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Sedcovest to optimise assets to drive Sabah economic growth
Published on: Wednesday, February 11, 2026
Published on: Wed, Feb 11, 2026
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Sedcovest to optimise assets to drive Sabah economic growth
Redonah being briefed during the visit.
KOTA KINABALU: Sedcovest will continue to enhance its capacity and fully mobilise its assets and expertise to drive economic progress and nurture more entrepreneurs in Sabah.

Sedcovest Holdings Sdn Bhd chairperson Datuk Redonah Bahanda said the agency must be bold and act strategically in facing challenges while fulfilling its responsibilities to the people and the State, adding that asset utilisation is no longer an option but a strategic necessity for sustainability and growth.

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She said this when officiating the pre-launch and site visit of the Business Incubator Centre (PIP) Anjung Selera in Likas on Tuesday, where she stressed that Sedcovest’s future would be determined by the courage to change, commitment to its agenda and unity as a team.

Redonah said as a government-linked company (GLC), Sedcovest is entrusted not only with creating social value and developing entrepreneurs but also with ensuring strong financial performance and sustainable revenue generation, expressing hope that PIP Anjung Selera Likas would provide SMEs with flexible and affordable business premises in Kota Kinabalu.

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She added that PIP Anjung Selera, the third outlet after PIP Wisma Sedco, is established in line with the evolving entrepreneurial landscape and is aimed at building an ecosystem to support entrepreneurs, while also recording appreciation to former Chairman Datuk Rubbin Guribah for his three years of leadership and contribution to the company.
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