend receipts, contributions and State Government loan repayments contained in the Minister’s speech text. It said the corrections were made to ensure the accuracy of official records.
According to the revised figures, dividend income increased from RM122,763,986.48 in 2024 to RM128,567,947.10 in 2025, while contributions declined from RM14,708,257.50 to RM13,236,473.00 over the same period.
As a result, the State Government’s total receipts from dividends and contributions increased from RM137,472,243.98 in 2024 to RM141,804,420.10 in 2025, representing an increase of RM4.33 million, or 3.2 per cent.
The Ministry also corrected the State Government’s loan repayment figure from RM19.44 million in 2024 to RM19.03 million in 2025.
Despite the revisions, the Ministry stressed that the corrected figures do not alter the substance of the message delivered by Masidi during the event.
“Although there has been a slight increase in dividend and contribution receipts, the achievement is still not at a level that can be considered satisfactory and has yet to reflect the true potential of the State Government’s assets and investments,” Masidi said.
The Ministry reiterated that while dividend and contribution receipts had recorded a modest increase, the performance of Sabah’s statutory bodies and State Government-linked companies had yet to reach a level that could be regarded as satisfactory and remained below the true potential of the State Government’s assets and investments.
It also thanked media organisations for their cooperation in updating reports based on the corrected figures and apologised for any confusion caused by the inaccuracies.
