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Kota Kinabalu: KKIP Power Sdn Bhd (KKIP Power) handed over a dividend amounting to RM3,136,500 to KKIP Sdn Bhd at the KKIP Office in Sepanggar here on Tuesday.

The dividend was presented by KKIP Power chairman Datuk Johnny Goh to KKIP chairman Datuk Ewon Benedick during a brief ceremony before the KKIP Board of Directors meeting.

Ewon, who is also Deputy Chief Minister and Sabah Industrial Development, Entrepreneurship and Transport Minister, said the dividend reflected the company’s positive performance and the subsidiary’s continued commitment to contributing to industrial and economic development in Sabah.

Also present were KKIP chief executive officer Cecilia Amid, Sabah Industrial Development, Entrepreneurship and Transport Ministry permanent secretary Datuk Thomas Logijin, and KKIP Power chief executive officer Datuk Peter Lajumin.

KKIP Power is the electricity distribution licence holder for industrial areas within Kota Kinabalu Industrial Park (KKIP) and plays a key role in supporting utility needs and industrial sector development in the park.