Hajiji (centre) witnessing the presentation of the dividend cheque replica from Dr Dionysia (left) to Mohd Sofian (right).
KOTA KINABALU: Chief Minister Datuk Seri Haji Hajiji Haji Noor witnessed SMJ Energy Sdn Bhd’s (SMJE) presentation of RM89.461 million in contributions to the State Government at the State Legislative Assembly Building here today.
During the brief ceremony, SMJE Group Chief Executive Officer Datuk Dr Dionysia Kibat presented replica cheques to Finance Ministry Permanent Secretary Datuk Mohd Sofian Alfian Nair, comprising a RM50 million dividend for the financial year ended 2025 and RM37.96 million in State Sales Tax (SST) payable to the State Government for 2025.
Since 2023, SMJ Energy has paid a cumulative RM210 million in dividends to the State Government.
The dividends were paid from distributable reserves, supported by a solid balance sheet, a stronger cash position and continued disciplined financial management across the Group.
As at December 31, 2025, the SMJ Energy Group’s total assets stood at RM4.82 billion, while it recorded a Profit After Tax of RM58.7 million despite ongoing economic, social and geopolitical volatility.
Dr Dionysia also handed over corporate social responsibility (CSR) contributions of RM1 million to the Sabah State Government Scholarship Fund, received by Sabah Public Service Department Director-General Datuk Norlijah Danin, and RM500,000 to Yayasan Kebajikan Sabah (YKS), received by its Director Datuk Diyanah Abdullah.
Hajiji said the dividend payment and SST contribution reflected SMJE’s sustainable financial performance and demonstrated the company’s success in fulfilling the State Government’s mandate to increase Sabah’s participation in the oil and gas sector.
He added that the CSR contributions underscored the state-owned company’s commitment to human capital development and social welfare initiatives in Sabah.
Meanwhile, SMJ Energy Chairman Datuk Seri Masidi Manjun said the company’s performance demonstrates the value of managing Sabah’s strategic assets with discipline, professionalism and a long-term perspective.
“Our responsibility is to manage the State’s strategic investments prudently so they continue delivering sustainable returns and lasting benefits for Sabah, not only today but for future generations,” said Masidi, who is also Deputy Chief Minister II cum Finance Minister.
Also present were State Secretary Datuk Zainudin Aman, State Attorney General Datuk Brenndon Soh, SMJE Chief Operating Officer and Executive Vice President (Upstream) Datuk Albert Lo, and senior SMJE officials.
