ANNUAL REPORT 2022
YAYASAN SABAH GROUP http://www.yayasansabahgroup.org.my
ANNUAL REPORT 2024 YAYASAN SABAH GROUP
ANNUAL REPORT 2024
ISSN 2289-294X
YAYASAN SABAH GROUP
Published by Yayasan Sabah Group P.O. Box 11623 88817 Kota Kinabalu Sabah, Malaysia Website:http://www.yayasansabahgroup.org.my
Copyright© 2025 Yayasan Sabah Group All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without prior permission of the copyright owner. Design & Layout: • Corporate Communications Division Yayasan Sabah Group
About this report This integrated annual report provides a fundamental overview of our operations throughout 2024. In addition, this report intends to give our stakeholders information about our activities and financial performance. The audited Yayasan Sabah Consolidated Account for 2024 will be enclosed with the report by the end of 2025.
11 10 10 11
01 02
KEY MESSAGES 02
CONTENTS
03 04
Chief Minister of Sabah/ Chairman of Yayasan Sabah Board of Trustees Director of Yayasan Sabah Executive Chairman of Innoprise Corporation Sdn. Bhd.
03
OUR GROUP AT A GLANCE 11
Vision Mission Objectives Role Function Core Values
06
YSG IN THE NEWS 2024
49 - 87
Newspaper Clippings 2024
08
INTEGRITY OUR PILLAR 93 Corporate Governance Initiatives Integrity Reports 94 Yayasan Sabah Group Anti-Corruption Plan 94 Implementation of The Good Regulatory Practice Policy 95 Yayasan Sabah Group Gift Acceptance Policy 95 Corporate Governance Charter 96 Internal Audit
PROFILE
Director of Yayasan Sabah Executive Chairman of Innoprise Corporation Sdn. Bhd.
07 08
ADVANCING HUMAN ADVANCING HUMAN CAPITAL & SUSTAINABILITY CAPITAL & SUSTAINABILITY Sabah Maju Jaya Sabah Maju Jaya 111 - 114 121 - 124 Development Plan 1.0 : 2021-2025 Development Plan 1.0 : 2021-2025
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12 12
HOW WE ARE GOVERNED Corporate Structure Yayasan Sabah Board of Trustees ICSB Board of Directors Management Team
13 14 15 16
COMMERCIAL UNDERTAKINGS COMMERCIAL UNDERTAKINGS 181 - 186 185 - 190
05 07
AWARDS & RECOGNITIONS 2024
285 283 285 - 307 283 - 286
Commitment ToTo Occupational Commitment Occupational Safety && Health Safety Health OSH Committee OSH Committee Workplace Inspection Workplace Inspection
89 - 90
OUR PEOPLE OUR ASSET
Manpower Excellent Service Award Silver Jubilee Award Appreciation Award Majlis Bersama Jabatan Human Resource Development
TOWARDS A SAFE & HEALTHY TOWARDS A SAFE & HEALTHY WORKING ENVIRONMENT WORKING ENVIRONMENT
19 - 47
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98 99 - 101 102 103 - 106 107 - 108 109
Education Empowers; Knowledge Enriches Education Empowers; Knowledge Enriches Education - The Best Investment forfor Education - The Best Investment 117 128 Human Capital Human Capital Child Development Child Development 118 - 121 129 - 132 Education Sponsorship Education Sponsorship 122 - 129 133 - 139 Education Loan Collection Education Loan Collection 130 140 Kolej Teknologi Yayasan Sabah Kolej Teknologi Yayasan Sabah 132 - 136 141 - 144 University College Sabah Foundation University College Sabah Foundation 138 - 142 145 - 149 TunTun Haji Mohd. Fuad Stephens Borneo Haji Mohd. Fuad Stephens Borneo143 - 150 151 - 156 Research Library Research Library
Enhancing Rural Community Capacities Enhancing Rural Community Capacities Social Development Programmes Social Development Programmes Pusat Kraftangan Sabah Pusat Kraftangan Sabah
152 - 170 158 - 174 171 178 175 - 183
14 14 13 13
SNAPSHOTS 2024 Corporate Events 2024
Innoprise Corporation Sdn. Bhd. Innoprise Corporation Sdn. Bhd.
SOCIAL PROGRAMMES SOCIAL PROGRAMMES
15 15
FINANCIAL STATEMENTS FINANCIAL STATEMENTS
Stability Is The Pulse OfOf 309 - 455 Financial Stability Is The Pulse 292 - 437 Financial Organisational Continuity Organisational Continuity
TODAY’S HERITAGE TOMORROW’S HOPE TODAY’S HERITAGE TOMORROW’S HOPE Yayasan Sabah Conservation Area Yayasan Sabah Conservation Area Danum Valley Conservation Area Danum Valley Conservation Area Maliau Basin Conservation Area Maliau Basin Conservation Area Imbak Canyon Conservation Area Imbak Canyon Conservation Area Taliwas River Conservation Area Taliwas River Conservation Area Silam Coast Conservation Area Silam Coast Conservation Area INFAPRO INFAPRO INIKEA INIKEA Sabah Nature Club Sabah Nature Club
189 - 192 193 - 194 194 - 205 195 - 205 206 217 206 - 217 218 - 231 219 - 230 232 - 243 231 - 241 244 253 243 - 251 254 - 262 252 - 261 264 274 262 - 272 275 - 283 273 - 280
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MOVING FORWARD MOVING FORWARD Shaping A Brighter Future Shaping A Brighter Future
456 439
*For detailed information on our consolidated financial statements, please refer to the Annual Report available on our website. You can access it at https://www.yayasansabahgroup.org.my
Message Chief Minister of Sabah/ Chairman of Yayasan Sabah Board of Trustees Assalamualaikum Warahmatullahi Wabarakatuh, Salam Malaysia Madani, and Salam Sabah Maju Jaya. The Yayasan Sabah Group has been a driving force in transforming the lives of the people of Sabah for close to six decades, leaving an indelible mark in shaping Sabah's economy, society, and education and paving the way for a brighter future. As we look back on this incredible journey and the achievements we have made, we will steadfastly move forward to do better. We will continue to push boundaries with focus, ensuring our vision and mission align with Sabah's development roadmap, the Hala Tuju Sabah Maju Jaya. We will strive with a firm resolve to take the Group into the next decade and beyond, creating lasting change for our future generations. To the Board of Trustees, Management and staff of the Group, thank you for your passion, resilience, commitment and dedication to ensure the Group's success. I offer you my best wishes for continued growth and success.
Key
Messages
DATUK SERI PANGLIMA HAJI HAJIJI BIN HAJI NOOR
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Message
Executive Chairman of Innoprise Corporation Sdn. Bhd.
Message Director of Yayasan Sabah
Assalamualaikum Warahmatullahi Wabarakatuh, Salam Sejahtera, and Salam Sabah Maju Jaya.
Assalamualaikum Warahmatullahi Wabarakatuh, Salam Sejahtera and Salam Sabah Maju Jaya.
Aligned with the strategic vision of Hala Tuju Sabah Maju Jaya, our collective efforts, led by the visionary Director of Yayasan Sabah, Yang Berhormat Dato' Sri Haji Gulamhaidar bin Khan Bahadar, and supported by our dedicated Management Team, have positioned us for unparalleled growth and commercial success.
Welcome to the Yayasan Sabah Group Annual Report 2024. This report is more than just a reflection of our achievements. It is a testament to our relentless dedication to shaping a brighter, more prosperous future for the people of Sabah.
This unwavering commitment has driven Innoprise Corporation Sdn. Bhd. (ICSB), the investment arm of the Group, into a new era of commercial excellence and resilience. With a sharp focus on expanding our business horizons and enhancing existing ventures, we are not just pursuing financial growth; we are committed to building a sustainable and profitable future that directly benefits the people of Sabah.
Under the leadership of the Yayasan Sabah Board of Trustees, led by the esteemed Yang Amat Berhormat Datuk Seri Panglima Haji Hajiji bin Haji Noor, we have achieved significant milestones in operational excellence and financial growth. A key achievement is receiving the National Audit Department's Certificate for Unmodified Opinion (Consolidated Financial Statements) for three consecutive years (2021-2023), reflecting our commitment to sound financial management and accounting practices.
ICSB will continue to expand its commercial activities aggressively, optimise existing businesses, and maximise revenue generation. Our goal is clear: to ensure that every step we take leads to stronger financial returns, which, in turn, will fuel our development initiatives and positively impact Sabah's economy.
Guided by our core principle, "Developing People Towards Progress," we remain steadfast in enriching lives for a sustainable future and drive our education, community development, and social empowerment efforts. Through scholarships, loans, and community initiatives, we continue to elevate the quality of life for all, empowering the next generation to lead and innovate.
The success of ICSB is a direct result of our strategic investments and robust business efforts. The financial dividends we generate are a powerful proof of our commitment to commercial growth and, more importantly, as a vehicle to deliver tangible benefits to the people of Sabah.
As we move forward, we remain dedicated to sustainable solutions, upholding our accountability to the people of Sabah. Our passion and vision have defined our journey for nearly six decades, and we remain committed to making a lasting impact.
We remain focused on holistic progress and long-term prosperity by strategically aligning our resources and reinvesting profits into scalable initiatives. This collaborative effort ensures that our achievements are not just individual milestones but collective triumphs that enhance the lives of our communities.
To the Board of Trustees, Board of Directors, Management, and every member of our invaluable team, you are the driving force behind this success. Your tireless dedication and alignment with our core values ensure that we continue to make a lasting impact. I also express our deepest gratitude to everyone involved in making this report possible.
To our stakeholders, partners, Management Team, and staff, your unwavering support continues to be the cornerstone of our success. Your dedication strengthens our resolve as we chart an ambitious course toward even greater achievements.
We present to you the Yayasan Sabah Group Annual Report 2024.
In conclusion, I extend my heartfelt appreciation for your continued trust and commitment. Together, we will achieve new heights of success, creating a future of prosperity for Sabah and its people. Thank you.
DATO' SRI HAJI GULAMHAIDAR @ YUSOF BIN KHAN BAHADAR, JP
DATUK JASNIH BIN DAYA 01 3
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Profile
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Profile
Profile YB DATO' SRI HAJI GULAMHAIDAR @ YUSOF BIN KHAN BAHADAR, JP
YB DATUK JASNIH BIN DAYA Executive Chairman of ICSB
Director of Yayasan Sabah
Early Career and Rise at BERNAS YB Datuk Jasnih's professional journey began at PadiBeras Nasional Berhad (BERNAS), where he quickly made a mark. After graduating, he joined the Young Managers Programme and embarked on an extensive career in the international trade industry. His expertise in import and export operations was honed through his dealings with key Asian markets, including Vietnam, Myanmar, India, and Pakistan.
Political Career and Public Service
Since taking the reins of Yayasan Sabah on 2 November 2020, YB Dato’ Sri Haji Gulamhaidar @ Yusof bin Khan Bahadar has made significant strides in fulfilling its commitments, focusing on educational initiatives and community development. His strategic vision and dedication have been pivotal in driving the Group’s mission forward.
YB Dato’ Sri Haji Gulamhaidar’s dedication to public service saw him contest the Sabah State Election for the Kawang (N28) constituency in 2004. Since then, he has been a steadfast Sabah State Legislative Assembly member, passionately representing the Kawang constituency for over two decades.
Leadership and Board Memberships His leadership extends beyond his political career. YB Dato’ Sri Haji Gulamhaidar has chaired the Board of Directors of Innovation Papua New Guinea Ltd., a subsidiary of Innoprise Corporation Sdn. Bhd. (ICSB), until 2008. His commitment to public service saw him return to government roles, serving as Sabah Local Government and Housing Assistant Minister and Sabah Infrastructure Development Assistant Minister.
Since assuming the role of Executive Chairman at Innoprise Corporation Sdn. Bhd. (ICSB) on 26 January 2023, YB Datuk Jasnih bin Daya brought the company a wealth of experience and strategic insight. His career trajectory is a testament to his leadership and versatility across corporate and public sectors.
Recognising his adaptability and skill, BERNAS transitioned him to the domestic trade sector, specifically focusing on the East Malaysia (Sabah & Sarawak) Rice Business Sector. His exemplary performance promoted him to Manager and Head of the Shipping and Claims Unit (Import & Trading) at BERNAS Kuala Lumpur. In 2004, he further solidified his reputation by coordinating the BERNAS Special International Project, notably the Myanmar Special Project Procurement Executive Project.
Corporate Leadership and Public Sector Contributions A seamless corporate acumen and public service blend characterises YB Datuk Jasnih's career. After excelling in various roles within BERNAS, including General Manager of BERNAS Sabah, he transitioned to the public sector. In 2015, he was appointed as a Board of Director for the Housing and Urban Development Board (LPBB), a government-linked agency, before returning to the corporate world in 2017 as the Non-Executive Chairman of Sazarice Sdn. Bhd.
Currently, YB Dato’ Sri Haji Gulamhaidar holds significant positions on the boards of several key subsidiaries of ICSB. These include Sabah Softwoods Berhad, Innoprise Plantations Berhad, Regional Harvest Sdn. Bhd., Sabah Softwoods Hybrid Fertiliser Sdn. Bhd., and Serijaya Industri Sdn. Bhd. His extensive involvement underscores his pivotal role in these organisations and highlights his dedication to the business community.
Political Career and Recent Leadership at ICSB In 2020, YB Datuk Jasnih contested and won the Sabah State Election for the Pantai Dalit (N13) constituency. His victory led to his appointment as Assistant Minister of Finance, a role he held until early 2023. His leadership at ICSB began soon after, marking another significant milestone in his distinguished career.
Educational Background In addition to his impressive career, YB Dato’ Sri Haji Gulamhaidar is academically accomplished, holding a Professional Master's Analyst in Political Science from Open University Malaysia (OUM). His distinguished academic background also includes a Bachelor's degree in Human Resource Management from the University of Florida, USA, and MBA in Human Resource Management from Berkeley International University of California. His academic qualifications complement his extensive professional experience, marking him as a leader with both practical and theoretical expertise.
Board Memberships and Ongoing Contributions YB Datuk Jasnih's influence extends across multiple organisations. He serves as a Board Member for Innoprise Plantations Berhad and Serijaya Industri Sdn. Bhd., all subsidiaries of ICSB. These roles highlight his extensive experience and unwavering commitment to the business community.
Educational Background YB Datuk Jasnih holds a Bachelor's in Science Economics from Indiana State University, Terre Haute, Indiana, USA. His academic foundation and diverse professional experience underscores his capability and vision as a leader. 05 7
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Our
Group At A Glance
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OUR GROUP AT A GLANCE
How We Are
Governed
VISION A Dynamic, People Oriented, Committed and Caring Organisation.
MISSION To uplift the quality of life of Malaysians in Sabah.
OBJECTIVES •
• To give deeper and broader emphasis on the advancement of education;
The relief of • poverty; and
The undertaking of charitable activities.
ROLE Supplementing and complementing the state and federal government in the development of Sabah in particular and Malaysia in general.
FUNCTION A strategic development vehicle of Sabah State Goverment.
CORE VALUES • • •
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Honest Dynamic Result
• • •
Committed • Firm • Oriented
Caring Resilient
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How We Are Governed
Corporate Structure (as of 31 December 2024)
How We Are Governed
- Yayasan Sabah Board of Trustees (as of 31 December 2024)
Sabah State Government
YAB DATUK SERI PANGLIMA HAJI HAJIJI BIN HAJI NOOR Chief Minister of Sabah Chairman
Yayasan Sabah
YB DATUK SERI PANGLIMA Dr. JEFFREY G. DATUK KITINGAN, JP
Sapangar Sdn. Bhd.
Borneo Refugia Adventure Sdn. Bhd.
Innoprise Corporation Sdn. Bhd.
KKYS Sdn. Bhd.
UNI YS Sdn. Bhd.
Deputy Chief Minister I/Minister of Agriculture, Fisheries and Food Industry Sabah Member
YBHG. DATUK HAJI RAISIN BIN SAIDIN
Director Sabah Education Department Member
YB DATUK SERI PANGLIMA Sr. HAJI SAFAR BIN UNTONG, JP
YBHG. DATUK MOHD. HANAFIAH BIN MOHD. KASSIM
YBHG. DATUK FREDERICK KUGAN Chief Conservator of Forests Sabah
Member
Permanent Secretary Ministry of Science, Technology and Innovation Sabah Member
YBHG. DATUK SERI PANGLIMA HAJAH AZIZAH BINTI HAJI MOHD. DUN
YBHG. DATUK Dr. HAJAH JAINAB BINTI DATUK SERI PANGLIMA HAJI AHMAD AYID
YBHG. DATUK Dr. OSMAN @ OTHMAN BIN MINUDIN
State Secretary of Sabah
Member
Member
Member
Member
ENCIK HANAFIAH BIN DIMAN
Secretary The Board of Trustees of Yayasan Sabah cum Corporate Secretary 13
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How We Are Governed - Management Team
How We Are Governed
ICSB Board of Directors (as of 31 December 2024)
(as of 31 December 2024)
YB Dato’ Sri Haji Gulamhaidar @ Yusof bin Khan Bahadar, JP Director Yayasan Sabah (YS)
YB DATUK JASNIH BIN DAYA
Encik Hanafiah bin Diman
Executive Chairman
Corporate Secretary Yayasan Sabah
Encik Joshua Ho Yee En, JP
YB DATO’ SRI HAJI GULAMHAIDAR @ YUSOF BIN KHAN BAHADAR, JP Member
YBHG. DATUK FREDERICK KUGAN
YBHG. DATUK Dr. HAJAH ROSMAWATI HAJI LASUKI, JP
ENCIK JOSHUA HO YEE EN, JP
Member
Member
Member
Puan Halijah binti Haji Laini
Chief Coordinator of Zone Administration
Group Manager Conservation and Environmental Management Division
Puan Hajah Ainahwati binti Haji Abdul Sani
Encik Mohd. Sharuddin bin Mohd. Wali
Encik Sam S. Karnail
Encik Zainudin bin Saridi
Puan Rosmini Simin
Group Manager Internal Audit Division (YS/ICSB)
Group Manager Education Loan Collection Division
Group Manager Corporate Communications Division
Chief Librarian Tun Haji Mohd. Fuad Stephens Borneo Research Library
Group Manager Child Development Division
Puan Bahiwata Sayangan Haji Mulia
Dr. Yap Sau Wai
Dr. Li Fui Yee @ Esther
Puan Jocelyn Chong Fung Ken
Tuan Ir. Haji Rohan bin Haji Ahmat
Puan Vivian Evans
Tuan Haji Budirman bin Daud
Encik Midin Haji Asli
Group Manager Research Division
Group Manager Pusat Kraftangan Sabah
Group Manager Information & Communication Technology Division
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Encik Zulkhairi Haji Ismail
Dr. Waidi Sinun
Puan Ramsina Hansaram
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Chief Operating Officer Innoprise Corporation Sdn. Bhd.
Group Manager Human Resource & Administration Division (YS/ICSB)
Group Manager Energy & Facilities Division
Senior Company Secretary
Encik Douglas J. Joinol
Group Manager Accounts & Financial Services Division (YS/ICSB)
Group Manager Education Development Division
PUAN JOCELYN CHONG FUNG KEN
YB Datuk Jasnih bin Daya Executive Chairman Innoprise Corporation Sdn. Bhd. (ICSB)
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Group Manager Forestry Division
Group Manager Corporate Business Development Division
Encik Awangku Nazaruddin bin Datuk Pg. Hussien Group Manager Real Estate Division
Senior Company Secretary
Group Manager Integrity & Enrichment Division
Puan Anica Jamui
Legal Manager Legal Division (YS/ICSB)
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Snapshots 2024
SNAPSHOTS 2024 13 January
Exhibition in conjunction with the Mobile Community Services Programme organised by the Sabah Federal Treasury at SK Tompios, Ranau.
14 January
Exhibition in conjunction with the Mobile Community Services Programme organised by the Sabah Federal Treasury at Kg. Tibabar, Ranau.
18 January
Dividend Presentation by Kimanis Power Sdn. Bhd. to NRG Consortium (Sabah) Sdn. Bhd. at the Menara Kinabalu.
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23 January
18 January
Visit from SK Umas, Tawau at the Menara Tun Mustapha.
Signing Ceremony of The Agreement and Seminar on The Bio-Prospect Project & Development of Wild Fungi, Wild Ginger and Medicinal & Aromatic Plants (TUB) at the Sabah International Convention Centre.
19 January
24 January
Visit from SJK (C) Yue Min Penampang at the Menara Tun Mustapha.
Visit from Selangor Malay Customs and Heritage Corporation (PADAT) at the Pusat Kraftangan Sabah, Keningau.
22 January
24 January
Visit from Selangor State Government EXCO Wives to the Pusat Kraftangan Sabah, Keningau.
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U-Library Workshop at the Tun Haji Mohd. Fuad Stephens Borneo Research Library, Menara Tun Mustapha.
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25 January
Exhibition in conjunction with the Malaysia Sustainable Development Goals (SDG) Summit at the Sabah International Convention Centre.
28 January
Exhibition in conjunction with the Mobile Community Services Programme organised by the Sabah Federal Treasury at Sri Gum-Gum Hall, Sandakan.
30 January
Yayasan Sabah Group Contributes to Fire Victims at Kg. Pirasan, Kota Belud.
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31 January
The Sabah State Education Fund (TPNS) Presentation Ceremony at the Ministry of Science, Technology & Innovation Sabah, Wisma Bandaraya, Kota Kinabalu.
1 February
Visit from SK Sumbiling, Bongawan, Papar at the Menara Tun Mustapha.
3 February
The 40th Yayasan Sabah Group Preschool Certificate Presentation Ceremony and Concert at the Tun Ahmad Raffae Auditorium, Menara Tun Mustapha.
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8 February
5 February
Dividend Presentation by Innoprise Capital Sdn. Bhd. to Innoprise Corporation Sdn. Bhd. at the Wisma Innoprise.
Signing Ceremony of the Agreement between University College Sabah Foundation and Universiti Teknologi PETRONAS at the Menara Kinabalu.
8 February
5 February
Visit from SK Bukit Quoin, Tawau at the Menara Tun Mustapha.
Majlis Bersama Jabatan (MBJ) Meeting at the Menara Tun Mustapha.
7 February
16 February
Yayasan Sabah Group Awards Night at the Sabah International Convention Centre.
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Program Santai Sunset organised by Kelab Rekreasi Kumpulan Yayasan Sabah at the Menara Tun Mustapha.
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17 February
Exhibition in conjunction with the Mobile Community Services Programme organised by the Sabah Federal Treasury at Kg. Alutok, Tenom.
19 February
Presentation of Certificate of Appreciation by Director of Yayasan Sabah to Usahawan Borneo Greenwood Sdn. Bhd. at the Wisma Innoprise.
21 February
Visit by the Director of Yayasan Sabah to the Child Development Division.
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22 February
Shooting Training Session, Permit and Weapon License Renewal for 2024-2025 at the Royal Malaysian Police (PDRM) Shooting Range, Lok Kawi.
23 February
Breast Cancer and Breast Filler Awareness Talk at the Menara Tun Mustapha.
25 February
Men’s Open Futsal Championship Series 1 organised by Innoprise Capital Sdn. Bhd. at the Tun Adnan Sports Complex.
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26 February
6 March
The Sabah State Education Fund (TPNS) Presentation Ceremony at the Ministry of Science, Technology & Innovation Sabah, Wisma Bandaraya, Kota Kinabalu.
E-Borneo Portal Workshop at the Menara Tun Mustapha.
1 March
8 March
MoA and MoU Signing Ceremony between D’Heritage Sdn. Bhd., Hotels and Institute of Higher Learning in Sabah at the Sabah International Convention Centre.
MoU Signing Ceremony between Kolej Teknologi Yayasan Sabah, Sabah State Water Department and PBA Resources Sdn. Bhd. at the Shangri-La Tanjung Aru, Kota Kinabalu.
5 March
12 March
Visit by the Executive Chairman of Innoprise Corporation Sdn. Bhd. to Norsechem (Sabah) Sdn. Bhd., Sandakan.
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Briefing on Exporting Sabah-Made Products to China under the Global Entrepreneur One Stop Centre (GLOPEC) Programme at the Menara Tun Mustapha.
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14 March
Ramadan Talk organised by Badan Amal Kebajikan Islam Kumpulan Yayasan Sabah at the Tun Hamdan Theatre, Menara Tun Mustapha.
18 March
Breaking of Fast at Kg. Mentulud Mosque, Beaufort.
19 March
Breaking of Fast at Diman Kusin Mosque, Kg. Indarason Laut, Matunggong.
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22 March
Breaking of Fast at Nur Ain Mosque, Kg. Tambun Rikut, Kota Marudu.
22 March
Breaking of Fast at Kg. Luanti Baru, Ranau.
Breaking of Fast at Nur Syuhada Mosque, Kg. Sungai Nangka, Beluran.
Breaking of Fast at Nur Ihsan Mosque, Kg. Binuang, Lahad Datu.
Breaking of Fast-Chief Minister of Sabah with Sabah Students Studying at the Institutions of Higher Learning in Peninsular Malaysia at the Setia SPICE Convention Centre, Pulau Pinang.
24 March
25 March
Breaking of Fast at Baitul Rahman Mosque Sungai Damit N.14 Tamparuli.
22 March
25
25 March
23 March
Program Kasih Ramadan organised by the Tun Haji Mohd. Fuad Stephens Borneo Research Library at the Rumah Anak Kesayangan Sabah, Sembulan.
25 March
26 March
Breaking of Fast at Surau Kg. Purun, Kuala Penyu.
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Breaking of Fast at Surau Kg. Sungai Bubus, Sipitang.
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26 March
Breaking of Fast-Minister of Science, Technology and Innovation of Sabah with Sabah Students Studying at the Institutions of Higher Learning in Peninsular Malaysia at the Amansari Residence Resort, Johor.
26 March
Breaking of Fast at Babulrahman Mosque Kg. Sinulihan, Sook, Keningau.
28 March
Ramadan Talk & Distribution of Bubur Lambuk organised by Badan Amal Kebajikan Islam Yayasan Sabah at the Tun Hamdan Theatre & Podium, Menara Tun Mustapha.
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1 April
Breaking of Fast at Al Jannah Mosque, Kg. Batangan Baru, Dalit Beach, Tuaran.
2 April
Breaking of Fast at Tun Hamdan Mosque, Kg. Selupoh, Tuaran.
4 April
Briefing for Parents organised by the Child Development Division at the Menara Tun Mustapha.
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23 April
4 April
Handing Over of Hari Raya Goodies to Security Forces and Medical Frontliners by Chief Minister of Sabah at the Menara Kinabalu.
Program Jom Baca Bersama organised by the Tun Haji Mohd. Fuad Stephens Borneo Research Library at the Home Tuaran Rumah Anak Yatim & Maahad Tahfiz, Tuaran.
4 April
25 April
Breaking of Fast at Kampung Kuala Mosque, Papar.
Aidilfitiri Open House organised by the Child Development Division at the Tadika Ria Building.
2 May
4 April
Taste of the World Ramadan Dinner Buffet of Sabah International Convention Centre is recognised and recorded as the Maximum Dishes of International Cuisines by the Asia Book of Records .
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The Seminar of INIKEA Resources and Wildlife Survey at the Shangri-La Tanjung Aru, Kota Kinabalu.
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2 May
Aidilfitri Open House organised by the Education Development Division in collaboration with Badan Kebajikan Islam Kumpulan Yayasan Sabah & Kelab Rekreasi Kumpulan Yayasan Sabah at the Auditorium Tun Ahmad Raffae, Menara Tun Mustapha.
6 May
Senior Management Quarterly Meeting at the Wisma Innoprise.
7 May
Yayasan Sabah Group In-House Golf Tournament at the NEXUS Karambunai Resort & Spa.
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7-9 May
Senior Management and Subsidiaries of Innoprise Corporation Sdn. Bhd. Retreat at the Nexus Resort & Spa Karambunai.
10 May
Majlis Bersama Jabatan (MBJ) Meeting at the Menara Tun Mustapha.
10 May
Interior South Zone’s Hari Raya Celebration at the Bangunan Beaufort Jaya, Beaufort.
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12 May
16 May
Exhibition in conjunction with the Mobile Community Services Programme organised by the Sabah Federal Treasury at SK Magandai, Kota Marudu.
Key Performance Index (KPI) Workshop at the Menara Tun Mustapha.
16 May
13-26 May
Maliau Basin Conservation Area Wildlife and Resource Survey.
Sodop Unduk Ngadau Penampang 2024 featuring Batik Bayu at the Putera Ballroom, Bukit Padang.
20 May
14 May
Courtesy Visit by Yayasan Sarawak at the Sabah International Convention Centre.
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Basic Bouquet Arrangement Course at Kg. Jabang, Beaufort.
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21 May
The Sabah State Education Fund (TPNS) Presentation Ceremony at the Ministry of Science, Technology & Innovation Sabah, Wisma Bandaraya, Kota Kinabalu.
21 May
Online Public Access Catalogue (OPAC) & u-Pustaka Library Workshop at SMK Pekan II, Kota Belud.
29 May
Basic Flower Arrangement Course Programme at Kg. Siaun, Menumbok.
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5 June
Blood Donation Programme at the Tun Hamdan Theatre Foyer, Menara Tun Mustapha.
5 June
Visit from Yayasan Pahang at the Menara Tun Mustapha.
6 June
Basic Technique Course on Noodle Making at Kg. Sungai Tiga Sipitang.
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21 June
11 June
Student Motivational Talk: “Let’s Study at UCSF, KTYS” and Yayasan Sabah Group Educational Sponsorship Opportunities at SMK Kanibongan, Pitas.
Sabah Japan ESG Forum at the Hyatt Centric, Kota Kinabalu.
12 June
21 June
OPAC & u-Pustaka Library Workshop at SMK Sri Nangka, Tuaran.
Opening Meeting for Management Audit of Innoprise Corporation Sdn. Bhd. at the Wisma Innoprise.
20 June
22 June
OPAC & u-Pustaka Library Workshop at SM Agama Negeri Islamiah, Papar.
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Exhibition in conjunction with the Mobile Community Services Programme organised by the Sabah Federal Treasury at Kg. Pahu, Tambunan.
YSG 2023 YSGAnnual AnnualReport Report 2024
25 June
Yayasan Sabah Group Special Assistant Scheme Presentation Ceremony at SK Kampung Bambangan, Membakut.
29 June
Basic Flower Arrangement Course at Kg. Tombol, Kota Belud.
29 June
The 39th Sports Day organised by the Child Development Division and the Parent-Teacher Association at the Tun Adnan Sports Complex.
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2 July
Launching Ceremony of Sabah Education Sponsorship Portal at the Menara Kinabalu.
3 July
Annual General Meeting of Badan Kebajikan Islam Kumpulan Yayasan Sabah 2024-2025 at the Menara Tun Mustapha.
4 July
Yayasan Sabah Group Contributes to Flood Victims at Alam Mesra.
31 33
4 July
6 July
Yayasan Sabah Group Contributes to Staff Affected by Flood at the Tun Ahmad Raffae Auditorium Foyer, Menara Tun Mustapha.
Video Editing and Photoshop Basic Skills Course at the National Information Dissemination Centre, Kudat.
11 July
4 July
SPM Student Excellence Motivation Programme at SMK Gadong, Beaufort.
Basic Techniques Course on Processing Soybean Milk and Laksa Noodles at the SNS Training Centre, Aniq Mee Factory, Kg. Lumat, Jalan Safoda, Membakut.
18 July
5 July
Sabah State Education Fund (TPNS) Assistance Presentation Ceremony at the Sabah International Convention Centre.
Annual Report2024 2023 YSGYSG Annual Report
Yayasan Sabah Group Contributes to Fire Victims of Kg. Linsuk, Putatan.
YSG 2023 YSGAnnual AnnualReport Report 2024
19 July
Launching of Publication Materials by the Child Development Division at the Tun Hamdan Theatre, Menara Tun Mustapha.
20 July
Exhibition in conjunction with the Mobile Community Services Programme organised by the Sabah Federal Treasury at SK Kanibongan, Pitas.
21 July
Reflexology Health Therapy Course at Anya Cafe Mini Hall, Kota Marudu.
32 34
23 July
Basic Technique Course on Bun Making at Kg. Jangkit, Kuala Penyu.
25 July
Courtesy Call to the Director of Yayasan Sabah from Lembaga Tabung Haji at the Menara Tun Mustapha.
26 July
Yayasan Sabah Group Special Assistance Scheme Presentation Ceremony at SMK Taman Ria, Telipok.
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2 August
26 July
Yayasan Sabah Group Contributes to Staff Affected by Flood at the Tun Ahmad Raffae Auditorium Foyer, Menara Tun Mustapha.
Courtesy Call to the Director of Yayasan Sabah from Construction Industry Development Board Malaysia at the Menara Tun Mustapha.
3 August
27 July
Men’s Open Futsal Championship 4th Series organised by Innoprise Capital Sdn. Bhd. at the Tun Adnan Sports Complex.
Fire Safety Talk and Drill Training at the Tadika Ria Building, Yayasan Sabah Group.
6 August
30 July
Basic Technique Course on Noodle Making at Kg. Buang Sayang 2, Papar.
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The 35th Sabah State Scholarship Award of Excellence Ceremony at the Sabah International Convention Centre.
YSG 2023 YSGAnnual AnnualReport Report 2024
7 August
Dividend Presentation from ICSB to Sabah State Government & Yayasan Sabah at the Menara Kinabalu.
8 August
Yayasan Sabah Group’s Special Assistance Scheme Presentation Ceremony at SK Pekan Kimanis, Papar.
10 August
The 3rd University College Sabah Foundation Convocation Ceremony at the Sabah International Convention Centre.
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12 August
Handing Over of Safety Vest and Wheelchair at the Menara Tun Mustapha.
13 August
Majlis Bersama Jabatan (MBJ) Meeting at the Menara Tun Mustapha.
13 August
Yayasan Sabah Group’s Special Assistance Scheme and Secondary Scholarship Presentation Ceremony at the District Education Office, Kota Marudu.
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15 August
16-18 August
Exhibition in conjunction with the Mobile Community Services Programme organised by the Sabah Federal Treasury at Matunggong.
Perdana Camp Programme: Integrated Leadership Camp at the Sabah Co-Curriculum Centre, Malangang Camp, Kiulu.
17 August
15 August
Yayasan Sabah Group’s Special Assistance Scheme Presentation Ceremony at SK Kuala, Papar.
Exhibition in conjunction with the Mobile Community Services Programme organised by the Sabah Federal Treasury at Bangi Island, Kudat.
22 August
16 August
Yayasan Sabah Group’s Special Assistance Scheme and Secondary Scholarship Presentation at SMK Agama Tun Said, Kota Belud.
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MoA Signing Ceremony between Yayasan Sabah Group and Preferred by Nature at the Silam Coast Conservation Area, Lahad Datu.
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22 August
Yayasan Sabah Group’s Special Assistance Scheme Presentation Ceremony at SK Ladang Lumadan, Beaufort.
24 August
Men’s Open Futsal Grand Final Championship organised by Innoprise Capital Sdn. Bhd. at the Tun Adnan Sports Complex.
28 August
The Sabah State Education Fund (TPNS) Presentation Ceremony at the Ministry of Science, Technology & Innovation Sabah, Wisma Bandaraya, Kota Kinabalu.
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30 August
Briefing to the Yayasan Sabah Group Parade Contingent at the Multivision Room, Menara Tun Mustapha.
30 August
Courtesy Call to the Director of Yayasan Sabah from Malaysian Kuwaiti Investment Co. Sdn. Bhd. at the Sabah International Convention Centre.
31 August
National and Sabah Day Parade at Jalan Tun Fuad Stephens, Kota Kinabalu.
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12 September
3-15 September
Imbak Canyon Conservation Area Wildlife and Resources Survey at Tongod.
Occupational Safety and Health Month Opening Ceremony at the Tun Ahmad Raffae Auditorium, Menara Tun Mustapha.
16 September
4 September
Yayasan Sabah Group Special Assistance Scheme Presentation Ceremony at SK Kota Klias, Beaufort.
Parade in conjunction with the Maulidur Rasul Celebration at the Community Hall Kota Kinabalu.
7 September
23 September
Potential Day Celebration of the Yayasan Sabah Group Child Development Division at the Tun Hamdan Theatre, Menara Tun Mustapha.
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Sending Off Yayasan Sabah Group’s Sponsored Students under the Special Preparation Programme to the Middle East (Egypt) at the Kota Kinabalu International Airport.
YSG Annual Report 2024
24 September
SPM Answering Technique Workshop at SMK Membakut II.
24-26 September
Yayasan Sabah Group Emergency Response Team Competency Course at the Menara Tun Mustapha & Wisma Innoprise.
1 October
Motivational Talk and Presentation Ceremony of Yayasan Sabah Secondary Assistance Scheme at the Sri Libaran Hall, Sandakan.
40
2 October
Heads of Zone Administrators Meeting at the Livingston Hotel, Sandakan.
5 October
Parade in conjunction with the Birthday Celebration of Tuan Yang Terutama Yang di-Pertua Negeri Sabah at the Padang Merdeka, Kota Kinabalu.
10 October
Occupational Safety and Health Month Closing Ceremony at the Tun Ahmad Raffae Auditorium Foyer, Menara Tun Mustapha.
41
13-20 October
17 October
Temasya Sukan Setiausaha Kerajaan Negeri Se-Malaysia ke-9 (SUKSEM IX) at Terengganu.
Yayasan Sabah Group Special Assistant Scheme Presentation Ceremony at SK Kepapor, Kuala Penyu.
22 October
15 October
Governance, Integrity and Anti-Corruption Strengthening Module Course (MPGIA) at the Pusat Kraftangan Sabah, Keningau.
The Sabah State Education Fund (TPNS) Presentation Ceremony at the Menara Kinabalu.
16 October
24 October
SPM and MUET Answering Technique Workshop at SMAN Toh Puan Hajah Rahmah, Papar.
YSG Annual Report 2024
The Appreciation Ceremony for the Special Programme for Natives of Sabah (PKAN) and the Launching of the PKS Craft Fiesta at the Pusat Kraftangan Sabah, Keningau.
YSG Annual Report 2024
26-27 October
Yayasan Sabah Group In-House Badminton Tournament organised by Innoprise Capital Sdn. Bhd. at the Tun Adnan Sports Complex.
28 October
Cheque Presentation by Yayasan Sabah to Kolej Teknologi Yayasan Sabah at the Menara Kinabalu.
29 October
The 27th Kolej Teknologi Yayasan Sabah Convocation Ceremony at the Tun Ahmad Raffae Auditorium, Menara Tun Mustapha.
42
5 November
The Sabah State Education Fund (TPNS) Presentation Ceremony at the Wisma MUIS, Kota Kinabalu.
5-6 November
Fire Drill Training at the Tadika Ria Building, Yayasan Sabah and the Taska Kristal Ria, Sadong Jaya.
6 November
Dental Health Education Programme “Healthy Teeth, Happy Children” at SK Kogopon, Papar.
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12 November
7 November
Fire Drill Workshop at the Wisma Innoprise.
Groundbreaking Ceremony for the 100MW Power Plant Project Kimanis Power (Dua) Sdn. Bhd. & 15th Anniversary Celebration of Kimanis Power Sdn. Bhd., Papar.
14 November
7 November
Dental Health Education Programme “Healthy Teeth, Happy Children” at SK Kimanis, Papar.
The Seminar on Maliau Basin Conservation Area Wildlife & Resources Survey at the Shangri-La Tanjung Aru, Kota Kinabalu.
21 November
9 November
YSG Idol Singing Competition organised by Kelab Rekreasi Kumpulan Yayasan Sabah at the University College Sabah Foundation Hall.
Annual Report2024 2023 YSGYSG Annual Report
Yayasan Sabah Group Special Assistant Scheme Presentation Ceremony at SK Pelakat, Sipitang.
YSG Annual 2023 YSG AnnualReport Report 2024
26 November
Borneo Security Centre Sdn. Bhd. Award and Appreciation Ceremony at the Menara Tun Mustapha.
26 November
The Sabah State Education Fund (TPNS) Presentation Ceremony at the Ministry of Science, Technology & Innovation Sabah, Wisma Bandaraya, Kota Kinabalu.
26 November
Yayasan Sabah Group Special Assistance Scheme Presentation Ceremony at SK Gana, Papar.
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26 November
Dividend Presentation from Innoprise Corporation Sdn. Bhd. to Sabah State Government & Yayasan Sabah at the Magellan Sutera Harbour.
29 November
Uniformed Unit Prime Camp Programme at SK Tombongon, Kota Kinabalu.
30 November
Yayasan Sabah Group Special Assistance Scheme Presentation Ceremony at SK Pengalat Besar, Papar.
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6 December
1 December
The Islamic Youth Aspiration Programme at SMK Tulid, Sook, Keningau.
Welfare Programme organised by the Koperasi Pekerja Yayasan Sabah Berhad (KPYSB) and Ar-Rahnu at SMK St. Francis Convent.
9 December
3 December
Majlis Bersama Jabatan (MBJ) Meeting at the Menara Tun Mustapha.
Visit from Badan Kebajikan (BAKIB) dan Amal Institut Aminuddin Baki (IAB) at the Menara Tun Mustapha.
10 December
4 December
The State Education Assistance (TPNS) Presentation Ceremony at the Menara Kinabalu.
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Visit from SK Pengalat Besar, Papar at the Menara Tun Mustapha.
YSG 2023 YSGAnnual AnnualReport Report 2024
10 December
Visit from PUSPANITA Kota Kinabalu City Hall Branch (DBKK) at the Yayasan Sabah Group’s Child Development Division.
12-14 December
Imbak Canyon Conservation Area Open Day, Tongod.
19 December
Visit from SK Kemabong, Tenom at the Menara Tun Mustapha.
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19 December
Visit from SK Tunku, Lahad Datu at the Menara Tun Mustapha.
19 December
Christmas Celebration by Yayasan Sabah Group’s Child Development Division at the Tadika Ria.
19 December
Friendly Bowling Match between the Interior South Zone Office and Borneo Security Centre Sdn. Bhd. at the KK Galaxy Bowl, Centre Point.
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2024
YSG NEWS
JAN - DEC
IN THE
JANUARY
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FEBRUARY
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MARCH
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APRIL
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MAY
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JUNE
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JULY
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AUGUST
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SEPTEMBER
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OCTOBER
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NOVEMBER
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DECEMBER
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Awards & Recognitions 2024
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AWARDS & RECOGNITIONS 2024 Benta Wawasan Sdn. Bhd. ● Yayasan Sabah Group - The Best Company Award (Agro Plantation Sector) Borneo Rainforest Lodge ● Green Hotel 2024-2027 rated by the Ministry of Tourism, Arts and Culture Malaysia ● 5-Star Hotel 2024-2027 rated by the Ministry of Tourism, Arts and Culture Malaysia ● Global Sustainable Tourism Council Certification 2024-2027 by Vireo Sustainable Certification (M) Sdn. Bhd. ● Triumphed at the 14th Bornean Bird Festival 2024, emerging as the highly competitive 'Big Year' category champion ● Sabah Hospitality Fiesta Awards - Silver Award in P15 Black Box Category - Silver Award in P18 Engineering Challenge - Bronze Award in P13 Black Box : Chef de Partie (CDP) Category - Bronze Award in P17 Bed Making Challenge ● Winner of Borneo Bird Race in the Borneo Bird Festival ● World Luxury Hotel Awards - Global Winner in Luxury Wilderness Lodge - Global Winner in Luxury Eco Lodge - Country Winner : Malaysia in Luxury Sustainable Resort Borneo Security Centre Sdn. Bhd. ● Best Employees Award 2024 in Employees Below 50 Category by the Employee Provident Fund (EPF) ● The Best Participant Award in Certified Security Guards (CSG) training by Police Training Centre (PULAPOL) Kota Kinabalu - The Best Participant Award - The Best Marching Award - The Best Academic Award Innoprise Jungle Lodge Sdn. Bhd. ● Yayasan Sabah Group - The Best Company Award ("Environmental, Social & Governance" (ESG) Award : Tourism Sector) Innoprise Plantations Berhad ● Yayasan Sabah Group - The Best Company Award : - Chairman of The Yayasan Sabah Board of Trustes Award - "Environmental, Social & Governance" (ESG) Award : Agro Plantation Sector
Sabah Softwoods Berhad ● Yayasan Sabah Group - The Best Company Award (Highest Dividend Contributor) Shangri-La Tanjung Aru ● Yayasan Sabah Group - The Best Company Award (Tourism Sector) ● World MICE Award – Malaysia’s Best Incentive Hotel 2023 ● Trip 101 – Top 5 Beach Resorts in Kota Kinabalu, Malaysia ● Haute Grandeur Award - Best Eco-Friendly Hotel in Malaysia - Best Hotel View in Malaysia - Most Unique Guest Experience in Malaysia - Best Resort Services in Malaysia - Best Seaside Resort in Malaysia ● Tripexpert – 2024 Expert’s Choice Award YSG Bioscape Sdn.Bhd. ● Yayasan Sabah Group - The Best Company Award ("Environmental, Social & Governance" (ESG) Award : Other Sectors Category)
Kimanis Power Sdn. Bhd. ● Yayasan Sabah Group - The Best Company Award (Other Sectors Category) Kristal Handal Sdn. Bhd. ● Batik Bayu awarded Sabah Trusted Brand Award 2024 by the National Consumer Action Council Norsechem (SABAH) Sdn. Bhd. ● Certified Environmental Professional by the Department of Environment, Ministry of Natural Resources and Environmental Sustainability ● Yayasan Sabah Group - The Best Company Award : - "Environmental, Social & Governance" (ESG) Award : Forestry & Timber Sector - Forestry & Timber Sector Rakyat Berjaya Sdn. Bhd. ● Yayasan Sabah Group - The Best Company Award (Most Promising Company Award)
89
Sabah International Convention Centre ● SICC CEO, Datuk (Dr.) Hajah Rosmawati Haji Lasuki, was awarded the MACEOS Outstanding Contribution Award by Malaysian Association of Convention and Exhibition Organisers and Supplies (MACEOS) ● SICC Chef, Chef Mohd. Firdaous bin Mohd. Izhar, was awarded the Top Oustanding Master Chef Award 2024 (International Cuisine Category) during the World Top Gourmet Awards ● The MICE Venue of The Year Award by Sabah Top Achievers 2024 ● The BrandLaureate Best Brand Award 2024 – Nation’s Pride ● The Taste of the World Ramadan Dinner Buffet in the Asia Book of Records ● The ASEAN MICE Venue Standard (Category Exhibition Venue) Award at the ASEAN Tourism Forum 2024 in Landmark Mekong Riverside Hotel, Vientiane, Laos ● Sabah Trusted Brand Award 2023, Consumer’s Choice Award 2024/2025 by the National Consumer Action Council ● ASEAN Tourism Awards, ASEAN MICE Standard Venue (Exhibition Venue) Award 2024-2026 ● ASEAN Tourism Standard 2024 - National Level of Meeting Room Category - National Level of Exhibition Venue Category ● SICC CEO, Datuk (Dr.) Hajah Rosmawati Haji Lasuki, was awarded the Masterclass Women CEO of the Year by Top Achievers 2024 ● SICC CEO, Datuk (Dr.) Hajah Rosmawati Haji Lasuki, was awarded Top 50 Professional & Career Women Global Award ● Best ASEAN Convention Centre 2025 by ASEAN Tourism Association (ASEANTA) ● Yayasan Sabah Group - The Best Company Award (Most Innovative Company Award)
YSG Annual Report 2024
Child Development Division ● The Headmistress, Florence Yap was awarded the “Sabah Literary Prize” in the Children’s Picture Book Category by Dewan Bahasa dan Pustaka. Research Division ● The Group Manager, Dr. Yap Sau Wai, was awarded the Gold Award Winner in the Career Leadership (Science & Technology) category at the 14th Top 50 Professional & Career Women Global Awards 2024 The Group ● Yayasan Sabah Group won the second runner-up in the 71st Sabah Head of State official birthday parade (Commercial/Private Sector Category) on 5 October 2024 at Padang Merdeka, Kota Kinabalu ● Awarded with Certificate for Unmodified Opinion Consolidated Financial Statement of Yayasan Sabah for three consecutive years (2021 to 2023) by the National Audit Department of Sabah
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Integrity Our Pillar
89
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CORPORATE GOVERNANCE INITIATIVES
Yayasan Sabah Group Anti-Corruption Plan
Being an organisation entrusted by the State Government to bring about socio-economic change for the people, the Group is committed to leading the way towards good corporate governance practices.
The Group’s Anti-Corruption Plan is in transitioning process towards Organisation Anti Corruption Strategy (OACS).
Toward this end, the Group has placed efforts in strengthening integrity practices within the organisation, which aligns with the government's drive, by negating bribery, embezzlement, power abuse, fraud, and other negative factors that hinder the development of an organisation.
The provisions in the Plan are meant to encourage business and other activities in the Group to be carried out in a corruption-free environment, to encourage the Heads of Division/Zone/Unit to take adequate measures to prevent corruption in their respective offices and promote better corporate governance and legal compliance.
With integrity firmly in place, the Group is committed to achieving its goal of improving the quality of life of the people efficiently and expeditiously.
Integrity Reports
Implementation of the Good Regulatory Practice Policy
The Group complies with the requirements of the Sabah State Government and the Malaysian AntiCorruption Commission (MACC). The Group provides two main reports: •
Quarterly reporting of Integrity Activities through the Agency Integrity Management System (AIMS). This system is monitored by the MACC.
•
Integrity Report and Anti-Corruption Plan Development/Implementation Status Report. This report is submitted quarterly to the office of the Deputy State Secretary (Administration) as Secretary to the Anti-Corruption Committee meeting of the Chief Minister’s Department.
Effective 23 August 2021, the State Government issued the General Circular No. 1 of 2021 regarding implementing the State Policy on Good Regulatory Practice. A special team was formed at the Group level to manage changes by implementing the Policy. A Regulations Coordinator was also established to coordinate the Good Regulatory Practices (GRP) process, documentation, implementation monitoring, revising ordinances, enactment, regulations and guidelines, and enforcement. The GRP provides a systematic application of tools and procedures that the Management utilises to ensure that regulatory outcomes are effective, transparent, inclusive, and sustained. The Regulations Coordinator also functions as the Secretariat of the GRP Committee in the Group.
The Group is also a member of the Chief Minister's Department 2023-2027 Anti-Corruption Plan Performance Coordination Meeting, where each organisation must present their Anti-Corruption Plan Implementation Status Report.
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Yayasan Sabah Group Gift Acceptance Policy The Policy was approved on 1 December 2020. The Policy ensures that the Management and staff of the Group adhere to the organisation's code of conduct when giving or accepting gifts or other such tokens of appreciation. The Policy requires the Management and staff to demonstrate the highest standards of ethics and conduct regarding potential and existing vendors, suppliers, and customers. The Integrity and Enrichment Division is the Secretariat that implements the Policy.
“
The Group strives for the highest ethical standards, including doing what it says, sharing results accurately and transparently and adhering to all laws, rules, and regulations that govern the Group's operations. The Board recognises that good corporate governance is a means to an end, improving the Group's capacity to establish and achieve its goals. The Group believes that the following are the guiding principles of good corporate governance:
Fairness
Transparency
Accountability
Responsibility
Minority shareholders, investors, and other stakeholders are treated fairly and have their interests considered.
Disclosure of information - financial, organisational, governance and related transactions - are adequate and timely for stakeholders to assess the organisation's performance.
Senior Management is accountable to the Board of Directors for achieving plans and implementing approved policies that ensure the safeguarding of assets and the Group's financial viability. The Board of Directors are accountable to the shareholders and other stakeholders.
Clear lines of responsibility need to exist regarding delegations of authority and which actions or decisions require Board or shareholder approval. Responsibility must be attributed to having accountability for results.
Corporate Governance Charter The Group's business dealings are guided by Innoprise Corporation Sdn. Bhd. Corporate Governance Charter. The approval of the Charter by the Board of Directors, in conjunction with the Company's Memorandum and Articles of Association and the Malaysian Code on Corporate Governance, provides authority and practices for sound corporate governance.
Internal Audit The Group will continue developing effective risk oversight and management procedures to aid decision-making. This is accomplished by emphasising the action plans and controls adopted due to internal audit findings.
The Charter specifies the Group's governance structure, the internal regulations of the Board of Directors and its committees, and other essential matters. It directs the Board of Directors in carrying out their responsibility to monitor the Group's business for the benefit of shareholders.
Internal auditing gives insight into policies and procedures while assisting the Board and Management by checking internal controls such as operational effectiveness, risk mitigation controls, and compliance with applicable laws and regulations. The risks in question are not only compliance-related but also financial and operational. The Group Audit Committee is an independent observer, ensuring that the audit reports’ findings are free of conflicts of interest and recommending appropriate corrective actions.
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Our
People
Our
Asset MANPOWER
(31.9%) 389 Staff
(68.1%) 832 Staff
The Group remains the people's organisation that places employees welfare at the forefront of its operation. The Group continues to foster a positive work culture by empowering its staff to reach their full potential. The Group's commitment to employee welfare is reflected in its generous benefits, which include medical benefits, and retirement schemes. Additionally, the Group invests in training and development programmes to equip its employees with the skills they need to succeed.
Total Number of Staff : 1,221 Yayasan Sabah
YSG Annual Report 2024
Innoprise Corporation Sdn. Bhd.
98
EXCELLENT SERVICE AWARD 2024 The Excellent Service Award recognises staff who have delivered exceptional service to the organisation. Award recipients received a certificate, a performance prize of RM1,000, and opportunities for career advancement through self-development courses, seminars, or conferences that can improve work performance. Recipients are also prioritised for State honours.
Yayasan Sabah
NO. NAME
DESIGNATION
OFFICE
5.
Nurhafizah binti Matlah
Secretary
Human Resource & Administration Division (YS/ICSB)
6.
Dayang Supiyan binti Ag Damit
Operation Assistant
Child Development Division
7.
Nurul Izah Farahanah binti Tangah
Craft Instructor
Pusat Kraftangan Sabah
Head of Division Category NO. NAME
DESIGNATION
OFFICE
1.
Hanafiah bin Diman
Corporate Secretary of Yayasan Sabah
Corporate Secretary’s Office
2.
Zulkhairi bin Haji Ismail
Chief Coordinator of Zone Administration
Chief Coordinator of the Zone Administration’s Office
Group Manager
Education Loan Collection Division
DESIGNATION
OFFICE
3.
Mohd Sharuddin Mohd Wali
Executive Category NO. NAME 1.
Zaidah binti Hussain
Senior Manager
Yayasan Sabah Kuala Lumpur Branch
2.
Dr Nesin @ Elizabeth binti Kinat
Senior Manager
Research Division
Normah binti Ahmad
Senior Manager (Financial Services)
3.
4.
Adman Haji Samat
Chief Zone Administrator
Accounts & Financial Services Division (YS/ICSB) West Coast North Zone (Kota Marudu)
Yap Ah Yin @ Florence
Assistant Headmistress
Child Development Division
6.
Matley bin Musir
Senior Admin Officer
East Coast South Zone (Tawau)
7.
Dg. Jamilah Aton binti Awang Dullah
Education Officer
Education Development Division
Non-Executive Category NO. NAME
DESIGNATION
OFFICE
1.
Senior Assistant Administrative Officer
Director of Yayasan Sabah's Office
2.
97 99
Aliman Sani bin Pg. Bujang
Head of Division Category NO. NAME
DESIGNATION
OFFICE
1.
Hajah Ainahwati binti Haji Abd Sani
Group Manager
Internal Audit Division (YS/ICSB)
2.
Haji Budirman bin Haji Daud
Group Manager
Corporate Business Development Division
3.
Jocelyn Chong Fung Ken
Senior Company Secretary
Company Secretary
NO. NAME
DESIGNATION
OFFICE
1.
Stephen Jilimin
Manager
Chief Operating Officer of ICSB’s Office
2.
Pius bin Pansang
Senior Forest Officer
Conservation & Environmental Management Division (INIKEA), Tawau
3.
Ruslizah Kamat
Senior Forest Officer
Conservation & Environmental Management Division (Danum Valley Conservation Area), Lahad Datu
4.
Victoria Dionysius Bugong
Administrative Officer
Integrity & Enrichment Division
5.
Ibrahim bin Umbing
Accounts & Adminstrative Officer
Forestry Division Tawau
6.
Majin bin Milang
Human Resource Officer
Human Resource & Administration Division (YS/ICSB)
7.
Colette Ingkim
Economy Officer
Corporate Business Development Division
8.
Yong Lun Nyik
Account Officer
Accounts & Financial Services Division (YS/ICSB)
9
Rafeah binti Samsudin
Administrative Officer
Forestry Division, Lahad Datu
10.
Mahat bin Rahman
Maintenance Officer
Energy & Facilities Division
Executive Category
5.
Noorizah binti Hasan
Innoprise Corporation Sdn. Bhd.
Assistant Field Officer
Interior South Zone (Beaufort)
3.
Norsuraidah binti Masrin
Secretary
Education Development Division
4.
Fauzian binti Sabrin
Secretary
Information & Communication Technology Division
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100
SILVER JUBILEE AWARD 2024
Non-Executive Category NO. NAME
DESIGNATION
OFFICE
1.
Dorothea Tay @ Dolly
Assistant Officer
Corporate Communications Division
2.
Andress Boital
Assistant Administrative Officer
Conservation & Environmental Management Division
3.
Jonson Madisang
Assistant Administrative Officer
Forestry Division, Kota Kinabalu
4.
Meni binti Sumping
Assistant Administrative Officer
Energy & Facilities Division
5.
Azlina binti Michael
Acting Senior Clerk
Forestry Division, Tawau
Innoprise Corporation Sdn. Bhd.
6.
Rauhiyah binti Jamil
Senior Accounts Clerk
Accounts & Financial Services Division (YS/ICSB)
NO. NAME
DESIGNATION
OFFICE
1.
Fatimah binti Ahmad
Assistant Officer
Education Loan Collection Division
2.
Jerry @ Asry bin Godong
Senior Clerk
Conservation & Environmental Management Division
3.
Abel bin Gintod
Driver
Conservation & Environmental Management Division (Maliau Basin Conservation Area), Tawau
7.
Jamius @ Jenius bin Basinau
General Clerk
Legal Division (YS/ICSB)
8.
Zinin bin Daruan @ Doruan
Driver
Human Resource & Administration Division (YS/ICSB)
9.
Azman bin Sahirun
Forest Ranger
Forestry Division, Lahad Datu
10.
Jummey bin Maderisa
General Clerk
Forestry Division, Sandakan
99 101
Annual Report2024 2023 YSGYSG Annual Report
In recognition of and appreciation for the staff's efforts and loyalty, the Management presents the Silver Jubilee Award annually to those in service for 25 years. Award recipients received a certificate and RM1,000 each.
Yayasan Sabah NO. NAME
DESIGNATION
OFFICE
1.
Md. Arshad Ahmad
Administrative Assistant
Child Development Division
2.
Robin Christianus
Assistant Accountant
Accounts and Financial Services Division (YS/ICSB)
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102
APPRECIATION AWARD 2024
NO. NAME
DESIGNATION
OFFICE
LENGTH OF SERVICE
Tokens of appreciation are handed out to retires as well through the Group's Appreciation Award. The recipients received a certificate and RM1,500, honouring the many years of service they have dedicated to the Group.
15.
Thomas Joseph
Administrative Assistant
Child Development Division
25 years 2 months
Yayasan Sabah
16.
Seluin binti Sempuru
Senior Administrative Officer
Education Loan Collection Division
35 years 4 months
17.
Julkifleh bin Bakar
Manager
Education Loan Collection Division
34 years 10 months
18.
Abdul Rahni bin Awang Damit
Assistant Admin Officer
Human Resource & Administration Division (YS/ICSB)
34 years 8 months
19.
Rosmini binti Simin
Group Manager
Child Development Division
35 years
20.
Jamilah binti Sunggas
Senior Administrative Assistant
Education Development Division
40 years 4 months
21.
Saripah binti Musa @ Musah
Assistant Headmistress
Child Development Division
35 years 7 months
22.
Kasmer Kuor binti Karam Singh
Assistant Administrative Officer
Child Development Division
39 years 8 months
23.
Pudin bin Ibrahim
Field Officer
West Coast North Zone (Kota Marudu)
40 years 6 months
NO. NAME
DESIGNATION
OFFICE
LENGTH OF SERVICE
1.
Assistant Administrative Officer
Education Loan Collection Division
36 years 2 months
Galina @ Angelina binti Anak
2.
Bahiwata Sayangan binti Haji Mulia
Group Manager
Education Development Division
39 years 7 months
3.
George Zipai
Designer
Child Development Division
24 years 7 months
4.
Sarifah Jamilan binti Sharif Lawi
Assistant Education Officer
Education Development Division
28 years 1 month
Norbaini binti Haji Jifli
Manager
Human Resource & Administration Division (YS/ICSB)
38 years 8 months
24 years 11 months
5.
6.
Baihi binti Panunggoh
Babysitter
Child Development Division
7.
Roslan bin Khairuddin
Senior Administrative Officer
Yayasan Sabah Kuala Lumpur Branch 39 years 10 months
8.
Hailanah binti Mohamad Tahir
Manager
Corporate Secretary’s Office
9.
Mathew bin Dusun
Manager
Corporate Secretary‘s Office
34 years 8 months
10.
Bainah binti Saiman
Operation Assistant
Integrity & Enrichment Division
29 years
39 years 3 months
11.
Florine Chiuh
Administrative Officer
West Coast South Zone (Kota Kinabalu)
34 years 11 months
12.
Wasli bin Pairan
Driver
Human Resource & Administration Division (YS/ICSB)
27 years 3 months
13.
Raynold Imbayan
Assistant Publishing & Printing Officer
Child Development Division
39 years
Assistant Administrative Officer
Human Resource & Administration Division (YS/ICSB)
14.
101 103
Melezah bte Haji Ruhimin@Meelezah
Innoprise Corporation Sdn. Bhd. NO. NAME
DESIGNATION
OFFICE
LENGTH OF SERVICE
1.
Abdul Karim bin Iskandar
Forest Safety Operation Enforcer
Forestry Division, Lahad Datu
34 years 4 months
2.
Jikos bin Gidiman
Compliance & Monitoring Manager
Forestry Division
34 years 11 months
3.
Alex Suinggi
Group Manager
Information & Communication Technology Division
39 years 6 months
4.
Fresca Lijawa
Junior Secretary
Accounts & Financial Services Division (YS/ICSB)
34 years 10 months
5.
Rose binti John Kidi Jontili
Senior Officer
Conservation & Environmental Management Division
27 years 6 months
6.
Moktar bin Shaieb
Senior Security Guard
Safety and Enforcement Division
29 years 5 months
7.
Sam S. Karnail
Group Manager
Corporate Communications Division 33 years 8 months
35 years 11 months
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104
NO. NAME
DESIGNATION
OFFICE
LENGTH OF SERVICE
8.
Paulus Laison
Product Services Senior Manager
Forestry Division
38 years 8 months
9.
Glenda Veronique Daim Senior Accounts Clerk
Research Division
16 years 4 months
10.
Somineh binti Sipin
Management Services Senior Officer
Corporate Communications Division 39 years 5 months
11.
Sinah binti Bagu
Assistant Officer Admin & Finance
Sunwise Crystal Sdn. Bhd.
29 years 3 months
12.
Sainabeh binti Mohd Ali
Secretary
Research Division
39 years 7 months
13.
Muriah binti Diun
Senior Clerk
Corporate Communications Division 34 years 3 months
14.
Rosbina Nangan Anak Lila
Clinic Assistant
Research Division, Tawau
2 years 5 months
15.
Solomon bin Emin
Forest Ranger
Forestry Division, Keningau
35 years
16.
Jeffrey Richard Baxter
Audio Visual Executive
Corporate Communications Division 38 years 8 months
17.
Asiah binti Dumahat
Despatch Clerk
Borneo Security Centre Sdn. Bhd.
34 years 3 months
18.
Chin Fui Ling @ Lucy Chin
Senior Accounts Officer
Accounts & Finance Services Division (YS/ICSB)
29 years 5 months
19.
Chang Siew Mee
Administrative Officer
Accounts & Finance Services Division (YS/ICSB)
39 years 1 month
20.
Francis bin Totu Mataling
Senior Accounts Officer
Research Division
35 years 6 months
21.
Roger Ah Sing
Security Guard
Forestry Division, Sandakan
2 years 8 months
103 105
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Employee Representatives Based on the Group’s MBJ Constitution, the Employee Representatives consist of staff (from Salary Grade 44 and below for Yayasan Sabah and Salary Grade 2 and below for ICSB). The Chairman of the Employee Representatives is the Vice-Chairman of the Council, while the elected Secretary will be the Joint Secretary. They shall hold their position for two years. The following staff served as Employee Representatives for the 2024-2026 session :
MAJLIS BERSAMA JABATAN (MBJ)
MBJ is a two-way platform that allows Employee Representatives to engage with the Management, share their thoughts and give constructive ideas for the benefit of the Group.
- Encik Hasranizam bin Haji Kiran - Chairman (Director of Yayasan Sabah’s Office)
Tawau
- Puan Azlina Michael - Secretary (Forestry Division, Tawau Regional Office)
Sandakan
- Puan Nur Aqilah binti Omar Baki - Member (Forestry Division, Sandakan Regional Office)
Lahad Datu
- Encik Safri bin Omar - Member (Forestry Division, Lahad Datu Regional Office)
Keningau, Beaufort & Kudat
- Encik Suwandy Sundu - Member (Interior North Zone)
Kota Kinabalu (ICSB)
- Encik Lorenzo Lowrince - Member (Information and Communication Technology & Occupational Health and Safety Division)
The Federal Government Service Circular No. 2 of 1992 mandates the establishment of MBJ for all State and Federal departments, agencies, and statutory bodies to build a harmonious working relationship between the Management and staff. The MBJ of the Group, which was established in 2005, meets four times a year, quarterly.
The Group’s MBJ comprises twelve members, six of whom are Management Representatives, and the remaining six are Employee Representatives. The Corporate Communications Division is the Secretariat of the Council.
Management Representatives
i.
Director of Yayasan Sabah - Chairman
ii.
Group Manager Human Resource and Administration Division (YS/ICSB) - Member
iii.
Group Manager Accounts and Financial Services Division (YS/ICSB) - Member
iv.
Group Manager Forestry Division - Member
v.
Executive Assistant to the Director of Yayasan Sabah - Member
vi.
Group Manager Corporate Communications Division - Secretary
8 Issues (21%)
Issues for 2024
30 Issues (79%)
Resolved
The Management Representatives are appointed according to their respective positions, and there is no limit to the term of holding the positions in the Council :
105 107 00
Kota Kinabalu (YS)
Pending Approval
Total Number of Issues : 38
Throughout 2024, the Employee Representatives raised 38 new issues concerning staff welfare and other related matters. Since its inception nearly two decades ago, the Group’s MBJ has indirectly instilled a spirit of teamwork among staff and encouraged them to serve with greater dedication. It also promotes higher job satisfaction, increased productivity, higher work quality, better career advancement, mutual respect between Management and staff, loyalty to the organisation, and unity. YSG Annual Report2024 2023 YSG Annual Report YSG Annual Report 2022
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108
HUMAN RESOURCE DEVELOPMENT
Advancing
Staff Training The Management emphasises staff development through training, seminars and workshops. The ongoing staff development has ostensibly imparted responsibility, satisfaction and retention among the staff while engaging them through consistent training and development programmes. The training also involves programmes that enable staff to learn specific skills or knowledge in improving work performance while preparing them for future performance rather than an immediate career role improvement.
Staff Training 2024 (Programmes)
21 Programmes (28%)
Internal Training External Training
54 Programmes (72%)
Total Number of Programmes : 75
113 Participants (19%)
Staff Training 2024 (Participants) 489 Participants (81%)
Internal Training External Training
Total Number of Participants : 602
Industrial Training The Group offers university students the experience of doing actual work while studying. The hands-on training teaches about the skill sets required, industry demands, and work ethics. At the same time, it allows students to practice what they have acquired at university. In 2024, 70 students were involved in industrial training at the various offices in the Group.
109
YSG Annual Report 2024
Human Capital & Sustainability
HALA TUJU SABAH MAJU JAYA (DEVELOPMENT PLAN 2021-2025) Driving the SMJ with an Array of Initiatives
The Group continuously implements various programmes in line with the SMJ Development Plan. As the State Government’s strategic machinery, the Group is focused on the three SMJ main thrusts: Human Capital & People’s Welfare, Infrastructure Network & Green Sustainability and Tourism Sector. The Group implemented 21 initiatives in 2024 to strengthen the strategic interests of the SMJ, boosting human capital development with a focus on education from early childhood to higher learning, preserving the environment and promoting green economic growth. The Group will continue to deliver its SMJ efforts in stimulating and strengthening the development of human capital in the quest to produce not just thriving human capital in monetary and career terms but also those who are creative and critical in their thinking.
Registering new student intake of 1,345 students for KTYS.
1,345 students
21 INITIATIVES
1,366 100% students
OVERALL ACHIEVEMENTS 2024
Targeting 90% of the KTYS graduates' employability rate after six months of graduation.
90%
98%
employability rate
employability rate
100%
Human Capital & People's Welfare - 16 INITIATIVES Registering new student intake of 300 students for UCSF.
300
students
399
students
100%
Providing quality care services for 100 children at Taska Ria and Taska Kristal Ria, Kota Kinabalu.
100
students
99
students
99%
Targeting 70% of the UCSF graduates' employability rate after six months of graduation. Providing quality kindergarten education for 80 students at Tadika Ria.
80
students
78
students
83.15%
70%
employability rate
98%
employability rate
Conducting a study on ABCNS graduate's employability rate in 2023 - 2024.
1
study
100%
1
study
100% Providing guidance in all core subjects and care for 20 primary school students at the Transition Centre of the Child Development Division.
20
students
20
students
100%
Sponsoring a total of 1,864 secondary and higher education students.
1,864 students
111 111
Carrying out 12 activities a year.
12
1,723 92%
activities
students
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YSG Annual Report 2024
Environmental
Education
32
100%
activities
112
Infrastructure Network & Green Sustainability - 4 INITIATIVES
Implementing 10 public awareness programmes/ skills training/continuous professional development/upskilling/seminars at UCSF aligning with the government's initiative to make Sabah a 'Smart & Green' State.
10
10
programmes
Carrying out 180 patrolling activities every year for five conservation areas and two forest rehabilitation areas (INFAPRO & INIKEA) to reduce/prevent incidents of forest encroachment and illegal hunting.
programmes
100%
Implementing three UCSF activities or research projects based on green, ethnic, and social studies initiatives.
3
4
projects
projects
100%
Training for 30 graduates on forest conservation and environmental protection at INFAPRO & INIKEA.
30
graduates
11
graduates
180
activities
564
activities
Planting 8,297 bamboo trees and 6,715 rattan trees in FMU15, Sook, Keningau by 2025.
8,297
5,240
6,715
2,183
bamboos
100%
rattan
bamboos rattan
49%
Producing one population distribution map of wild ginger species (Tuhau) found in Danum Valley Conservation Area, Imbak Canyon and Forest Conservation Area (INFAPRO and INIKEA).
37% Producing one documentation report on Sabah ethnic's traditional delicacies.
1
report
1
report
100%
1
population distribution map
1
population distribution map
Developing the YSG's 'Facility Reservation' System by 2025.
100%
Booking
&
75% 75%
100% Tourism Sector - 1 INITIATIVE
Producing a video documentary on Sabah ethnic's traditional delicacies.
1
documentary
1
documentary
100%
Producing one report on Sabah ethnics' traditional recipes.
1
report
1
report
100%
Targeting 7,300 visitors annually for five conservation areas and two forest rehabilitation areas (INFAPRO & INIKEA).
7,300 tourists
113 113
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YSG Annual 2023 YSG AnnualReport Report 2024
18,632 100%
tourists
114 114
Social
Programmes
Education Empowers; Knowledge Enriches
EDUCATI
N
THE BEST INVESTMENT FOR HUMAN CAPITAL
CHILD DEVELOPMENT The Child Development Division (CDD) was established in 1979. Its primary focus is on children aged three months to 12 years. The establishment of the CDD supports the Group's mission to enhance the quality of life for Malaysians in Sabah by providing comprehensive education from early childhood to tertiary levels.
For nearly six decades, we have believed in one transformative truth: education has the power to change lives. Since our establishment in 1966, we have made it our mission to create opportunities through learning, empowering individuals, strengthening families, and uplifting the communities across Sabah.
PROGRAMMES
Education is not just about acquiring knowledge. It is about nurturing potential, resilience, and the capacity to shape a better future. That belief drives every school we support, every scholarship we award, and every student we champion. Institutions like the University College Sabah Foundation (UCSF) and Kolej Teknologi Yayasan Sabah (KTYS) reflect our commitment to preparing students for real-world success. These learning centres offer programmes that equip young people with the academic foundation and practical skills needed in the State's evolving workforce. The Tun Haji Mohd. Fuad Stephens Borneo Research Library stands as a symbol of our long-term investment in knowledge. It's more than a library; it has been a gateway to discovery and innovation for generations. Looking ahead, our resolve remains strong. Education will always be at the heart of our mission as it lays the foundation for progress for individuals and society. Investing in education is investing in a better tomorrow.
From early childhood to higher education, we are dedicated to ensuring that individuals at every stage have access to quality education and the tools to thrive. Our scholarships, bursaries, and study loans help reduce financial obstacles, opening the door to greater opportunities and brighter futures.
Child Development
Primary/Secondary Education
PRESCHOOL
DAYCARE CENTRE
Ria Kindergarten
Ria Nursery Kristal Ria Nursery Ria Daycare Centre
SUPPORT UNIT
Administration Unit Finance and Training Unit Research and Development Unit Printing and Publishing Unit
Higher Education
NUMBER OF STUDENTS IN 2024
(1983- 2024)
(1967-2024)
(1967-2024)
Beneficiary
Beneficiary
Beneficiary
16,798 students Expenditure RM15.38 million
114,571 students Expenditure
RM127.23 million
53,982 students Expenditure RM760.4 million
(2015 - 2024)
(1990-2024)
30
RIA KINDERGARTEN
RIA NURSERY
KRISTAL RIA NURSERY
RIA DAYCARE CENTRE
Children
Expenditure
RM152.07 million
1983-2024
16,798 Children
TOTAL
Total number of
GRADUATES
(1967-2024)
72 in 2024
Beneficiary
223,910 students RM 1.42 billion Expenditure
117
47 207
4,494 students
34,065 students Expenditure RM364.51 million
52
2024
Beneficiary
Beneficiary
78
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118
Tadika Ria Through the Tadika Ria, the Group educates and guides students from aged four years old to six years through various teaching and learning programmes. The activities are designed to address comprehensive physical, emotional, spiritual, intellectual and social aspects in line with the national philosophy of preschool education. KINDERGARTEN RM147,086.11
Two programmes are offered: half-day kindergarten, which operates Monday to Friday from 8,00 a.m. to 11.30 a.m. and full-day kindergarten, also known as KoDidik Kindergarten, which runs from Monday to Friday from 8.00 a.m. to 5.00 p.m. NURSERY (DAYCARE) TASKA RIA: RM86,252.67 KRISTAL RIA: RM133,270.50
PRINTING & PUBLISHING RM9,167.84
EXPENDITURE 2024
Establishment 1983 Tadika Ria, Likas Bay, Kota Kinabalu 1994 Tadika KoDidik, Likas Bay, Kota Kinabalu
TOTAL EXPENDITURE:
RM474,975.62
Ria Kindergarten 2024
78
RIA DAYCARE CENTRE RM43,125.21
ADMINISTRATION & FINANCE RM30,872.99
Children
Total number of GRADUATES 1982-2024
2,231
RESEARCH & DEVELOPMENT RM25,200.30
Children
Child Care Centre (Taska) The Centre was established to provide high-quality early childhood education that positively influences children's development and school readiness. It provides valuable educational and social experiences to children aged three months to four years, emphasising comprehensive and balanced physical, emotional, spiritual, and intellectual development.
KRISTAL RIA NURSERY RM281,348.50
RIA DAYCARE CENTRE RM60,399.00
RIA KINDERGARTEN RM326,277.00
COLLECTION 2024
RIA NURSERY RM281,348.50 TOTAL COLLECTION:
RM949,373.00 119
Establishment 1989 Taska Ria, Likas Bay, Kota Kinabalu 2006 Taska Kristal Ria, Sadong Jaya, Sembulan, Kota Kinabalu
Ria Nursery 2024
Kristal Ria Nursery 2024
Children Total number of GRADUATES 1989-2024
Children Total number of GRADUATES 2005-2024
Children
Children
52
645
YSG Annual Report 2024
YSG Annual Report 2024
47
267
120
Ria Daycare Centre 2024
2000-2024
30 592
Children
EDUCATION SPONSORSHIP Since its establishment, the Group's education programmes aim to supplement and complement government activities to improve the quality and facilities of education for the people of Sabah. The major thrust of the Group's education development programme is to provide financial assistance through scholarships, bursaries and loans at the secondary and tertiary levels.
Children
This Centre provides a half-day care service and is an excellent place for taking care of primary school children aged 7 - 12 years old before or after school.
4 Secondary Education Programmes 1968-Now
The main activities concentrate on providing tuition for four core subjects and extracurricular activities, including karate and music classes. On 14 November 2022, this Centre was officially registered under the Department of Social Welfare (Jabatan Kebajikan Masyarakat) and renamed Pusat Jagaan Ria (Ria Daycare Centre).
Peninsular Malaysia Secondary School Scholarship This programme provides opportunities for Sabah students to enjoy better educational facilities and provide exposure to national integration. Scholarships are offered to Sabah students to attend the best secondary schools in Peninsular Malaysia from form one to form five. In 2024, 128 students were sponsored under this scholarship. These students attend 34 selected schools in Peninsular Malaysia.
ACHIEVEMENTS IN 2024
1976-Now
The Centre was established in 1992 under the Preschool and Primary School Department of CDD. It was made into a separate unit as a tuition centre named the Primary School Students Transition Centre in 2004.
Sabah/Sarawak Students Exchange Scholarship The objectives of this programme are more focused on national integration through bilateral relationship built by the Group and Yayasan Sarawak in 1976. Yayasan Sarawak fully sponsors Sabah students sent to Sarawak, while Sarawak students sent to study in Sabah are fully sponsored by the Group. In 2024, 26 students were sponsored under this programme in six selected schools in Sabah.
SECONDARY SCHOOL SCHOLARSHIP/BURSARY (Number of Active Students, 2024) 79 students
Peninsular Malaysia Secondary School Scholarship 128 students
Sabah/Sarawak Students Exchange Scholarship Rural to Urban Students Placement Scholarship
Six of sixteen books published by the CDC have been converted to MP3 format at the national level to support children with disabilities.
Peninsular Malaysia Secondary School Bursary
Children’s Picture Book category
121 students
Puan Florence Yap, the Headmistress of Tadika Ria was awarded the “Sabah Literary Prize” in the Children’s Picture Book Category during the Pena Kinabalu Award Night on 6 September 2024 held at The Pacific Sutera Hotel, Kota Kinabalu organised by the Dewan Bahasa dan Pustaka.
Total Number of Students: 354
The Group will strengthen existing programmes and introduce new quality products and services to meet current needs. To support early childhood education, the Group will offer training courses to enhance the skills of teachers, caregivers, and CDC staff. Additionally, the CDC will develop staff potential through participation in external programmes and competitions.
Rural to Urban Students Placement Scholarship The programme started in 1990 to provide learning opportunities for students from rural areas placed in urban secondary schools for admission to form one. In 2024, 79 students were sponsored under this programme. These students attend MRSM Kota Kinabalu and SM Sains Sabah.
The Group will also initiate online fee payments to keep pace with digitalisation. 121
YSG Annual Report 2024
YSG Annual Report 2024
26 students
1983-Now
The Group will implement the CDC transformation strategic plan to enhance the quality and delivery of the programme for target groups. Key elements of this plan include effective programme planning, improving staff quality, and providing safe infrastructure.
1990-Now
Moving Foward
Peninsular Malaysia Secondary School Bursary This programme was started in 1983. Initially, it was bursary assistance to students who continue their studies privately in Peninsular Malaysia. This programme is still ongoing and covers students who attend private religious schools, including in Sabah and Sarawak. The rate given is RM1,000 to RM3,000 per student per year. In 2024, 121 students were sponsored under this programme. 122
SECONDARY SCHOOL SCHOLARSHIP/BURSARY (Number of Students 1967 - 2024) 293
4 14 5,431
3,759
249
Examination Assistance
377 44 12
2,779
Rural to Urban Student Placement 810
MRSM Kuching District Hostels Scholarship Sabah/ Sarawak Exchange Students Scholarship
26,880 39,032
Soldiers Scholarship Accident Scholarship Peninsular Malaysia Secondary School Bursary Daily/ Hostel Scholarship Zone Daily/ Hostel Scholarship Peninsular Malaysia Secondary Scholarship
Total Number of Students: 79,684
Maahad YIK/ YS Scholarship Maahad Tahfiz Pahang Scholarship
SECONDARY SCHOOL SCHOLARSHIP/BURSARY (Expenditure in 2024) RM184,500.00
Peninsular Malaysia Secondary School Scholarship
RM194,518.00
Sabah/ Sarawak Students Exchange Scholarship RM1,150,556.59
Rural to Urban Students Placement Scholarship Peninsular Malaysia Secondary School Bursary
Total Expenditure: RM1,609,563.59 RM79,988.80
RM2,147,928.00 RM317,712.00 RM3,595,529.19 RM1,859,900.02 RM707,508.90
SECONDARY SCHOOL SCHOLARSHIP/BURSARY (Expenditure 1967-2024) RM8,025,778.58 RM6,371,918.00
RM70,383.40 RM98,040.97
Examination Assistance Rural to Urban Student Placement MRSM Kuching
RM20,667,784.20
District Hostels Scholarship Sabah/ Sarawak Exchange Students Scholarship Soldiers Scholarship Accident Scholarship
RM72,028,368.02
Peninsular Malaysia Secondary School Bursary Students Camp Programme Daily/ Hostel Scholarship Zone Daily/ Hostel Scholarship Peninsular Malaysia Secondary Scholarship
RM178,667.50 RM2,852,366.10 RM5,714,464.52 123
Maahad YIK/ YS Scholarship
Total Expenditure: RM124,636,350.00
Maahad Tahfiz Pahang Scholarship YSG Annual Report 2024
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124
Excellence Rural Students Scholarship (BCPLB)
BCPLB is a new programme designed by the Group to strengthen rural education and close the education gap between urban and rural areas in the State. The programme aims to help improve the level of education, increase qualified and skilled employment, and instil good values in parents to develop a knowledgeable and caring society, particularly among the B40 Group.
1990-Now
The Kolej Teknologi Yayasan Sabah (KTYS) Scholarship/ Bursary comprises three programmes. • The KTYS Bursary (Certificate) • KTYS - Universiti Malaysia Pahang (UMP) Scholarship (Foundation) • KTYS - Kolej Universiti Islam Melaka (KUIM) (Diploma)
2022-Now
KTYS Scholarship/Bursary
1973-Now
2005-Now 2020-Now
HIGHER EDUCATION SCHOLARSHIP/BURSARY (Expenditure 2024) Early Childhood Scholarship (Diploma)
402 376
34
350
82
204 103 268 173
38
45 7
135 742
RM82,516.00
RM1,093,938.00
RM2,378,270.28
RM360,500.00
RM4,445,146.82
RM14,481.00 RM18,000.00
Polytechnic Bursary The primary goal is to assist eligible students in accordance with the Group’s policies and guidelines.
RM514,088.02
RM1,858,239.62 RM45,000.00 RM135,222.50
Total Expenditure: RM24,758,090.73
RM1,105,868.69 RM6,840.00
UiTM Bursary It began in 1973 to assist Sabah students studying at YS- ITM. The primary goal is to improve the living conditions of the people of Sabah through education.
RM219,778.97
YS/ UMS - Master of Computer & Informatics
RM1,830,535.83
RM4,442,850.00
RM3,077,560.00
16
Local Scholarships
Ulum Islamiah Scholarship
Private Institutions of Higher Learning (IPTS) Scholarship
Staff Scholarship
48 6
ASEAN / Middle East Scholarship Programme
1,753
962 793
German Engineering RM4,998,915.44 Sabah State Scholarship RM360,965.00
7,850
UNHAS Medical Scholarship RM137,112.00
2,830
KYS (KTYS) Scholarship/Bursary RM22,166,169.69
1,428
Agrotechnology Scholarship RM244,691.22
57
One-off Scholarship RM14,533,757.25
UCSF Tourism Scholarship (Diploma) RM8,397.695.00
INTRA Bursary RM526,223.00
KTYS- KUIM Special Scholarship KTYS Arabic Language Preparation Scholarship
KKIP Aerospace Bursary
MARA (IKM) Bursary
Egypt Medical Scholarship
Early Childhood Scholarship (Diploma)
Alam Scholarships
Ulum Islamiah Scholarship
UNHAS Medical Scholarship
Pre- U Bursary
KYS (KTYS) Scholarship
Islamic Pre- Academic Bursary
Local Scholarship (IPTA)
Staff Scholarship
Russia Medical Scholarship
UiTM Bursary
Germany Engineering
Journalism Scholarship
ASEAN/ Middle East Scholarship
INTRA Bursary
Nursing Scholarship
Sabah State Scholarship Award of Excellence
UCSF Tourism Scholarship (Diploma)
Biotechnology Scholarship
Polytechnic Bursary
UCSF Tourism Scholarship (Degree)
Agrotechnology Scholarship
IPTS Scholarship
Excellence Rural Students Scholarship (B40)
Overseas Scholarship/ Bursary YSG Annual Report 2024
Biotechnology Scholarship RM5,875,559.05 Egypt Medical Scholarship RM23,731,559.05
Islamic Studies (DPII) Scholarship RM45,000.00 Computer & Informatics Scholarship (Degree) RM18,000.00 Albukhary International University Scholarship RM14,481.00 Specialist Scholarship RM1,093,938.00
Oversea Scholarship/Bursary RM112,228,322.25 Sabah State Scholarship Award of Excellence RM141,165,675.80
Local Scholarship (IPTA) RM42,368,066.19
Nursing Scholarship RM18,782.787.67 Journalism Scholarship RM101,500.00 Islamic Pre-Academic Russia Medical Pre-U Bursary Bursary Scholarship RM6,657,890.66 RM848,806.12 RM7,392,815.31 IPTS Scholarship Polytechnic Bursary RM20,740,906.55 RM3,766,297.40 YSG Annual Report 2024
Rural Students Scholarship (B40) RM4,689,561.02
UCSF Tourism Scholarship (Degree) RM6,453,825.00
Ulum Islamiah Scholarship RM1,568,489.03
Total Number of Students: 33,665 One- off Assistance
Early Childhood Scholarship (Diploma)
HIGHER EDUCATION SCHOLARSHIP/BURSARY (Expenditure 1968 - 2024)
10,807
2,386
Expertise Scholarship
KTYS- UMP Scholarship (Foundation) Diploma in Islamic Studies (DPII) Scholarship Excellence Rural Students Scholarship (BCPLB)
UCSF Bachelor
Albukhary International University Scholarship Building Construction Technology Diploma Scholarship (KTYS) Russian Medical Scholarship
Egyptian Medical Scholarship
Germany Engineering UCSF Diploma
1,078
125
RM94,730.00
RM286,842.00
HIGHER EDUCATION SCHOLARSHIP/BURSARY (Number of Students 1968 - 2024) 224 1 2
RM2,747,683.00
This programme is for Kolej Teknologi Yayasan Sabah students taking diplomas in Early Childhood courses.
MARA (IKM) BURSARY RM1,899,934.88 UiTM Bursary RM11,218,046.83 Asean/Middle East Scholarship RM11,859,268.33 ALAM Scholarship RM2,444,060,88
Total Expenditure: RM476,330,320.00 126
HIGHER EDUCATION STUDY LOAN (Expenditure in 2024) LOCAL UNIVERSITY (IPTA) RM560,000.00
OVERSEAS (STAFF CHILDREN) RM300,000.00
LOCAL UNIVERSITY (STAFF CHILDREN) RM15,000.00
OVERSEAS RM2,903,500.00
PRIVATE INSTITUTIONS OF HIGHER LEARNING (IPTS) RM2,269,720.00
ASEAN MIDDLE EAST RM388,000.00 UCSF RM1,443,525.66
AEROSPACE SPECIAL PROGRAMME RM288,000.00
LONG DISTANCE LEARNING RM490,100.00
PRIVATE INSTITUTIONS OF HIGHER LEARNING (IPTS) (STAFF CHILDREN) RM89,000.00 KTYS RM1,369,700.00
Total Expenditure: RM10,116,545.66
HIGHER EDUCATION STUDY LOAN (Number of Students, 1968 - 2024) 700
600
Number of students
500
400
300
200
100
1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
0
Year
127
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Total Number of Students: 12,358
128
HIGHER EDUCATION STUDY LOAN (Expenditure, 1968 - 2024) 14000000
EDUCATION LOAN COLLECTION
Total Expenditure: RM275,481,404.20
12000000
Total collection in 2024
RM
10000000
(The highest since the establishment of Yayasan Sabah)
8000000 6000000
Academic absorption in 2024
2000000
RM 233,547.50
Notes:
RM 325,817.21
EDUCATION LOAN COLLECTION
(which has been processed)
To be claimed until 2024 Loan balance
RM 133,637,399.03
1968 1969 1970 1971 1972 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
4000000
0
Rebate in 2024
RM 6,624,398.14
Moving Forward
Year
Maintain loan collection of RM6 million per year for the next 5 years.
The annual expenditures and the number of beneficiaries will vary if the number of recipients (accepts/ rejects) and the total amount of study loans granted/ additional loans approved have yet to be disbursed, rejected, or cancelled.
Towards fully implementing the MS ISO 9001:2015 Quality Management System. Encourage borrowers who have not yet started payments to begin repaying their debts.
The total expenses listed above include present, current, and former students.
Establish good cooperation with related agencies such as Counselling and Credit Management Agencies (AKPK). To further enhance the use of social media as a medium of interaction and communication with borrowers.
2023 2024 Total
129
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Collection (1974-2024) 7,000,000.00
6,000,000.00
5,000,000.00
4,000,000.00
3,000,000.00
2,000,000.00
1,000,000.00
2023 2024
0.00 1974-1986 1987-1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
(RM)
STUDY LOAN COLLECTION Year Amount (RM) 1974-1986 339,136.32 1987-1990 1,634,373.58 1991 564,820.02 1992 759,170.54 1993 1,203,932.63 1994 1,200,632.59 1995 1,504,097.12 1996 1,364,236.09 1997 2,056,991.50 1998 1,856,659.45 1999 1,844,806.16 2000 2,123,019.27 2001 2,800,981.66 2002 2,960,717.00 2003 2,849,107.73 2004 3,169,856.63 2005 3,565,422.60 2006 3,897,505.26 2007 4,633,186.83 2008 5,062,409.96 2009 4,853,046.32 2010 5,541,864.94 2011 5,506,905.62 2012 5,252,867.39 2013 4,374,654.11 2014 4,270,891.86 2015 3,058,005.04 2016 3,781,561.82 2017 4,049,488.59 2018 3,423,069.45 2019 4,398,037.02 2020 2,933,418.30 2021 5,423,524.95 2022 5,836,047.78
YEAR
6,661,760.10 6,624,398.14 121,380,604.37
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130
KOLEJ TEKNOLOGI YAYASAN SABAH (Yayasan Sabah College of Technology) Re f r- rig Co er nd ati iti on on & in g
Ai
Pastry Production
Welding Technology Fo od ar ep Pr n io at d an o Pr n io ct du
Automotive Technology Civil Engineering
KTYS is committed to fostering human capital development that aligns with the State Government's goals. The college trains, educates, and equips individuals to meet industry demands. KTYS also supports and enhances the Group's initiatives to improve people's quality of life through education and continuous learning programmes, specifically in Technical Vocational Education and Training (TVET).
Enrolment
2024
1,517 students
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Graduates
2024
228 students
Graduate's Employability
2024
98%
134 132
DIPLOMA & FOUNDATION Homegrown & Franchise Programmes
2024
HOMEGROWN PROGRAMMES
Diploma in Automotive Technology - (DTA) JPT/BPP/(R3/0715/4/0037) (A8517)/3/28 2 Years 5 Months
Diploma Construction Technology JPT/BPP(R3/0733/4/0011) (A8518)/3/28 2 Years 5 Months
Diploma in Business Management JPT/BPP(R2/345/4/0270) (MQA/FA1753)/11/27 2 Years 6 Months
Diploma in Electrical Technology JPT/BPP(R2/0712/4/0005) (MQA/FA1921)/7/27 2 Years 5 Months
Technical Certificate & Diploma
2024
Programmes Under the Department of Skills Development (JPK) Business & Finance
Level 3: Office Administration Level 4: Information System Administration
(N821-001-3-2020) (FB-081-4:2012)
18 Months 18 Months
Level 2: Building Construction Operation Level 3: Building Construction Operation Supervision
(F410-001-2:2019) (F410-001-3:2019)
12 Months 15 Months
(F432-005-2:2019)
12 Months
(F432-005-3:2019)
15 Months
(F432-007-3:2020)
18 Months
(MC-024-3:2012)
15 Months
(HT-014-2:2011) (HT-014-3:2011) (HT-012-2:2012) (HT-012-3:2012)
6 Months 12 Months 9 Months 12 Months
(G452-002-2:2018) (G452-002-3:2018) (G452-002-4:2017)
12 Months 15 Months 15 Months
Civil Engineering
Electrical Technician
Diploma in Islamic Studies JPT/BPP(R2/0224/4/0009) (MQA/FA3680)18/28 3 Years
Diploma in Early Childhood Education JPT/BPP(R/0112/4/0055) (MQA/FA11473)/1/30 2 Years 6 Months
Foundation in Physical Science JPT/BPP(R/0011/3/0183) (MQA/FA8937)/3/27 1 Year
Level 2: Single-Phase Electrical Installation and Maintenance Level 3: Three-Phase Electrical Installation and Maintenance Refrigeration & Air-Conditioning Level 3: Heating, ventilation, Air-conditioning (HVAC) single phase installation and maintenance
FRANCHISE PROGRAMMES WITH UNIVERSITY OF TECHNOLOGY MALAYSIA (UTM) Welding Technology Level 3: Shielded Metal Arc Welding
Diploma in Technology Management JPT/BPP(R3/0414/4/0059) (A9667)/7/28 3 Years
Diploma in Accounting JPT/BPP/(R3/0411/4/0020) (A9668)/7/28 3 Years
Diploma in Real Estate Management JPT/BPP(R3/0734/4/0005) (A9042)/7/28 3 Years
Diploma in Computer Science JPT/BPP(R3/0613/4/0008) (A9374)/10/28 3 Years
Tourism & Hospitality Level 2: Pastry Production Level 3: Pastry Production Level 2: Food Preparation and Production Level 3: Food Preparation and Production Automotive Technology Level 2: Light Vehicle Repair Service Level 3: Light Vehicle Diagnose Service Level 4: After Sales - Service Operation
Accredited by: Department of Skills Development (JPK)
Approved by : Ministry of Higher Education Recognised by : Malaysian Qualification Agency (MQA) 135 133
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136 134
Short Courses Basics of Abstract Fabric Painting 3 months
2024 Basics of Metal Sculpturing 3 months
Moving Forward Our vision is to be a centre for education, academic excellence, and TVET at the international level. KTYS will implement the following strategic plan in 2025:
Strengthen Strategic Collaboration KTYS will expand its network by collaborating with local and international universities, industries, and agencies to ensure the courses and programmes are relevant to the current job market needs
Basic Sewing and Creative Embroidery 3 months
Utilising Digital Technology in Teaching KTYS will prioritise digital and technological teaching and learning methods to enhance students' skills and understanding. Utilising technology in teaching includes creating an online platform, developing interactive learning tools, and integrating current technology with the curriculum. Basic Mandrin Level 1 3 months
Basic Korea Level 1 3 months
Special Preparation Programme to the Middle East 5 months
Improve the Quality and Diversity of Programmes KTYS will enhance the development of academic programmes and vocational training that align with industry demands, particularly in technology, science, and entrepreneurship, to help produce competent and competitive graduates in the job market.
Sponsored by: • Sabah Ministry of Youth and Sports • Sabah Human Resource Development Department • Sabah State Government • The Sabah State Education Fund (TPNS) • The Implementation Coordination Unit, Prime Minister Department • Eastern Sabah Security Command (ESSCOM), Ministry of Home Affairs of Malaysia
Expand Access and Educational Opportunities KTYS aims to increase student enrolment by enhancing recruitment efforts for all courses, especially those funded by the government. Ongoing initiatives will expand to more areas and create greater educational and skills opportunities.
Intensify Promotion and Community Involvement KTYS will enhance its promotional efforts by utilising social media and websites and collaborating with local media to raise awareness about its programmes and accomplishments. Additionally, active participation in community service initiatives and educational exhibitions will help strengthen relationships with the local community and enhance the institution's reputation.
Strategic Partners
By implementing these strategies, KTYS has the potential to continue to advance as an educational institution, in line with its mission to help improve the quality of life for the people of Sabah through education and continuous lifelong learning.
Awards & Recognition
137 135
•
Awarded with Bank Simpanan Nasional (BSN) Best Strategic Partner Award on 4 February 2024
•
Won Silver Medal Fruit & Vegetable Carving Competition (Class P06 Professional), during the 24th Sabah Hospitality Fiesta held on 26-28 September 2024.
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UNIVERSITY COLLEGE SABAH FOUNDATION UCSF celebrated its 10th anniversary in 2024, reflecting on a decade of growth and accomplishments. This milestone honours the university's journey and the vibrant community it has built. Over the years, UCSF has fostered a culture of innovation and collaboration, with dedicated staff, talented students, and supportive alumni all contributing to its identity and commitment to excellence. The university aims to be a model green boutique institution, shaping its initiatives and role within higher education. Beyond knowledge, UCSF focuses on cultivating environmentally conscious graduates equipped with business, finance, and digital literacy skills, preparing them for success in an evolving global landscape. UCSF is dedicated to academic excellence and recognises Sabah's unique higher education needs. It aims to meet these needs by offering strategic programmes and fostering an inclusive environment that empowers students to succeed. As a 21st-century university, UCSF focuses on academic achievement and nurturing responsible citizens who contribute to society, educating students on the importance of various stakeholders in reaching global goals, like the Sustainable Development Goals (SDG) for 2030.
A model green university creating beneficial novelties in education and scholarship, research and innovation.
139
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2024
Courses
Total number of students
Active Students
2024
2024
2024 Enrolment
422
Bachelor of Arts (Honours) in Development Studies with Media Communication (R/312/6/0010)(FA8010(07/26) 3 years
Bachelor of Hospitality and Tourism Management (Honours) (R/812/6/0128)(FA5524)(11/25) 3 years
Bachelor of Accountancy (Honours) (MQA/FA3476) 3 years
Bachelor of Business Administration (Honours) (R/340/6/0374)(FA3558)(01/24) 3 years
Bachelor of Entrepreneurship (Honours) (MQA/FA5525) (R/345/6/0502)(FA3519)(01/24) 3 years
Bachelor of Science (Honours) Sustainable Resource Management and Conservation (R/422/6/0012)(FA5499)(11/25) 3 years
Diploma in Visual Arts and Design (R/214/4/0222)(FA8181(09/25) 2 years 4 months
Diploma in Animation (R2/0211/4/0157)(FA5222)(04/30) 2 years 6 months
845
2024
Graduates Employability
83.15%
Diploma in Media Studies (MQA/FA8182) 2 years 6 months
Diploma in Hotel Management (MQA/FA5497) 2 years 6 months
Diploma in Business Management (MQA/FA7190) 2 years 6 months
141 139
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Diploma in Screen Arts (R/213/4/0267)(FA5114)(10/25) 2 years 6 months
Diploma in Tourism Management (MQA/FA1920) 2 years 4 months
Diploma in Accounting (MQA/FA5525) 2 years 6 months
142 140
New Short Courses
23
2024
Award & Recognition UCSF Dance Club won first place in Dance Competition Aerodance Category in conjunction with Pesta Kubis, Kundasang, on 16 to 18 December 2024.
Short-term courses were introduced in 2024.
Moving Forward
Microsoft Word Intermediate 16 participants
Workplace Cleaning Training 10 participants
Basic Mandarin Speaking 35 participants
Microsoft PowerPoint Basic 20 participants
Microsoft Excel Intermediate 16 participants
Microsoft Excel Basic 16 participants
Leadership Development Empowering Effective Leaders 25 participants
Special Programme for Natives of Sabah - Visual Art Painting Course 7 participants
Special Programme for Natives of Sabah - Basic Industrial Design 9 participants
Special Programme for Natives of Sabah - Photography Art Course 20 participants
Special Programme for Natives of Sabah - Entrepreneurship as a Career (EAAC) 4 participants
Special Programme for Natives of Sabah – Botanical Batik Textile Production 8 participants
Outreach Programme – Pastry and Cake Production Course
Outreach Programme – Website Development Course 10 participants
Outreach Programme – Basic Drone Handling 35 participants
Outreach Programme – Computer Software Course 40 participants
Outreach Programme – Bamboo Weaving Course 40 participants
Outreach Programme – Front Office Customer Service Course 20 participants
Outreach Programme – Accessory Production Course ( Polymer Clay) 132 participants
Outreach Programme – Videography Course 40 participants
Outreach Programme – Colour Extraction Course 78 participants
Outreach Programme – Basic Housekeeping Course 21 participants
UCSF celebrated its 10th anniversary in 2024, marking a decade of growth, achievements, and commitment to excellence. With great pride, UCSF reflects on its journey and the significant milestones the university has accomplished. Since its inception, UCSF has been dedicated to establishing itself as a green model boutique university, a vision that has shaped its initiatives and identity within the higher education landscape. This milestone is not just a measure of time but a celebration of the vibrant community that has been built together. Over the past decade, UCSF has fostered a culture of innovation, collaboration, and excellence. Every dedicated staff member, talented student and supportive alumnus has played a vital role in shaping the university’s identity and pushing the boundaries of knowledge and discovery. UCSF’s mission extends beyond imparting knowledge. The university strives to cultivate graduates who are not only environmentally conscious but also equipped with essential skills in business, finance and digital literacy. In an ever-evolving global landscape, it is imperative that UCSF students are prepared to navigate the complexities of the modern world. The university remains committed to providing them with the necessary tools for success. In addition to its commitment to academic excellence, UCSF recognises Sabah's unique higher education needs. The university endeavours to meet these needs by offering strategic programs and fostering an inclusive learning environment that empowers students to thrive. As a 21st-century university for Sabah, UCSF is not only focused on academic achievement but also on nurturing responsible citizens who contribute positively to society. Students are also educated on the crucial role of various stakeholders in achieving global targets such as the Sustainable Development Goals (SDG) 2030. Looking ahead, UCSF plans to expand its academic offerings to further support higher education in Sabah. Currently, the university is collaborating with Universiti Teknologi Petronas (UTP) and Universiti Sains Islam Malaysia (USIM) to introduce new programs, including foundation studies in science and a degree in architecture. In addition to these collaborations, UCSF is actively exploring partnerships with other universities, both locally and internationally, to diversify its academic offerings. The university is exploring and considering the possibillity of introducing programs in strategic fields, such as law, pharmaceutical and maritime studies among others.
Outreach Programme – Basic to Guiding Course 17 participants
Total
UCSF is also deeply committed to advancing its Internationalisation agenda, recognising its vital role in preparing students and faculty for success in an increasingly interconnected world. The university is dedicated to fostering International collaboration agenda that embraces diversity, promotes cross-cultural understanding, and facilitates meaningful international collaborations. To this end, UCSF has signed several Memorandum of Understanding (MOUs) with foreign universities, with more partnerships expected in the coming years. Additionally, UCSF aspires to upgrade its status to a full-fledged university by strengthening its academic quality, research, publications, and institutional reputation.
participants
Despite its size as a boutique university, UCSF remains steadfast in its mission as Sabah’s 21st-century university, continuously striving to complement and enhance the state's higher education landscape.
643
143 141
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Tun Mustapha Gallery
TUN HAJI MOHD. FUAD STEPHENS BORNEO RESEARCH LIBRARY
The Gallery was officially opened on 10 May 2006 as an earnest effort to share the life story and contributions of the late Tun Datu Haji Mustapha bin Datu Harun, who was the Father of Independence of Sabah. It serves as a source of information and reference on the late Tun Datu Haji Mustapha’s life history.
The library was established to honour the efforts of the former Head of State, Tun Haji Mohd. Fuad Stephens, in enhancing the quality of life for all Malaysians in Sabah, particularly in education and knowledge. It was officially opened on 6 June 1980, by the then Head of State, Tun Haji Mohd. Adnan Robert.
The Gallery features impactful graphic panels, audio-visual technologies and artefacts. It chronicles the late Tun Datu Haji Mustapha bin Datu Harun’s life, from humble beginnings to his illustrious days as Sabah’s former Head of State and Chief Minister. It gives visitors a glimpse into his triumphs and tribulations, with detailed descriptions accompanying the images.
The research library specialises in Borneo-related topics and disciplines, offering resources tailored to the needs of researchers and academicians. It is accessible to the public and supports various programmes, projects, and interests within the Group.
The Gallery is open Monday through Friday, from 8.30 a.m. to 4.55 p.m., except on public holidays.
In addition, the library provides training sessions and consultations to government agencies and schools on setting up and managing libraries. Since its establishment, it has been an active member of the Librarians Association of Malaysia and a pioneering member of k@Borneo since 2002.
Roles & Functions The library’s general roles and functions are to collect, organise, preserve, and provide access to information and resources for education and research.
Visitors 7,000 6,000 5,000
5,676 4,505 3,996
4,000 3,000 2,000
3,144
5,180 5,233
5,058 4,100 3,425
3,247
2,782 2,082
2006 - 2024
6,072
1,742
2,722
2,248 2,120 1,011
1,000
742
0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
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65,085 Visitors
144
Resources (2024)
Collection & Information Development Unit
2024 Title
Volume
Title
Volume
General Books
20
20
62,738
69,193
Borneo Books
27
34
4,876
9,571
World Bank
-
-
1,681
1,744
Thesis
1
1
812
917
YSG Archives
46
52
488
576
Imbak Danum
-
0
1
1
Danum Valley
-
-
1
1
Maliau Basin
-
-
1
1
94
107
70,598
82,004
3,296
81
3,367
3,371
Pamphlets
-
-
1,227
1,306
CD-ROM
-
-
77
120
Photographs
1,345
-
1,345
1,345
Maps
837
-
837
837
Microfilms
1,822
-
1,822
1,822
Postcards
57
-
57
57
Slides
-
-
13
13
Film Strips
-
-
20
20
Kits
-
-
118
118
Video Cassettes
-
-
773
773
Pictured CD
206
-
206
206
DVD-ROM
-
-
252
253
Annual Reports
-
-
9
10
Periodicals
29
291
483
11,102
Newspapers
-
1,296
5
7,772
Functions Cataloguing materials
Acquisition of materials
Classify materials
Publications of materials lists
Order of materials
Materials printing and binding
Indexing Library Technologies
Information & Documentation Services Unit Articles User services
Inter-library loan
References/inquiries
Library promotions
User orientation
Materials reservation
Functions
Digitisation
Internet services
Library automation
Networks
Type of Collections General Collection Borneo Collection
Multimedia Collection World Bank Collection
Reference Collection Newspaper Clippings Collection
Cumulative Collection
Membership
Yayasan Sabah Group Archives
1,249
Bound Newspaper Collection
Individuals 147 145
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Milestones (1980-2024)
Highlights 2024
1980 Mobile Library – People Development Centres (Yayasan Sabah Programme)
1986 1994 1990
Library name changed – ● Tun Haji Mohd. Fuad Stephens Borneo Research Library
2005 2006
● Setup Yayasan Sabah Group Archives ● Expansion of Borneo Collection Area (Phase 1)
2015
2014
2017
18 Jan
19 Jan
Visit by SK Umas-Umas, Tawau
24 Jan Organised U-Library Workshop
● JARING Internet ● Library NSTP Online ● Library Automated System VTLS ILS
Joined k@Borneo
Setup Danum Valley Mini Library
Visit by SK Bukit Quoin, Tawau
1 Feb
4 Feb
Visit by SK Sumbiling Bongawan, Papar
e-Borneo Portal Demo
15 Feb
6 Mac
Visit to Imbak Canyon Studies Centre
22 Mac Recitation of the Quran in conjunction with Ramadan
Tun Mustapha Gallery transferred to the Library
Setup Imbak Canyon Mini Library
Conducted Jom Baca Programme at Home Tuaran Rumah Anak Yatim & Maahad Tahfiz, Tuaran
Aspire 50:50 was formalised
25 Mac Visit to Rumah Anak Kesayangan Sabah, Sembulan
Migration of library automation system from VIRTUA ILS to KOHA ILS
23 Apr
Conducted Community Programme at Madrasah Wakaf Islamiah Sabah
20 May Organised OPAC & u-Pustaka Library Workshop at SMK Pekan II, Kota Belud
3 June
5 June Organised Blood Donation Programme
2023 2024
149 147
Benchmarking Visit to the Sabah State Museum
2021 2022
Full migration of the library’s automation system to KOHA ILS completed
17 Jan
2018 2020
Library Automated System KOHA ILS Feasibility study
7 Jan
Visit by SJK © Yue Min, Penampang
2003
● Setup Tun Mustapha Gallery ● Setup Maliau Basin Mini Library ● Library name changed – Tun Haji Mohd. Fuad Stephens Borneo Research Library
Research Unit transferred to the Library
South West Coast Quiz & Debate Competition
2000 2002
Library name changed – Information Centre
Benchmarking Visit to the Tun Abdul Razak Library, UiTM (Sabah Branch)
1994 1996
Setup Pusat Minda Kolej Yayasan Sabah
Official opening of Tun Haji Mohd. Fuad Stephens Research Library
Expansion of Borneo Collection Area (Phase 2)
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Highlights 2024
Moving Forward
Organised OPAC & u-Pustaka Library Workshop at SM Agama Negeri Islamiah, Papar
Visit by the Brunei Darussalam Librarian Club
6 June
11 June
Library Day Programme
Aspire 50|50 The library will continue to strive to implement various programmes, enriching its collections, particularly the Borneo Collection and providing an open, comfortable, and safe learning space. Through the Aspire 50|50 Vision, the library aims to achieve balance in its collections. It focuses on collection distribution, space layout, material formats, and acquisition expenditures, strongly emphasising Borneo-related research and reference materials.
12 June Organised OPAC & u-Pustaka Library Workshop at SMK Seri Nangka, Tuaran
20 June
10 Sept Fixed Asset Inspection at Tun Haji Mohd. Fuad Stephens Borneo Research Library
Aspire 50|50 is crafted to establish strategic, transparent and easily comprehensible quantitative direction for the library. It stands apart from existing statements outlining the library’s objectives or roles. The programme was formulated in 2020 to be implemented over five years, from 2021 to 2026, with an impact study scheduled for the first quarter of 2027. The Aspire 50|50 initiative enhances the library’s Borneo Collection. The key objectives include ensuring that at least fifty per cent of all reference materials are related to Borneo, dedicating fifty per cent of the reference collection’s floor space to the Borneo Collection, and maintaining at least fifty per cent of reference materials in a digital format. Furthermore, no less than fifty per cent of the budget for acquiring monographs will be allocated for reference materials related to Borneo. The library will continue its efforts to secure additional funding to upgrade its internal infrastructure, aligning with the Group’s position as the leading driver of educational development in Sabah.
Conducted Environmental Day Programme at MyMelon
12 Sept Participated in an exhibition in conjunction with the Group’s Occupational Safety and Health Month Opening Ceremony
151 149
25 Nov
14 Dec Participated in InterLibrary Sabah Volleyball Tournament
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SOCIAL DEVELOPMENT PROGRAMMES
Enhancing Rural
TUNKU
Community Capacities West Coast South Zone
East Coast South Zone
Interior South Zone
West Coast North Zone
East Coast North Zone
Interior North Zone
Under the supervision of the Chief Coordinator of the Zone Administration’s Office, six Yayasan Sabah zone offices namely, West Coast South Zone (Kota Kinabalu), West Coast North Zone (Kota Marudu), East Coast South Zone (Tawau), East Coast North Zone (Sandakan), Interior South Zone (Beaufort) and Interior North Zone (Keningau) implement the core and support programmes. The core programme comprises Intellectual and Mind, Sociocultural and Socioeconomic. The support programme includes the Yayasan Sabah Secondary Assistance Scheme, Yayasan Sabah District Hostel, Yayasan Sabah with the People Programme, Iftar Programme, Community Craft Programme, and disaster relief aid (House Fire/Flood Victims).
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Core Programme
Intellectual and Mind Programme
Programmes 250
213
200
East Coast South Zone
157 150 105
100 50
East Coast North Zone
0 2022
2023
2024
Year
Interior North Zone
Beneficiaries
16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 -
14,073 9,290 7,641
2022
2023
2024
Interior South Zone Year
West South Coast Zone
Expenditure RM752,396.16
RM800,000.00 RM700,000.00 RM600,000.00 RM500,000.00
West Coast North Zone
RM435,039.58
RM381,988.00
RM400,000.00 RM300,000.00 RM200,000.00 RM100,000.00 2022
153
2023
2024
Year
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Sociocultural Programme
Socioeconomic Programme
East Coast South Zone
East Coast North Zone
East Coast North Zone
Interior North Zone
Interior North Zone
Interior South Zone
Interior South Zone
West Coast South Zone
West Coast South Zone
West Coast North Zone
159 155
East Coast South Zone
West Coast North Zone
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160 156
Support Programme
Yayasan Sabah Secondary Assistance Scheme
Yayasan Sabah Secondary Assistance Scheme Programmes 300 250
East Coast South Zone
246
219
200 137
150 100
East Coast North Zone
50 0 2022
2023
2024
Year
Interior North Zone
Beneficiaries 1,800 1,600 1,400 1,200 1,000 800 600 400 200 -
1,680
1,680
1,200
Interior South Zone
2022
2023
2024
Year
West Coast South Zone
Expenditure RM500,000.00 RM420,000.00
RM420,000.00
2023
2024
West Coast North Zone
RM400,000.00 RM300,000.00
RM300,000.00
RM200,000.00 RM100,000.00 2022
161 157
Year
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162 158
Yayasan Sabah Special Assistance Scheme Programme
Yayasan Sabah Special Assistance Scheme Programme
Programmes
100 90 80 70 60 50 40 30 20 10 0
99 East Coast South Zone
66
East Coast North Zone
0 2022
2023
2024
Year
Interior North Zone
Beneficiaries
9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 -
8,338 7,185
Interior South Zone
2022
2023
2024
Year
West Coast South Zone
Expenditure
RM800,000.00
RM733,261.20
RM700,000.00
RM595,581.00
RM600,000.00
West Coast North Zone
RM500,000.00 RM400,000.00 RM300,000.00 RM200,000.00 RM100,000.00 2022
163 159
2023
2024
Year
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164 160
Community Infrastructure Aid Programme
Community Infrastructure Aid Programme
Programmes
180 160 140 120 100 80 60 40 20 0
157
87
2022
70
2023
2024
East Coast North Zone Year
Beneficiaries 40,000 35,000 30,000 25,000 20,000 15,000 10,000 5,000 -
35,696
16,067 9,290 East Coast South Zone
2022
2023
2024
Year
Expenditure RM700,000.00 RM587,800.85
RM600,000.00 RM500,000.00
RM589,179.00
RM435,039.58
RM400,000.00 Interior North Zone
RM300,000.00 RM200,000.00 RM100,000.00 2022
165 161
2023
2024
Year
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166 162
Community Infrastructure Aid Programme
Iftar Programme Programmes
Interior South Zone
30
25
25
2023
2024
25 20 15 10
6
5 0 2022
Year
Beneficiaries
3,500
3,321
3,193
2023
2024
3,000 2,500 2,000 1,500 1,000 500
West Coast North Zone
510
2022
Year
Expenditure RM180,000.00 RM160,000.00
RM159,330.00
RM157,055.00
2023
2024
RM140,000.00 RM120,000.00 RM100,000.00 RM80,000.00
West Coast South Zone
RM60,000.00
RM49,443.50
RM40,000.00 2022
167 163
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Year
168 164
Iftar Programme
Yayasan Sabah District Hostel Programmes
East Coast North Zone
5 4.5 4 3.5 3 2.5 2 1.5 1 0.5 0 East Coast South Zone
4
2
2
2022
2023
2024
Year
Interior North Zone
Beneficiaries
100 90 80 70 60 50 40 30 20 10 -
91
87
75
2022
Interior South Zone
2023
2024
Year
Expenditure West Coast South Zone
RM500,000.00
RM448,083.45
RM400,000.00 RM300,000.00 West Coast North Zone
RM318,447.00
RM292,643.16
RM200,000.00 RM100,000.00 2022
169 165
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2023
2024
Year
170 166
Yayasan Sabah District Hostel
Community Craft Programme Programmes
12
10
10 8 6
7
6
4 2 0 2022
2023
2024
Year
Beneficiaries
160 140 120 100 80 60 40 20 -
Interior South Zone
141
140 95
2022
2023
2024
Year
Expenditure
RM130,000.00
RM119,717.00
RM118,343.15
RM110,000.00 RM90,000.00 RM70,000.00
RM59,798.00
RM50,000.00
Interior North Zone
RM30,000.00 2022
171 167
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2023
2024
Year
172 168
Community Craft Programme
MOVING FORWARD
The Chief Coordinator of the Zone Administration’s Office, and the Zone offices, will ensure that the programmes at the zone level are implemented efficiently and positively impact the target group. To ensure that the implemented programmes positively impact the people in terms of intellectual, cultural, and economic development, strategic planning is undertaken to ensure that the programmes cater to all age groups, regardless of race and religion. By implementing programmes at all levels within the zones, we hope to assist more local communities in improving their living standards and establishing good relations with the Group and other collaborative partners.
East Coast North Zone
East Coast South Zone
Interior North Zone
Interior South Zone
West Coast South Zone
West Coast North Zone
173 169
Annual Report2024 2023 YSGYSG Annual Report
STRATEGIC PARTNERS Rural Integrated Craft Heritage Programme (RICH)
Tekun Nasional Keningau Branch Bank Rakyat Sabah Region Pusat Kraftangan Sabah (PKS) stands as a beacon of hope and progress for Sabah's rural communities. By fostering the growth of handicraft entrepreneurs, PKS is preserving the State's rich cultural heritage and enhancing the quality of life of the rural communities. Over the past decade, PKS has empowered more than 20,000 individuals through the Sabah Natives Special Programme (Program Khas Anak Negeri Sabah, PKAN), providing them with the skills and opportunities needed to thrive.
Department of Industrial Development & Research (DIDR) Dina Consultant & Management Malaysian Timber Industrial Board (MTIB)
In a remarkable display of collaboration, PKS works hand in hand with various organisations to elevate the status of Sabah's handicrafts and batik, showcasing their intricate beauty and cultural significance on both local and international stages.
SA Jesselton Lux Majlis Amanah Rakyat (MARA) Keningau Unity Solutions
Raw Material Cultivation Programme - Bamboo & Rattan
Faculty of Tropical Forestry, University Malaysia Sabah
Orbena Bamboo
Bioxpert Sdn. Bhd.
Unity Solutions
Sandapak Farm
171
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172
3. Technology and Design Arena Stage
FUNDING
The Technology and Design Arena Stage is a platform to advance diverse craft art forms, including digital textile design, bag-making, textile sewing, and batik canting. This programme offers comprehensive activities meticulously designed to nurture creativity and market readiness. Participants benefitted from essential soft skills, fostered business digitalisation, and created strategic opportunities for promotion and batik sales. This initiative aims to empower artisans with the tools, knowledge, and exposure needed to thrive in the evolving creative economy.
Implementation Coordination Unit (ICU), Prime Minister’s Department
Rural Integrated Craft Heritage (RICH) Programme
RM1.2 million
Raw Material Planting Programme
RM1.6 million
RM2.8 million HUMAN CAPITAL DEVELOPMENT PROGRAMME
4. Preneur-Craft Programme This programme is a strategic initiative designed to cultivate a new generation of craft entrepreneurs through two targeted startup schemes; the Dana Mula Niaga and Jana Dana. The Dana Mula Niaga programme provides essential seed funding to ten carefully selected participants, enabling them to take their first bold steps into craft entrepreneurship. Building on this foundation, the Jana Dana programme serves as the next phase, offering continued financial and developmental support to help these emerging entrepreneurs scale their businesses, refine their craft, and thrive in a competitive market. These initiatives form a comprehensive pathway from startup to sustainable success in the creative economy. 5. Interim Entrepreneurship Skills Programme (Apprenticeship Programme)
Entrepreneurship Programme – Rural Integrated Craft Heritage (RICH) The RICH programme emphasises entrepreneurship development to increase the competitiveness of former Craft Training Programme (Program Latihan Kraftangan, PLK) trainees in handicraft production.
This apprenticeship-based initiative focuses on equipping participants with practical business management skills essential for navigating today’s competitive craft industry. Core areas of emphasis include strategic marketing, such as e-marketing, effective packaging, pricing tactics, and promotional approaches, alongside developing vital soft skills like communication, negotiation, and customer engagement. By blending hands-on learning with real-world business insights, the programme aims to produce well-rounded, adaptable craft entrepreneurs ready to lead with confidence and innovation. 6. Exhibition, Promotion and Sales Programme
RICH Programme
15
programmes
202
beneficiaries
RM1.2 million
One Interim Entrepreneurship Skills Programmes (Apprenticeship Programme) (7%)
2 Promotions, Exhibitions and Sales Programmes (13%)
3 Community Craft Programmes (20%)
There are six programmes under the RICH Programme:
2 Preneur-Craft Programmes (13%) 3 Craft Village Programmes (20%)
1. Community Craft Programme This initiative, carried out in collaboration with the Zone office, encourages local innovation through communitybased product development trials. It aims to strengthen soft skills, foster creativity, and open up avenues for sales and income generation turning local talent into thriving enterprise.
4 Technology and Design Arena Stage Programmes (27%)
2. Craft Village Programme This programme strategically emphasises the development of high-value wood crafts, intricate bamboo weaving, elegant rattan weaving, and contemporary epoxy crafts. By integrating modern technology and creative thinking, the initiative seeks to preserve cultural heritage while pushing the boundaries of craftsmanship. It offers comprehensive support services, including expert mentorship, hands-on training in soft skills and digital business tools, and dynamic platforms for artisans to market and sell their products through curated events, exhibitions, and digital marketplaces.
15 Programmes 173
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174
RICH Programme
Interim Entrepreneurship Skills Programme (Apprenticeship Programme) 13 participants (3.98%)
Generate Business 10 participants (3.06%)
6 Programmes
Promotions, Exhibitions and Sales Programme 80 participants (24.47%)
Generate Funds 52 participants (15.91%)
PROGRAMMES IMPLEMENTED BY ZONE OFFICES
Community Craft Programme 120 participants (36.70%)
Technology and Design Arena Stage Programme 27 participants (8.26%)
120 Participants RAW MATERIAL PLANTING PROGRAMME – Bamboo & Rattan
Craft Village Programme 25 participants (7.65%)
Total Cost 2021-2025 RM5.3 million
327 Trainees
Budget 2024 RM1.6 million
In addition to the six core programmes, PKS also implements ad-hoc programmes with strategic partners such as the Department of Industrial Development & Research (DIDR), Sabah Museum, Radio Televisyen Malaysia (RTM), Radio Keningau FM, Tourism Keningau, Malaysian Design Council, SA Jesselton Sdn. Bhd. and Oracle Picture Sdn. Bhd.
B
2 Soft Skills Programmes (8.3%)
6 Programmes
40 Beneficiaries
Programme Scope:
RICH Ad-hoc Programme 4 Expert Service Programmes (16.7%)
Located in Yayasan Sabah's concession land, covering an area of 200 acres
•
Site preparation (lining, digging holes, seedling delivery, etc.)
•
Training programme, expert services, soft skills, educational visits, and R&D
PKS has established strategic partnerships with key industry players and academic institutions to enhance its expertise and technological capabilities. Working closely with the Malaysian Timber Industry Board (MTIB), the Faculty of Tropical Forestry at Universiti Malaysia Sabah, Bioxpert Sdn. Bhd., Orbena Bamboo, Unity Solution, and Bam & Boo Enterprise, PKS benefits from expert advice, advanced skills, and cutting-edge technology. This collaboration is essential for driving innovation and maintaining a competitive advantage in the handicraft sector. One Research & Development Programme (11%)
18 Marketing, Exhibition and Sales activities (75%)
2 Study Visit Programmes (22%)
9 Programmes 2 Soft Skills Programmes (22%)
24 Programmes
175
4 Training Programmes (45%)
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176
ACHIEVEMENTS IN 2024
Puan Emily Jeneble Craft entrepreneur and founder of Seri Elf Enterprise
RM 411,642.00
Economic & Human Capital Development
Sales from January to December 2024
77
•
Awarded the Malaysia Good Design Award 2024 in the Craft Product Category by Malaysian Design Council on 12 June 2024 at Putrajaya.
•
Awarded the Kasih Women’s Community Award by the Ministry of Women, Family, and Community Development in conjunction with International Women’s Day 2024 on 8 March 2024 at Sunway Pyramid Hotel, Petaling Jaya.
•
Awarded the Lifetime Achievement Award - Contribution to the Sustainable Development of Craft Sector and Social Inclusion at the 7th International Craft Awards and World Craft Council Order of Merit held on 26 November 2024 in New Delhi, India.
Participants
AWARDS & RECOGNITIONS
5 RICH participants were awarded with Malaysian Skills Certificates (SKM) - Level 2 in furniture making
Puan Crisna binti Mojupi Craft entrepreneur under Craft Community Programme (West Coast North Zone Office) •
Awarded Adiguru (Master Craftsperson) in Embroidered Fabric Art by Malaysian Handicraft Development Corporation in 2022.
•
Awarded the Hasanah Gold Threads Award 2024 for Embroidery & Embellishment (Special on 7 September 2024 at Rumah Tangsi, Kuala Lumpur.
MOVING FORWARD •
Puan Julitah Kulinting A former bamboo weaving instructor at PKS •
Awarded Adiguru (Master Craftperson) in Bamboo Weaving by Malaysian Handicraft Development Corporation in 2023.
•
Awarded the Cultural Practitioner Award - Ethnic Handicraft Cultural Heritage at the Sabah Ethnic Day Celebration 4.0 in 2024, in conjunction with the 71st Official Birthday of His Excellency Tuan Yang Terutama Yang di-Pertua Negeri Sabah on 16 November 2024 at the Grand Ballroom International Technology & Commercial Centre, Penampang.
•
177
Won the Anteprima x CHAT Contemporary Textile Art Prize 2024 through collaborative work with local artist Yee I-Lann and pandan weaving craftswoman Roziah binti Jalalid on 29 November 2024 in Hong Kong.
YSG Annual Report 2024
•
Establishment of the Craft Cooperative PKS is dedicated to establishing a craft cooperative to promote the economic development of the craft community in a collaborative and integrated manner. This initiative will unite talent, energy, and capital to produce handicrafts on a larger and more sustainable scale.
•
Strengthening Digital Platforms for Broader Reach PKS aims to leverage cost-effective digital platforms for marketing and promotional opportunities to enhance digital applications and expand its market reach to local communities, nationally and internationally.
•
Developing an E-Commerce Strategy for Craft Products E-commerce is a future direction for PKS in commercialising handicraft products, extending beyond local markets to reach the global market.
•
Collaboration with Designers and Artisans PKS takes a progressive approach by forming strong collaborations with local and international artisans and designers to produce higher-quality products featuring innovative and fresh designs.
•
Exploring Initiatives and Government Grants for Entrepreneurship Programmes PKS aims to fully leverage the opportunities and initiatives the government offers to boost participation in craft entrepreneurship. Government support is crucial for the success of this entrepreneurial agenda, as it helps demonstrate that the craft economy can serve as a powerful catalyst for societal change.
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Commercial Undertakings
183
YSG Annual Report 2023
Innoprise Corporation Sdn. Bhd.
ICSB AND ITS SUBSIDIARY COMPANIES’ FINANCIAL PERFORMANCE REVENUE (Group Level)
Innoprise Corporation Sdn. Bhd. (ICSB) was incorporated in 1988 as an investment vehicle, cum management and holding company of Yayasan Sabah’s group of companies. Its mission “To Be the Investment Vehicle of Yayasan Sabah’s group of companies for a Better Future of Malaysians in Sabah” is a clear message of its steadfast commitment to fulfilling its corporate objectives in supplementing and complementing the government’s efforts to bring socioeconomic progress to the people.
To sustain its effective role as the main generator of funds for the Group, ICSB has expanded its income generation base from traditional forestry and wood-based sectors to include other productive sectors. It has diversified into businesses such as tourism, agro plantation, as well as oil, gas and energy.
PROFIT BEFORE TAX (Group Level)
(In Million)
The contributions of the Group to the State of Sabah and its people are not limited to education and social development. It is acknowledged as a pioneer, leader, innovator, and growth facilitator in the commercial and industrial sectors.
(In Million)
RM424.35
RM1,417.61
RM1,406.04
RM413.84 RM383.94
RM1,243.26 RM1,188.56
RM365.17
2021
2023
2022
2024
2021
2022
2023
2024
Year
Year
PROFIT NET OF TAX (Group Level)
DIVIDEND INCOME (Company Level)
(In Million)
RM328.18
RM320.73
OBJECTIVES OF ICSB
(In Million)
RM212.98
RM316.34
RM194.56
RM196.24
2023
2024
RM155.55
RM275.33
Financial
Operation
To achieve long-term profitability, asset growth and shareholders’ value while maintaining a stable and sustainable cash flow position.
To develop the downstream processing activities in the manufacturing sector and achieve high efficiency, effectiveness and productivity.
2021
2022
2023
2021
2024
2022
200TAX & DIVIDEND DECLARED (Company Level) PROFIT NET OF 180 160
160 160 140 140 RM (In Million)
RM (In Million)
To develop an investment portfolio that is diversified vertically and horizontally, providing a desirable return on investment based principally on ICSB strategic resource advantages in timber and land, supplemented by investment in core sectors of agro-plantation, tourism, real estate, oil, gas and sustainable energy.
180 180
120 120
RM (In Million)
200 200
Investment
90.00
100 100 80 80 60 60
181
Marketing
Human Resource
To achieve market growth and diversification in local and overseas markets for all ICSB products.
To achieve high efficiency, effectiveness, professionalism and integrity amongst staff.
To be a leader in forestry, conservation, agro plantation and tourism-based research and development.
Profit Net of Tax Dividend Declared
YSG Annual Report 2024
YSG Annual Report 2024
150.07
110.19 100
120.00 120.00
80
100.00 100.00
60
80.00 80.00
168.55 20
154.98
178.43
2021
2022
140.63 90.00
168.55 110.19
2022
2023
2024
140.63 90.00
168.55 110.19
154.98 150.75
178.43 150.07
2022
2023
60.00 60.00 40.00 40.00 2023
20.00 154.98 20.00 150.75
2021
2021
160.00 160.00
120.00
140.00 140.00
120
Profit Net of Tax Dividend Declared
20 20
00
150.75
140
0
40 40
Research & Development
140.00
40 140.63
160.00
(In Million)
2024
100.00 80.00 60.00
Profit Net of Tax 40.00
Dividend Declared 20.00
2024
-
178.43 150.07
-
182
ICSB GROUP OF COMPANIES Agro Plantation
Real Estate
NO
COMPANY
EQUITY (%)
NO
COMPANY
EQUITY (%)
1.
Sabah Softwoods Berhad (SSB)
70
1.
Innoprise Properties Sdn. Bhd.
100
2.
Innoprise Plantations Berhad (IPB)
50.22
2.
Innoprise Integrated Timber Complex Sdn. Bhd. (IITC)
100
3.
Benta Wawasan Sdn. Bhd. (BWSB)
100
3.
Juwitabah Sdn. Bhd.
100
4.
Silam Forest Products Sdn. Bhd.
100
4.
Rakyat Bersatu Sdn. Bhd.
100
5.
Hap Seng Consolidated Berhad
1.4
6.
Arus Sawit Sdn. Bhd. (A JV company of Silam Forest Products)
30
7.
Benta Edible Oil Sdn. Bhd. (A wholly owned company of BWSB)
100
NO
COMPANY
EQUITY (%)
8.
Ikatan Kayangan Sdn. Bhd. (A JV company of Silam Forest Products)
30
1.
Inno Hydropower (B) Sdn. Bhd.
100
9.
Kelola Maju Sdn. Bhd. (A JV company of Silam Forest Products)
30
2.
Telekosang Hydro One Sdn. Bhd.
30
10.
SAMEL Plantation Sdn. Bhd. (A JV company of BWSB)
50
3.
Telekosang Hydro Two Sdn. Bhd.
30
11.
Sabah Softwoods Hybrid Fertiliser Sdn. Bhd. (A JV company of SSB)
45
4.
Inno Hydropower (T) Sdn. Bhd.
100
12.
Regional Harvest Sdn. Bhd. (A JV company of SSB)
51
5.
Kimanis Power Sdn. Bhd.
40
13.
B.W. Plantation Sdn. Bhd. (Wholly owned by BWSB)
100
6.
NRG Consortium (Sabah) Sdn. Bhd.
100
14.
Serijaya Industri Sdn. Bhd. (Wholly owned subsidiary of IPB)
100
7.
Petrosabah Sdn. Bhd. (PSSB)
100
15.
K. M. Hybrid Plantation Sdn. Bhd. (A JV Co of SSB)
30
8.
Shell Timur Sdn. Bhd. (STSB)
15
16.
Gerak Saga Sdn. Bhd. (A JV Co of Rakyat Berjaya Sdn. Bhd.)
30
9.
Innoprise Synergy Sdn. Bhd.
100
10.
Kimanis O&M Sdn. Bhd.
40
11.
Petrosab Sdn. Bhd.
100
12.
Inno Hydropower (M) Sdn. Bhd.
100
13.
Inno Hydropower (P) Sdn. Bhd.
100
14.
Oriole Hydro Maligan Sdn. Bhd.
30
15.
Oriole Hydro Padas Sdn. Bhd.
10
16.
Inno Solar Sdn. Bhd.
70
17.
Kimanis Power (Dua) Sdn. Bhd.
40
Forestry NO
COMPANY
EQUITY (%)
1.
Rakyat Berjaya Sdn. Bhd. (RBJ)
100
2.
Sabah Melale Wood Industries Sdn. Bhd.
61
3.
Innovision (PNG) Sdn. Bhd.
100
4.
Sabah Berjaya Sdn. Bhd.
98
5.
Nicohandal Sdn. Bhd. (Wholly owned company of RBJ)
100
6.
RT Plantation Sdn. Bhd. (OP) (A JV company of RBJ)
40
Golden Borneo Palm Sdn. Bhd.
Payment based on Royalty
Hutan Kita Plantation Sdn. Bhd.
Payment based on Royalty
Innovision International Limited
100
7. 8. 9. 183
YSG Annual Report 2024
Oil, Gas & Energy
YSG Annual Report 2024
184
MOVING FORWARD
Tourism NO
COMPANY
EQUITY (%)
1.
Borneo Nature Tours Sdn. Bhd. (BNT)
100
2.
Innoprise Jungle Lodge Sdn. Bhd. (IJL)
100
3.
Tanjong Aru Hotel Sdn. Bhd.
60
4.
Inno Travel & Tour Services Sdn. Bhd. (ITTS)
100
5.
D’Heritage Sdn. Bhd.
100
6.
Convention Hotel Sdn. Bhd.
100
NO
COMPANY
EQUITY (%)
1.
Inno Resource Development Sdn. Bhd. (IRDSB)
100
2.
Sunlight Inno Seafood Sdn. Bhd.
20
3.
Aquadive Discovery Sdn. Bhd.
100
4.
WAF Holding Sdn. Bhd.
30
NO
COMPANY
EQUITY (%)
1.
Kristal Handal Sdn. Bhd.
100
2.
Borneo Security Centre Sdn. Bhd.
100
3.
Sunwise Crystal Sdn. Bhd.
100
4.
Sinora Particle Board Sdn. Bhd.
100
5.
Norsechem (Sabah) Sdn. Bhd. (NSSB)
51
6.
YSG Silica Sdn. Bhd.
100
7.
Innoprise Wood Products Sdn. Bhd.
100
8.
Inno Aura Silica Sdn. Bhd.
60
9.
YSG Bioscape Sdn. Bhd.
100
Agro Fisheries
Others
185
YSG Annual Report 2024
To ensure that ICSB can consistently provide financial contributions to Yayasan Sabah, all ICSB subsidiary companies need to generate optimum profits so that dividends can be paid to ICSB. This will enable ICSB to provide the financial support required by Yayasan Sabah. Therefore, ICSB will closely monitor its subsidiary companies’ performance to ensure that their performance continues improving. The Special Management Committee (SMC) will continuously pursue strategic business opportunities and investments to diversify ICSB’s business portfolio. The initiative is intended to generate sustainable value and enhance the stability and growth of ICSB’s dividend income, thereby strengthening its financial contribution to Yayasan Sabah.
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Today's
Heritage Tomorrow's
Hope
YAYASAN SABAH CONSERVATION AREA Activities within Yayasan Sabah Forest Management Area
N W
E S 1:440,000
The Group exemplifies exemplary forest management by integrating conservation efforts across protected landscapes. The Group’s leadership in conservation is evident in its stewardship of globally significant protected areas, including the Danum Valley, Maliau Basin, and Imbak Canyon conservation areas, alongside the ecologically critical Taliwas River and Silam Coast ecosystems. Within its Class I Protection Forest Reserves, the Group has pioneered cutting-edge conservation initiatives such as the INIKEA Project for biodiversity rehabilitation and the INFAPRO Project for carbon sequestration. The Forest Carbon Project in Northern Kuamut further underscores the Group’s commitment to climate solutions. These efforts are reinforced by adopting Reduced Impact Logging (RIL) techniques, which establish new benchmarks for sustainable timber extraction while safeguarding adjacent conservation areas.
In its Class II Commercial Forest Reserves, the Group demonstrates the potential for responsible timber production and forest conservation to coexist under stringent sustainability protocols. Meanwhile, the pristine ecosystems of the Group’s Class VI Virgin Jungle Reserves remain safeguarded, serving as natural benchmarks for scientific research and ecological preservation.
189
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The strategic integration of protection and production within the Group’s management approach has positioned Yayasan Sabah Group as a global model for tropical forest management. Through this balanced approach, which prioritises the conservation of critical biodiversity and the support of sustainable livelihoods, the Group ensures the continued vitality of Sabah’s forests. These efforts preserve their renowned ecological value and contribute meaningfully to global climate mitigation strategies. 190
Yayasan Sabah Conservation Area Zoning
N
W
E S 1:440,000
Establishing Buffer Zones 1 and 2 around the Danum Valley, Maliau Basin, and Imbak Canyon conservation areas significantly advances biodiversity protection and promotes sustainable land-use practices. Buffer Zone 1 is a vital protective perimeter, effectively limiting high-impact activities and permitting only regulated forest research and eco-tourism initiatives. This zone is crucial in minimising human-induced disturbances and preserving the ecological integrity of these globally significant conservation areas. In contrast, Buffer Zone 2 facilitates controlled development, fostering community-based conservation initiatives and promoting responsible resource management. This zone enables local communities to engage in sustainable practices, contributing to conservation and economic well-being.
Together, these buffer zones provide a robust framework that ensures the long-term ecological stability of Sabah’s premier conservation areas. Integrating these zones aligns with a holistic approach that balances the preservation of biodiversity with socio-economic needs. This strategy enhances environmental stewardship and underscores a commitment to sustainable forest management and the long-term viability of Sabah’s unique natural heritage, setting a precedent for integrated conservation in tropical landscapes.
191
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DANUM VALLEY CONSERVATION AREA Bornean Wildlife Paradise
The Danum Valley Conservation Area (DVCA) has a total area of 298,942ha, with 43,800ha of undisturbed forest. The DVCA is one of Southeast Asia’s largest and best-protected expanses of near-pristine lowland forest, and it is one of the most important protected areas in the Old World tropics. The Danum Valley Studies Centre (DVSC) is located on the edge of DVCA. The research, training, environmental education and nature tourism facilities opened in 1986.
197
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DANUM VALLEY MANAGEMENT COMMITTEE The Committee’s primary role is supervising the area’s protection and development. The Committee is responsible for planning, coordinating, facilitating, monitoring and evaluating the conservation area’s management objectives.
Ministry of Tourism, Culture, and Environment
MAP
Borneo Rainforest Lodge Langom Research Station
INFAPRO Studies Centre
Taliwas River Studies Centre
DANUM VALLEY STUDIES CENTRE (DVSC)
298,942ha CLASS 1 (Protection) Forest Reserve with 199 195
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200 196
RESEARCH As of 2024, 680 researchers had completed or were working on projects related to Danum, comprising post-doctoral (176), PhDs. (269), Master’s (104), Bachelor’s (46) and others (145). The breadth of research areas studied shows the comprehensive approach used to understand and preserve the ecosystem and communities in the Danum Valley.
>200
1985 - 2024
680 researchers
PhDs. and Masters thesis completed
>550
>840
collaborative research projects
scientific journals, books, and popular media publications, including two symposium volumes of the Philosophical Transactions of The Royal Society in 1992 and 1999
2,478
A HAVEN FOR FLORA & FAUNA Number of Researchers (as of 31 December 2024) Completed Ongoing 209
200
At least Species of Trees
7
15 At least
121
Species of Mammals (including rare Primates like the Bornean Orangutan, Proboscis Monkey, and Sunda Clouded Leopard)
Yet to commence Total
Number of Researchers
176
150
135
At least
145
131
100
At least
56
338
At least
At least
Species of Amphibians
104
Species of Orchids
Species of Pitcher Plants
This primary virgin rainforest boasts one of the most diverse ecosystems on Earth and stands as one of the most ecologically essential forests worldwide.
250
806
Species of Plants
Species of Birds
71 60 50
46
43
9
73
20 13 2
0 Post-Doc
59 34
32 18
52
PhD
MSc
Species of Reptiles
1 BSc
73
Species of Fishes
Others
Level of Study
201 197
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202 198
PATROLLING & SURVEILLANCE
HOSPITALITY & RECREATION The DVSC was created to accommodate various visitors, including researchers and organised groups of school children participating in Environmental Educational Programmes (EEP). Aside from these, the Centre occasionally receives officials and tourists interested in natural history and general interest tourists. Tourists who prefer luxury accommodation and service are recommended to stay at Borneo Rainforest Lodge (BRL), as DVSC also functions to complement BRL. Since the opening of DVSC in 1986, the number of visitors has generally increased, except for a few years when the numbers dropped significantly for specific reasons.
Throughout 2024, 140 patrolling activities were carried out in DVCA. Most of the patrolling activities were routine patrolling from DVSC to the gate at KM55. Overall, no suspicious incidences or evidence of human encroachment were found.
Patrolling & Surveillance Activities 25
Visitors to DVSC
Annual and Cumulative Visitors (1987 2024) with Data Labels 103148
100000 20
99085
(1987 - 2024
19
90186 91114
91592
94473
85823 81951
80000
78061 74080
15
15 12 11
11
11
11 10
10
8 6 5
70466
Number of of Visitors Number Visitors
Number of Patrolling & Surveillance Activities
22
103,148
60000
Visitors
40000
37113
8736
ec D
ov N
ct O
pt Se
g Au
l Ju
n Ju
ay M
r Ap
ar M
b Fe
n Ja
42788
45238
50490
53548
11554
13959
16651
18878
21417
24099
26701
29628
6323 4818 4612 4063 4363 4061 3424 3536 3058 3909 3037 3275 2943 3754 3614 3981 3890 3872 2881 2413 2818 2405 2692 2227 2539 2682 2602 2927 1491 1872 2312 2450 2744 2508 1123 2017 928 478 894 1519 1282 1505
19 87 19 88 19 89 19 90 19 91 19 92 19 93 19 94 19 95 19 96 19 97 19 98 19 99 20 00 20 01 20 02 20 03 20 04 20 05 20 06 20 07 20 08 20 09 20 10 20 11 20 12 20 13 20 14 20 15 20 16 20 17 20 18 20 19 20 20 20 21 20 22 20 23 20 24
0
0
38604
40476
47982
60494
66712
33689
20000
4
57457
63769
Year Year
Month
Number of Visitors Cumulative Number of Visitors
Annual Visitors
Cumulative Visitors
For DVSC, from 1987 to 2002, the number of visitors arriving showed an increasing trend. However, in 2003, the number of visitors dropped due to the SARS outbreak, which also affected Malaysia’s tourism industry. From 2004 to 2010 the graph shows a steady increase in visitors’ arrival at the Centre. In 2010, a special EEP was conducted through the Conservation Fund. The programme contributed to the high number of arrivals to Danum Valley that year. The issuance of a travel advisor following the Tanduo standoff caused a decrease in arrivals to Danum Valley in 2013, while the COVID-19 pandemic caused a decline in arrivals in 2020 and 2021. Recovering from the effects of COVID-19, 2023 recorded the highest number of visitor arrivals at DVSC, with a total of 4,612 arrivals. However, in 2024, the number of arrivals decreased to 4,063. 203 199
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204 200
OUR PARTNERS
Visitors to BRL (1987- 2024)
Number of Visitors
120,000
108,212
100,000
Visitors
80,000 60,000 40,000 20,000 0
1 94 995 996 997 998 999 000 00 002 003 004 005 006 007 008 009 010 011 012 013 014 015 016 017 018 019 020 021 022 023 1 1 1 1 1 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2
19
Number of Visitors
Year
Cumulative Number of Visitors
A similar pattern has also been seen for BRL since its opening in 1994. On 3 February 2020, the first positive case of COVID-19 in Malaysia was reported. As positive cases increased, the Malaysian Government enforced the Movement Control Order (MCO) effective 18 March 2020. Following that, the number of visitors to BRL dropped significantly in 2020 and 2021. In 2022, the tourism industry was slowly increasing. Local tourism activities were active, and more countries opened their boundaries to allow international tourists. By 2023, this upward trend continued, with the number of visitors rising to 5,035, reflecting an increase in local and international travel as more countries eased their travel restrictions and Malaysia’s tourism sector continued its revitalisation efforts. In 2024, the number of visitors further increased to 5,300.
205 201
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206 202
HIGHLIGHTS 17-19 January Special Environmental Education Programme (SEEP) with participation from SK Terusan, Lahad Datu.
2024
18 May Social Impact Assessment survey at Kampung Lituk Pulau Lahad Datu. The purpose of the survey was to assess the impact of the development and management of the DVCA on the villages.
2-4 February Special Environmental Education Programme (SEEP) with participation from SK St. Stephen, Lahad Datu.
27-28 August Spatial Monitoring & Reporting Tool (SMART) Training at DVSC.
7-9 February Special Environmental Education Programme (SEEP) with participation from SMK Madai, Kunak.
14-16 February Special Environmental Education Programme (SEEP) with participation from SMK Segama, Lahad Datu.
6-26 September Field Course with Cambridge University & Swansea University.
23 March Joint Patrolling with other agencies (Sabah Wildlife Department & WWFMalaysia) surrounding Danum, Taliwas and Kawag areas.
26-30 April Social Impact Assessment (SIA) survey at Kampung Tampenau, Kampung Upak, Kampung Tawaiyari and Kampung Bukit Belacon. The purpose of the survey was to access the impact of the development and management of the DVCA on these villages.
11-12 October Participated in Karnival Teduh Bersama, SK Sahabat II, a public Awareness event.
13-15 December Special Environmental Education Programme (SEEP) with participation from SK St. Dominic, Lahad Datu.
207 203
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With a total area of 173,015ha and 58,840ha out of it is a pristine forest, Maliau Basin’s core area looks like a giant crater bounded by a formidable slope that reaches a height of more than 1,700 meters above sea level.
MOVING FORWARD Administration & Finance
Conservation, Research & Protection
As part of its capacity-building initiatives, the Group is committed to enhancing staff skills to gain knowledge, deliver tasks, and manage the area efficiently. Secondly, the Group is establishing a sustainable financial plan and revising the DVCA Strategic Management Plan 2023 2032. In all cases, strong preference will be given to activities that involve minimal risk to the DVCA while yielding maximum benefits, including financial benefits, for conservation.
The Group will continuously update information on DVCA’s flora, fauna, climate, hydrology, and geomorphology for future study references.
Development & Maintenance The Group is innovatively promoting clean energy by initiating a plan for renewable energy resources at the studies centre and research stations. This not only aligns with our conservation goals but also helps to reduce the Centre’s operational costs.
Meanwhile, based on the lessons learned from the DaMaI initiative, the Group will enhance patrolling and monitoring activities to protect the area. The Group is also actively pursuing the Green Listing of the International Union for Conservation of Nature (IUCN) - an international benchmark for quality that motivates improved performance and achievement of conservation objectives.
Maliau Basin Conservation Area
Enchanting Lost World of Borneo
Maliau Basin Conservation Area (MBCA) is one of Malaysia’s most exceptional wilderness areas with outstanding natural features, such as the majestic seven-tiered Maliau Falls, breathtaking Takob-Akob Falls and many other spectacular waterfalls seamlessly warrant such an accolade. The Maliau Basin Studies Centre (MBSC) features research, education, training, volunteerism, and ecotourism facilities. Eight research stations and ranger camps support these activities. Introducing renewable energy at MBSC minimises operating costs, prioritising activities with minimal risk and maximum benefits, including financial gains for conservation. Efforts include monitoring endangered wildlife and focusing on Bornean Banteng and Bornean Pygmy Elephant habitats, behaviours, and threats. Environmental Education (EE) cultivates appreciation of nature and generates revenue. Hospitality activities offer sustainable financing with ongoing Global Sustainable Tourism Council accreditation. MBCA is accessible by road from Kota Kinabalu via Keningau or Tawau via Kalabakan, approximately 200 kilometres from Tawau and 175 kilometres from Keningau.
209 205
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MAP
MALIAU BASIN MANAGEMENT COMMITTEE The Committee’s primary role is supervising the area’s protection and development. The Committee is responsible for planning, coordinating, facilitating, monitoring and evaluating the conservation areas’s management objectives.
Ministry of Tourism, Culture, and Environment Maliau Basin Studies Centre (MBSC)
173,015ha CLASS 1 (Protection) Forest Reserve with
211 207
58,840ha of Maliau Basin core area as pristine forest
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212 208
RESEARCH
A HAVEN FOR FLORA & FAUNA
As of 2024, 459 researchers had completed or were working on projects related to Maliau, including post-doctoral (67) and PhDs. (104), Master’s (121), Bachelor’s (32) and others (135). The research covers various subjects such as flora, fauna, climate, hydrology, phenology, geomorphology and community.
(1997-2024)
459
MBCA is a botanical resource of immense value. It serves as a last refuge for many species lost in other areas due to habitat disturbance. Although only a fraction of the species were identified, the known species count is significant. Many of the species found in Maliau are rare and endemic to Sabah or Borneo, with some being exclusive to Maliau.
Researchers
>1,800
Number of Researchers (as of 31 December 2024)
Species of Plants
91
Species of rare Mammals
150
278
Species of Orchids
Species of Birds
41
20
Species of Bornean endemic
53
Species of Amphibians
213 209
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PATROLLING & SURVEILLANCE
HOSPITALITY & RECREATION
Joint patrols were carried out in collaboration with various other authoritative agencies, such as the Sabah Forestry Department, Royal Malaysia Police (PDRM), Sabah Wildlife Department, and WWF-Malaysia, ensuring rigorous enforcement in the area. Additionally, MBCA staff patrol day and night in the Maliau Buffer Zone to ensure maximum security.
MBCA’s ecosystems are valuable knowledge sources that generate various sustainable benefits for Sabah, Malaysia, and the world. In all instances, activities that involve minimal risk to the MBCA while providing maximum benefits, including financial benefits, for conservation will be prioritised.
The Khazanah Integrated Operation (Operasi Bersepadu Khazanah) was an initiative by PDRM to enforce and coordinate efforts to combat wildlife crime, and the Group’s MBCA’s DaMaI Patrolling Team and other prominent organisations joined hands in this crucial effort. Any attempts to undermine the area’s safety and security were handled strictly and promptly.
Following National and State policies, recreational tourism at MBCA will be implemented to enhance opportunities to increase the number of visitors, create awareness of the significance of MBCA through the Environmental Education Programme, provide employment opportunities among local communities from adjacent areas, and optimise revenue. These will be achieved while maintaining the wilderness character of MBCA and its tourism opportunities. ( 2010 - 2024)
41,607 Visitors
Throughout 2024, 241 patrolling and surveillance activities were carried out in MBCA.
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Maliau Basin Wildlife and Resources Survey 13 to 26 May 2024
OUR PARTNERS
Over 100 participants, including eminent researchers, representatives from government agencies, and supporting personnel such as rangers, logistics teams, guides, and field assistants, explored the biodiversity and abundance of natural resources in the Maliau Basin during the survey. Nine campsites were identified for the survey, and participants were allocated strategically to ensure comprehensive coverage within a five-kilometre radius. This significant initiative, spearheaded by the Sabah Wildlife Department, is supported by an esteemed organising committee comprising key stakeholders such as the Sabah Forestry Department, Sabah Parks, WWF-Malaysia, Sabah Environmental Trust, Sabah Tourist Guides Association and various universities. Ministry of Natural Resources and Environmental Sustainability
This marks the second iteration of the survey, following the initial one conducted in 2013. The 2024 survey successfully met several critical objectives, including compiling data for the MBCA Strategic Management Plan, documenting wildlife abundance and distribution, identifying possible tourism developments, and formulating research questions for future explorations. This collaborative effort represents a significant advancement in the conservation and sustainable management of the Maliau Basin, one of Borneo’s most ecologically rich wilderness areas. Often referred to as Sabah’s Lost World, its remote and largely uncharted terrain inspires scientific discovery, deepens environmental understanding, and reinforces the urgent need to protect this natural heritage for future generations.
217 213
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Seminar on Maliau Basin Wildlife and Resources Survey 14 November 2024 Officiated by the Assistant Minister to the Chief Minister of Sabah, Datuk Abidin bin Madingkir, the seminar served as a platform to unveil the latest findings from the MBCA, reinforcing ongoing conservation efforts in Sabah. The seminar provided an opportunity to share compelling insights from the 14-day survey, including updated data on species distribution, emerging wildlife threats, and the area’s potential for sustainable ecotourism development. A key highlight was the presentation of findings from all nine survey campsites, each offering unique perspectives based on their respective zones, ranging from wildlife sightings and habitat characteristics to cultural encounters and resource mapping.
HIGHLIGHTS
2024 21 June 2024 A new staircase was constructed near the AV Lounge to ease access to the trail near the rest house building.
13 June 2024 Maintenance works on the suspension bridge at Nepenthes Camp.
10 September 2024 Occupational, Safety, and Health (OSH) Audit. 22 - 26 July 2024 Conservation and Environmental Management Division Quarterly Meeting: 4th Quarter 2023 – 2nd Quarter 2024.
17 December 2024 The 28th Maliau Basin Management Committee Meeting. 22 - 25 October 2024 Maliau Basin Research Direction Workshop.
January-December 2024 Joint patrolling activity with WWF-Malaysia, Sabah Forestry Department, Sabah Wildlife Department and the Royal Malaysia Police.
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Nestled within the heart of Sabah, the Imbak Canyon Conservation Area (ICCA) unfolds across an expansive 130,934ha, with an impressive 27,599ha dedicated to pristine, untouched virgin forest reserves. This carefully preserved sanctuary owes its existence to dedicated scientific expeditions that unveiled a treasure trove of biodiversity and conservation significance, all set against a backdrop of unparalleled geomorphological uniqueness. In the northern reaches of the Canyon, a captivating expanse of lowland forest unfolds, cradled by the embrace of towering sandstone ridges that soar to heights of up to 1,000 meters. Contrasting this, the southern domain reveals a rugged mountainous terrain dominated by the majestic pinnacle of Gunung Kuli, proudly standing at an elevation of 1,527 meters.
MOVING FORWARD •
•
Ensure full compliance with legal requirements, including licensing for guides and transportation.
•
Prioritise low-risk, high-impact activities that support MBCA’s conservation and financial sustainability.
•
•
221 217
Administration & Finance Enhance staff capacity through targeted training to produce skilled employees and increase work efficiencies in administration, finance, engineering, forest management, and tourism services (e.g., nature interpretation and guiding, front office, and housekeeping).
Maintainance & Development Improve accessibility through upgraded trail systems and infrastructure, including gazebos, toilets, and bridges. Transition to renewable energy sources (solar, wind, low-impact small hydroelectric sources) at the study centre and research station to reduce operational costs and promote environmental awareness.
•
Conservation, Research & Protection Draft a new 10-year Strategic Management Plan (2024–2033), incorporating 2024 Wildlife and Resource Survey data.
•
Strengthen patrolling and monitoring, guided by insights from the DaMaI initiative.
•
Encourage research and internships, with students conducting mini-projects to develop critical thinking while contributing to the Group’s research database.
•
Reinforce MBCA’s role as a core research and training hub through the renewed MoU with the Nordic Rainforest Research Network (NRRN).
•
Hospitality & Recreation Develop the Maliau, Kuamut, Pinangah, and Inarad Tourism Zones based on findings from the 2024 Wildlife and Resource Survey.
•
Formulate a 5-year action plan to expand eco-tourism activities.
•
Launch targeted eco-tourism packages tailored to diverse visitor groups, combining forest trekking and leisure at the study centre.
YSG Annual Report2024 2023 YSG Annual Report
Winding through the Canyon, the Imbak River orchestrates the creation of stunning cascading waterfalls, forming a natural spectacle. A tributary, the Kangkawat River, originating from the slopes of Gunung Kuli to the south, joins the Imbak River before gracefully merging at the Valley's lowest point. Near the Imbak Canyon Studies Centre (ICSC), the combined waters join forces with the mighty Kinabatangan River. The evolution of ICCA into a beacon of conservation was made possible through robust collaborations with local and international entities. PETRONAS, a key contributor to this endeavour, assumed a pivotal role by constructing the ICSC and providing substantial funding for diverse conservation initiatives through the Yayasan Sabah Group-PETRONAS Imbak Canyon Conservation Partnership. Furthermore, PETRONAS' generous support extended to the formulation of the Imbak Canyon Strategic Management Plan, underscoring its unwavering dedication to the growth and sustainability of ICCA.
IMBAK CANYON The Bornean Hidden Valley
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222 218
IMBAK CANYON MANAGEMENT COMMITTEE
MAP
At the helm of Imbak Canyon's custodianship stands the Imbak Canyon Management Committee, meticulously steering the course of protection and advancement within this remarkable domain. The Committee shoulders the weighty responsibility of envisioning, harmonising, fostering, vigilantly observing, and appraising the attainment of the conservation area's strategic management goals.
Imbak Canyon Studies Centre (ICSC)
Ministry of Tourism, Culture & Environment
Tongod District Office
130,934ha
CLASS 1 (Protection) Forest Reserve
27,599
with ha of Imbak Canyon core area is pristine forest
223 219
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RESEARCH
100
A HAVEN FOR FLORA & FAUNA Nestled within the heart of Sabah's pristine landscapes, the ICCA emerges as an ecological treasure trove, captivating the senses with its rich tapestry of life. In embracing this verdant sanctuary, nature unfolds in unparalleled diversity, showcasing a symphony of flora and fauna that beckons exploration and preservation.
Number of Researchers (as of 31 December 2024)
90 80 Number of Researchers
(1997-2024) 70
ICCA invites you to delve into its captivating realms, where every species, every leaf, and every rustle in the undergrowth contributes to the harmonious symphony of life, awaiting discovery and safeguarding for generations to come.
60 50 38
40 30
10
18
16
20
12
including
32
89
Researchers
796 At least
5
Post-Doc
Species of Endemic plants
PhD
MSc
BSc
Species of Plants
Others
Level of Study
As of 2024, 89 researchers had completed or were working on projects related to Imbak. The research covers various subjects such as flora, fauna, climate, hydrology, geomorphology and community. At least
At least
At least
Species of Dipterocarps
Species of Orchids
Species of Mammals
79
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82
242
Species of Birds
At least
At least
At least
At least
Species of Reptiles
Species of Amphibians
Species of Freshwater Fishes
Species of Termites
33
225 221
95
At least
38
37
41
226 222
(2005-2024)
30
HOSPITALITY & RECREATION
25 19
20 17
16
17
16
15
17
10
Visitors
9
4
5
Visitors to ICCA 0 an
J
F
eb
M
ar
A
pr
M
ay
ne
Ju
J
ul
A
ug
Se
pt
O
ct
ov
N
D
Throughout 2024, 171 patrolling and surveillance activities were carried out in ICCA.
In 2024, meticulous and comprehensive patrols conducted on foot, by vehicle, or through a combination of both reflected an unwavering commitment to conservation. Patrols were strengthened through collaboration between the Group and the Sabah Forestry Department (SFD), with the DaMaI Patrol/Ranger Team leading vehicle patrols and occasionally undertaking overnight foot patrols. Wildlife monitoring efforts were further enhanced by installing camera traps and using drones, generously provided by Yayasan Petronas. These surveillance measures were also integrated into the Imbak Canyon Wildlife & Resource Survey conducted in early September, which saw the involvement of external groups, further reinforcing the collective effort to safeguard Sabah’s natural heritage.
YSG Annual Report2024 2023 YSG Annual Report
14,821
16000
ec
Month
227 223
14,821
13
12 10
ICCA receives a broad range of visitors in nature tourism, familiarisation visits, meetings, training, EE programmes and research activities.
21
14000 Number of Visitors
Number of Patrolling & Surveillance Activities
PATROLLING & SURVEILLANCE
12000 10000 8000 6000 4000 2000
1082
0
4 05 006 007 008 009 010 011 012 013 014 015 016 2017 018 019 020 021 022 023 202 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2
20
Year Cumulative Number of Visitors
2023 YSG Report 2024 YSGAnnual Annual Report 2024
Number of Visitors
228 224 224
"Imbak Canyon is indeed Malaysia's most
beautiful treasure" - Maya Karin, Actress 22 February 2013
HIGHLIGHTS
2024
OUR PARTNERS
26-29 May Imbak Canyon Environmental Education Programme with participation from SMK Entilibon, SMK Penangah, SMK Telupid, and SMK Tongod.
14-17 December Outreach Programme at SMK Tongod.
3-15 September Imbak Canyon Wildlife and Resources Survey During the survey, approximately 150 participants, including eminent researchers, government agencies, and supporting personnel, explored the biodiversity and abundance of natural resources in the Imbak Canyon. Seven campsites were identified for the survey, and participants were allocated to ensure comprehensive coverage within a 2km radius. This significant initiative, spearheaded by the Sabah Wildlife Department, is supported by an esteemed organising committee comprising key stakeholders such as the Sabah Forestry Department, Sabah Parks, WWF-Malaysia, Sabah Environmental Trust, and several universities such as the Universiti Malaysia Sabah and Universiti Teknologi MARA. This marks the second survey conducted in Imbak Canyon, following the initial survey in 2012. The survey achieved critical objectives, including compiling data for the ICCA Strategic Management Plan, documenting wildlife abundance and distribution, assessing potential threats such as poaching and forest fires, evaluating impacts from surrounding land use, identifying possible tourism developments, and formulating research questions for future explorations.
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Imbak Canyon, one of Sabah's last remaining substantial unlogged lowland dipterocarp forests, is nestled in the heart of Borneo. Beyond its role as a vital water catchment area for the Kinabatangan River, the longest river in Sabah, the canyon is an essential wildlife corridor
linking the Danum Valley to the Maliau Basin. This ecological connection not only sustains biodiversity but also supports the survival of numerous species, highlighting the pressing need to protect this irreplaceable natural treasure. The survey findings further emphasise that preserving Imbak Canyon is essential for maintaining ecological balance and securing the future of conservation efforts in the region.
12-14 December Imbak Canyon Conservation Area Open Day The three-day open-day event, jointly organised by the Group, Sabah Forestry Department, Sabah Wildlife Department, and the Sabah Environmental Trust, aimed to raise awareness and promote action for the preservation of one of Borneo’s most precious ecosystems—the Danum Valley-Maliau Basin-Imbak Canyon (DaMaI) Rainforest Landscape. The event was officiated by Encik Hanafiah Diman, Corporate Secretary of Yayasan Sabah, who represented the Director of Yayasan Sabah. The open day saw an enthusiastic turnout of 200 visitors. It featured various engaging activities, including a briefing on Imbak Canyon’s potential as a UNESCO World Heritage site, site visits to key attractions, an interactive Kupi Kupi session, video screenings, and a guided tour of the stunning Imbak Falls. This programme is part of a broader initiative to educate communities about the DaMaI Rainforest Complex. It fosters a deeper understanding of its ecological significance and ensures its preservation for future generations. Recognising the importance of engaging the public and local communities in conservation efforts, the Group is committed to implementing more community-based initiatives to raise awareness and drive the conservation of the DaMaI Rainforest Landscape for generations to come.
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230
MOVING FORWARD
TALIWAS RIVER CONSERVATION AREA
As Imbak Canyon’s conservation journey progresses, 2024 marks a pivotal year for implementing key infrastructure and facility improvements. Building on the strong foundation established in previous years, this year focuses on upgrading the region’s infrastructure to support sustainable conservation efforts, enhance visitor experiences, and ensure long-term stewardship of the area.
Refreshing and Rejuvenating Rainforest Eden
Key projects include the development of the Tampoi Research Station Campsite, renovations at the Tawawo Resthouse, and improvements to the Dining Hall in Gunung Kuli Research Station. These initiatives are designed to create more accessible and comfortable spaces for visitors and researchers, providing a sustainable way to engage with the natural beauty of Imbak Canyon. In tandem with these developments, the access route to the Imbak Canyon Learning Centre (Bukit Neves) is receiving critical upgrades. The walkways are being cemented for better accessibility, while the drainage system is being enhanced to prevent erosion and maintain the integrity of the trail. These efforts are part of a comprehensive vision for the future of Imbak Canyon, ensuring that the area remains a beacon of natural beauty, ecological research, and sustainable tourism for generations to come. Imbak Canyon’s infrastructure is being thoughtfully developed through these initiatives to support conservation while fostering deeper engagement with its rich biodiversity and unique landscapes.
The Taliwas River Conservation Area (TRCA) is about 36 kilometres from Lahad Datu town and 45 kilometres east of the Danum Valley Conservation Area (DVCA). TRCA encompasses a large forested area stretching from Sungai Segama to the adjacent Sapagaya Forest Reserve (including Bukit Silam) and the Kawag-Gibong Virgin Jungle Reserve (VJR) near the coast. The Group established the Taliwas River Studies Centre (TRSC) to facilitate activities at Taliwas, which includes several infrastructures and facilities, including a nursery and a dipterocarp tree arboretum. TRSC research activities have been integrated with recreation and ecotourism initiatives to optimise the Centre’s use. TRCA is a perfect place for visitors to enjoy pleasurable experiences due to its unique flora vegetation, beautiful serene lake, and crystal-clear river. TRCA also offers the chance to see wildlife, such as birds, mammals and reptiles, as well as discover unique plants around the area. It now aims to serve as a biodiversity conservation gene bank, besides providing the public with facilities and services for nature recreational activities and a venue for Environmental Education Programmes for students. 235 231
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FLORA AND FAUNA MAP
The table below displays the monthly counts of fauna found in the TRCA in 2024 by each month. There are two types of observation: night drive wildlife observation and daily wildlife observation: January Daily wildlife observation NO.
DATE
LOCATION
WILDLIFE
QUANTITY
1.
At all times
TRCA
Long Tailed Macaque/Macaca Fascicularis
In a group
Monitor Lizard/Varanus Varius
2
2. 3.
26/1/24
KM13
Crested Fire Back
1
4.
31/1/24
KM21
Malay Civet
1
Sungai Taliwas Forest Reserve
February Daily wildlife observation
TALIWAS RIVER STUDIES CENTRE (TRSC)
NO.
DATE
LOCATION
WILDLIFE
QUANTITY
1.
At all times
TRCA
Long Tailed Macaque/Macaca Fascicularis
In a group
Monitor Lizard/Varanus Varius
2
2 3.
6/2/24
Taliwas River (Jambatan area)
Malay Civet
2
4.
28/2/24
Taliwas River (Jambatan area)
Marble Cat
1
March Daily wildlife observation
9,546ha
CLASS 1 (Protection) Forest Reserve
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NO.
DATE
LOCATION
WILDLIFE
QUANTITY
1.
At all times
TRCA
Long Tailed Macaque/Macaca Fascicularis
In a group
2.
At all times
Monitor Lizard/Varanus Varius
2
3.
2/3/24
Taliwas River (football field)
Mouse Deer
3
4.
4/3/24
Behind the staff quarters area
Orang Utan
1
5.
6/3/24
Forest Park
Orang Utan
1
6.
15/3/24
Orang Utan
1
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April Daily wildlife observation
September Daily wildlife observation
NO.
DATE
LOCATION
WILDLIFE
QUANTITY
NO.
DATE
LOCATION
WILDLIFE
QUANTITY
1.
At all times
TRCA
Long Tailed Macaque/Macaca Fascicularis
In a group
1.
At all times
TRCA
Long Tailed Macaque/Macaca Fascicularis
In a group
Monitor Lizard/Varanus Varius
2
Monitor Lizard/Varanus Varius
2
2.
2. October Daily wildlife observation
May Daily wildlife observation NO.
DATE
LOCATION
WILDLIFE
QUANTITY
1.
At all times
TRCA
Long Tailed Macaque/Macaca Fascicularis
In a group
Monitor Lizard/Varanus Varius
2
2.
June Daily wildlife observation NO. DATE
1.
At all times
LOCATION
TRCA
2. 3.
6/8/2024
4.
17/6/24
KM18
WILDLIFE
QUANTITY
Long Tailed Macaque/Macaca Fascicularis
In a group
Monitor Lizard/Varanus Varius
2
Bornean Pygmy Elephant
In a group
Crested Fire Back
3
NO.
DATE
LOCATION
WILDLIFE
QUANTITY
1.
At all times
TRCA
Long Tailed Macaque/Macaca Fascicularis
In a group
2.
12/10/24
Monitor Lizard/Varanus Varius
1
November Daily wildlife observation NO.
DATE
LOCATION
WILDLIFE
QUANTITY
1.
At all times
TRCA
Long Tailed Macaque/Macaca Fascicularis
In a group
Monitor Lizard/Varanus Varius
2
LOCATION
WILDLIFE
QUANTITY
TRCA
Long Tailed Macaque/Macaca Fascicularis
In a group
Monitor Lizard/Varanus Varius
2
Bornean Pygmy Elephant
In a group
2.
December Daily wildlife observation NO. DATE 1.
July Daily wildlife observation
2.
NO.
DATE
LOCATION
WILDLIFE
QUANTITY
1.
At all times
TRCA
Long Tailed Macaque/Macaca Fascicularis
In a group
Monitor Lizard/Varanus Varius
2
Bornean Pygmy Elephant
In a group
2. 3.
16/7/2024
KM18
At all times
3.
4/12/24
KM18
4.
30/12/24
TRCA
August Daily wildlife observation NO.
DATE
LOCATION
WILDLIFE
QUANTITY
1.
At all times
TRCA
Long Tailed Macaque/Macaca Fascicularis
In a group
Monitor Lizard/Varanus Varius
2
Giant Squirrel
1
2. 3.
235
28/8/2024
KM18
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HOSPITALITY & RECREATION
PATROLLING & SURVEILLANCE Throughout 2024, the Group together with the Sabah Forestry Department and Sabah Wildlife Department (under the DaMaI Patrolling & Monitoring Initiative, funded through Sabah Environmental Trust) carried out 70 joint patrolling activities in TRCA. Most of the patrolling activities were routine from TRCA to gate KM55.
2600
2,456
(2009-2024)
2400 2200 2000 1,814 1800 1600
1,670
22,019
1,546
1,511
1,542
1400 Number of Visitors
1,730,
1,717
1,657
1,410,
Visitors
1,454
1200
1,096
1000 800
897
748
600 552 400 200
219
24 20
23 20
21
22 20
20
19
20 20
20
17
18 20
20
16 20
15 20
14 20
13 20
11 20 12
20
10 20
20
09
0
Year
TRCA’s visitor count steadily increased when the MCO was lifted in 2022, and this pattern continued throughout 2023. In 2024, the total number of visitors increased to 2,546, making it the highest recorded across all years and continuing the upward trend.
Patrolling & Surveillance Activities 10
Number of Patrolling & Surveillance Activities
10
8
8
8
7
7 6
6
5
5 4
OUR PARTNERS
4
4 3
3
2
Jan
Feb
Mar
Apr
May
June
July
Aug
Sept
Oct
Nov
Dec
Month
237
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CSIRO
(Australia Seed Centre) Studies on Eucalyptus pelita.
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Sabah Forestry Department
Cirad Foret
(France Forestry & Agriculture Research Institution) Studies on Eucalyptus pelita.
JIRCAS of Japan
Studies on the control of insect borders using pheromones on Mohagany (Swietenia. macrophylla).
238
HIGHLIGHTS
2024
12 – 14 January 2024 Sabah Triton Expedition organised Lahad Datu Camp Meet 1.0 at TRCA.
HIGHLIGHTS
2024
10 – 12 May 2024 SMK Agaseh, Lahad Datu
6 March 2024 Occupational Safety and Health Internal Audit by the Security and Enforcement Division (Occupational Safety and Health Section).
5 – 8 March 2024 Sabah Nature Club (SNC) conducted a Team Building Course for staff as part of the ‘Train the Trainer’ programme.
Team Building Course 1
Environmental Education Programmes EEP – Kembara Rimba Taliwas 10 May – 25 November 2024 TRCA and SEARRP jointly organised a series of EEP – Kembara Rimba Taliwas from May to November 2024. Over 900 students and teachers from Tawau, Sandakan and Lahad Datu districts participated in the programme.
Team Building Course 2
12 – 14 July 2024 SMK Tungku, Lahad Datu
19 – 21 July 2024 SMK Desa Kencana, Lahad Datu
19 – 21 July 2024 SM ST Dominic, Lahad Datu
2 – 4 August 2024 SMK Sepagaya & SMK Segama, Lahad Datu
Team Building Course 3
10 March 2024 Sabah Forestry Department conducted the collection of dipterocarp seeds for conservation and reforestation efforts.
2 – 4 August 2024 SMK Bukit Garam II, Kinabatangan
Team Building Course 4
243 239
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HIGHLIGHTS
HIGHLIGHTS
2024 22 – 25 November 2024 SMK Paris, Kinabatangan
23 – 25 August 2024 SMK Terusan & SMK Agaseh, Lahad Datu
2 – 4 September 2024 SM Visi, Tawau
2024
22 – 25 November 2024 Lahad Datu Sea Scouts 100th Anniversary Celebration in TRCA.
9 – 10 December 2024 NGO Hutan conducted EEP in TRCA
27 – 29 September 2024 SMK Desa Kencana, Lahad Datu
11 -13 October 2024 SK Lahad Datu IV & SK Payang
241
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Silam Coast Conservation Area Where the wildlife of land and sea meet
A Research Centre for Marine & Mangrove Ecosystem Silam Coast Conservation Area (SCCA) is located on the east coast of Sabah. Unlike the other conservation areas, SCCA is a coastal forest surrounded by crystal clear seawater and mangrove forests. The area is one of the few remaining relatively undisturbed coastal forests in Sabah. It is established for conservation, research, education, public awareness, training as well as nature recreation.
MOVING FORWARD Administration and Finance TRCA’s strategic goals, which encompass becoming a prime conservation area for research, training, education, and protection of forests, are of significant importance. These goals, including biodiversity enhancement, water catchment for Lahad Datu, and climate mitigation, are biologically crucial and reflect our commitment to the environment. A five-year projection, detailing the method and time frame for achieving these goals, will be prepared to ensure Taliwas has the guidelines and a timeline for achieving the goals, demonstrating our dedication to transparency and accountability. The Group is committed to transitioning to a sustainable financial model in its daily operations. This shift involves considering Environmental, Social, and Governance (ESG) factors in our investment decisions, leading to more long-term investments in sustainable economics and projects. This approach ensures our financial stability and underscores our commitment to responsible and sustainable practices, providing stakeholders with confidence in our operations. The Group also plans to invent a green power supply method as a subset of renewable energy and represent those renewable energy resources and technology that provide the highest environmental benefit to the environment, such as solar power, wind, geothermal, biogas, eligible biomass, and low-impact small hydroelectric sources. TRCA will also enlist in the green list status and get a certificate from the Global Sustainable Tourism Council (GSTC). Hospitality and Recreation Since 2009 until 2024, TRCA has accumulated 22,019 visitors locally and internationally. This indicates that TRCA could be a tourist site destination, potentially attracting many other collaborators and properstive parties to collaborate with Taliwas. The Group has established a unit that promotes TRCA as a tourism destination and will develop a five-year plan for TRCA’s eco-tourism promotion. This includes creating and promoting packages for Taliwas and becoming an expert on the packages, such as environmental education and camping activities. Development and Maintenance The Group plans to upgrade the current facilities, including the camping site, hostel, and surrounding amenities. Their goal is to become one of the best camping sites in Sabah and a leading EEP site. The Group also intends to construct additional visitor facilities.
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FACILITIES & ACCOMMODATION
MAP
Several developments have been done in SCCA since the Group began to manage it in 2003 as a conservation area. Among them are the construction of the Shell Silam Coast and Reception Building, staff quarters, researcher’s quarters, jetty, resting hut, public washroom, viewing platform, and staircase for trekking and hiking. Besides infrastructures, SCCA has also established a few trails such as the coastal and five-peak trails. SCCA is the latest eco-recreation destination in Lahad Datu. It offers many activities to visitors, such as hiking, trekking, birdwatching, snorkelling, kayaking and venue for events.
SILAM COAST STUDIES CENTRE (SCSC)
1,782.56 ha Conservation Area 245
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RESEARCH
PATROLLING & SURVEILLANCE
In 2024, two research studies were carried out in the SCCA since 2023.
Throughout 2024, SCCA rangers conducted 11 comprehensive patrolling and surveillance activities in SCCA and its surrounding areas. These activities extend beyond the terrestrial area, encompassing the marine boundary area proposed for SCCA. The major threat encountered during terrestrial patrolling is the encroachment of the SCCA boundary by illegal settlers and orchards or plantation owners. Illegal poaching incidents are rare in SCCA. In the marine area, the frequent threat encountered is trawler vessels close to the SCCA coastal area. In addition to the patrolling activity, SCCA staff monitor the Tumunong Hallo rehabilitation plot.
These research endeavours were carried out through the collaborative efforts of the Group with various government departments, non-governmental organisations, and academic institutions. The primary with objective of these activities was to explore and study the SCCA, focusing on its ecological landscape and biodiversity. Although no new species of flora or fauna were discovered during this period, the research conducted since 2023 has significantly contributed to the ongoing conservation and preservation initiatives within the SCCA.
Patrolling & Surveillance Activities 3.5
NAME
TITLE
Habibah Mohd Yusah
Census on population density and distribution of Proboscis Monkey (Nasalis larvatus) in SCCA, Sabah
Julika Winterstein
Socio-ecological baseline study for a restoration site in the SCCA, Sabah
A HAVEN FOR FLORA & FAUNA Despite being a degraded forest, SCCA recorded a significant amount of biodiversity. The Group made several efforts and activities, such as scientific expeditions, seminars, and funding applications to establish and develop SCCA for conservation, research, education, public awareness, training, and nature recreation.
25
Species of mammals
147
Species of reef fishes
57
Genera of corals
247
1
Genus of snake
6
Species of insects
including
63
Species of mangrove trees
Number of Patrolling & Surveillance Activities
The studies are as follows:
3
3
3
2.5 2 2
1.5 1
1
1
Jun
Jul
1
0.5 0 March
April
Sept
Oct
Month
40
Species of marine invertebrates
>60 Species of birds
100
Species of trees
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HOSPITALITY & RECREATION
OUR PARTNERS
The number of visitors to SCCA has shown resilience, increasing from 2016 to 2019. Despite a decline in 2020 due to COVID-19, it steadily rose two years after the pandemic. This increase can be attributed to active social media promotion and partnerships with local adventure groups. Hiking and trekking activities are popular among locals, and SCCA is a preferred venue for outdoor programmes due to its easy accessibility from the main road.
SHELL Malaysia
In 2010, SHELL Malaysia contributed RM350,000 to construct the SHELL Silam Coast Reception and Information Building which serves as a management office, classroom for environmental education, and exhibition gallery.
By 2024, visitor numbers reached a record high of 42,077, reflecting the continued success of these initiatives and the growing demand for nature-based recreational activities.
Further to that, the Group successfully organised a scientific expedition, seminar, and stakeholder's forum to garner information and stakeholders' input on establishing SCCA in 2015. SHELL Malaysia provided the Group RM116,044.98 to fund the programmes.
Sabah State Government
In December 2020, the Group managed to obtain the 12th Malaysia Plan fund of RM800,000 from the Sabah State Government through the Sabah Forestry Department to formulate SCCA First Strategic Management Plan. This project is expected to be completed in 2025.
Visitors to SCCA (2016-2024)
45000 42077 40000
Sabah Environmental Trust (SET)
35000 30000 Visitors
Under the 12MP fund to formulate SCCA First Strategic Management Plan, the Group has appointed the Sabah Environmental Trust (SET) as its consultant. SET will assist the Group in planning and conducting programmes and preparing the strategic management plan document. A Memorandum of Agreement with SET was signed on 10 December 2021 to effect the appointment.
32848 27848
42,077
25000 19460
20000
Visitors
21193
15800
15000
Danum Valley Management Committee
10000
9320
5000 583 0
2016
6870
2453
3660
1870 2017
2018
2019
2020
The DVMC had contributed for Special Environmental Education Programme and four units of boats to SCCA. The boats are utilised for patrolling, research, and environmental education activities.
8590
6655
6477
5439 1733 2021
2022
2023
2024
Year Number of Visitors
253 249
Preferred by Nature The Group signed a Memorandum of Agreement (MoA) with Denmarkbased Preferred by Nature (PbN) on 22 August 2024, at the SCCA, aiming to restore the degraded forest in SCCA and ensure its preservation for future generations. Supported by PbN’s RM1.2 Million funding, these efforts will rehabilitate the degraded forest and advance a sustainable future.
Cumulative Number of Visitors
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Environmental Education Programmes SCCA organised a series of EEPs from November to December 2024. Over 2,000 students and teachers from SK Kunak Jaya and SMK Kunak Jaya in the Kunak district, as well as SK Pekan Semporna, SK Bukit Lalang, and SK Bubul from the Semporna district participated in the programmes at SCCA.
HIGHLIGHTS
HIGHLIGHTS
2024
2024
December 2024 Turtle Conservation Project at Turtle Beach, SCCA The project main objective is to protect the existing population of turtle eggs by initiating turtle conservation through hatchery management in SCCA.
9 July 2024 SMK Kunak Jaya, Kunak
10 July 2024 SK Bukit Lalang & SK Bubul, Semporna
12 July 2024 SK Pekan Semporna, Semporna
251
17 July 2024 SK Kunak Jaya, Kunak
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MOVING FORWARD
Conservation and Research
Administration and Finance
•
Strengthening SCCA’s human resource capacity and financing is crucial for effectively executing SCCA’s management strategies and actions. Based on SCCA’s current workforce and operation conditions, the following measures are proposed: •
To recruit staff to support eco-tourism, EEP, research activity, and admin and finance work. Insufficient supporting staff, such as rangers, to conduct intensive patrolling and maintenance activity and managing visitors, especially during peak season.
•
SCCA staff needs more experience and skills to operate in protected areas. Hence, there is a need to train existing and future staff in relevant fields such as EEP, nature guiding, lifeguarding skills, research (collecting and managing data), and other appropriate areas.
•
SCCA will increase community conservation/rehabilitation projects.
involvement
The primary threat by SCCA is the frequent encroachment of boundaries by the community. Besides soliciting the Sabah Forestry Department to issue an eviction notice to the encroacher, the Lahad Datu District Forestry Officer has devised a plan to involve the community in the rehabilitation project (planting and monitoring) in the SCCA boundary.
•
Developing a three-year EEP plan for SCCA (to include coastal and marine EEP modules).
•
Creating collaboration with relevant bodies on coastal, marine and mangrove research programmes. Through the partnership, both parties can promote SCCA research programmes and staff members may benefit from knowledge and skill transfers.
Maintenance and Development
Hospitality and Recreation
Renovating and maintaining existing infrastructures and facilities.
Developing SCCA Tourism Action Plan for the next five years.
•
•
•
Adding infrastructures such as a prayer room (Surau), washroom at the main visitor’s stop (SCCA Jetty and Puncak), barbeque huts, boat garage, tented camp and water reservoir and dam, research facility (lab and mini herbarium). These infrastructures and facilities are essential to support visitors’ activities. Building a waste management centre to maintain cleanliness and incorporate green practices.
Adding recreation and research equipment. •
Currently, SCCA cannot meet visitors’ demand for equipment usage, especially for water activity.
•
Installing interpretation signboards.
•
These signboards are vital for visitors’ guidance during hiking/trekking.
•
Install renewable energy (solar power) and liasing with the District Office to request assistance with electricity supply. The power supply source in SCCA is genset and is only operated for a limited time.
Proper planning for developing eco-tourism activity in SCCA is required as tourism will be SCCA’s source of income. The staff must conduct all ecotourism activities in SCCA without jeopardising the ecosystem and biodiversity value.
The principle behind planting trees is to accumulate carbon in their structural growth through photosynthesis when they extract CO2 from the atmosphere.
Developing or improving current Visitors’ SOP (i.e. Reservation and Visitor Activities) in line with management, state and national policy. •
Several changes in the management structure and state and national policy have occurred recently. Due to the COVID-19 pandemic, SCCA are forced to adapt to the new norms in our daily personal and working routines. Therefore, the current SOP needs to be reviewed and revised accordingly.
Developing eco-tourism packages for SCCA. •
It is one of the strategies the Group can utilise to maximise SCCA’s income.
Branding SCCA as the staging point for visitors to Darvel Bay. •
253
Where The Red Apes Roam Free
in
•
To develop a sustainable financing strategy for SCCA.
INFAPRO
Formulating the first Strategic Management Plan for SCCA with funding from the 12th Malaysia Plan.
Darvel Bay has caught the interest of many people, mainly marine nature enthusiasts, with the discovery of Blue Ring Reefs. SCCA has become the ideal spot for staging as the reef is only 40 minutes away from SCCA. Darvel Bay also has many beautiful reefs suitable for diving and snorkelling activities. YSG Annual Report 2024
The Innoprise-Face Foundation Rainforest Rehabilitation Project (INFAPRO) is a collaboration between Rakyat Berjaya Sdn. Bhd., a wholly owned company of the Group and Face the Future (Forests Absorbing Carbon Dioxide Emissions) Foundation of the Netherlands. The project aims to rehabilitate 25,000ha out of 29,501ha of the severely degraded rainforest with indigenous dipterocarps through enrichment line planting, including fast-growing pioneers and forest fruit trees.
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INFAPRO REHABILITATION PROJECT (CONTRACT 1 – CONTRACT 9) The area’s development is based on the severity of the degradation of forest sites caused by logging during the late 1970s, 1980s and early 1990s. The area previously contained mixed dipterocarp forests with a high richness of plant species and an extreme density and diversity of fauna compared to other parts of Sabah.
MAP
Under this collaboration, Face the Future funds all the project costs, from establishing nurseries, planting and tending trees, hiring and training staff, and vehicles to Research and Development in exchange for all carbon credits created by the project.
Borneo Rainforest Lodge
DVCA
Up to 2024, 11,864.5ha was wholly rehabilitated by dividing the area into nine contracts from 1992 until 2021. On 11 February 2021, the contract for CO2 offset was transferred from Face the Future to Face Forests B.V. Face Forests B.V. intends to explore jointly with the Group the feasibility of monitoring and verifying the carbon sequestration impact of INFAPRO in 2020/2021 under the Verified Carbon Standard for the project over the period 2011-2020.
The total investment committed by Face the Future amounts to US$15 million. The project is expected to sequester at least 4.25 million tonnes of carbon (15.6 million tonnes of CO2) at an average cost of US$3.52 per tonne of carbon (US$0.95 per ton of CO2).
Lumparai
Bole Cabin
DVSC INFAPRO KM 58
Contract 1 – Contract 9
11,864.5ha (47.5%) of forests have been rehabilitated out of 25,000ha
The operational base of this area is located at INFAPRO KM58, central to the development area and 11km from the Danum Valley Studies Centre (DVSC). Its strategic location near DVSC allows close collaboration with local and international scientists.
Total of Hectares
The project area is located on the eastern side of the Yayasan Sabah Concession Area. It is situated within the Forest Management Unit, Ulu Segama, in the Lahad Datu district and borders the renowned Danum Valley Conservation Area (DVCA).
4,785
5,000 4,000 3,012
3,000 2,000
2,012 1,117
1,000 0
640 69
22.5
167
40
1992
1995
1998
2002
2007
2010
2011
2011
2015
Contract 1
Contract 2
Contract 3
Contract 4
Contract 5
Contract 6
Contract 7
Contract 8
Contract 9
Year/Contract 255
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This area has exceptional biodiversity, with animal life comprising the Elephant, the Malaysian Bear, the Orangutan, the Clouded Leopard, and various bird species. Forest rehabilitation activities in this area contribute to the rehabilitation of food availability for primates and insects and, thus, the nutritional source for birds and reptiles.
CONSERVATION Patrolling & Surveillance Patrolling and surveillance are integral components of INFAPRO’s conservation management strategy, which aligns with its status as a fully protected area (Class I Forest Reserve) under the Forest Enactment. These efforts are critical in safeguarding the integrity of the forest by proactively monitoring and mitigating threats such as illegal logging and poaching within INFAPRO and its designated buffer zone.
Summary of Patrolling and Surveillance Activities for Year 2024 No. 1
2
261 257
Activity Patrolling sessions (night patrol and routine round trip along 10KM USM Road) • INFAPRO Studies Centre – Sungai Tekala • INFAPRO Studies Centre – Sungai Bole Joint patrolling with DaMal Patrol Team
Frequency 7
3
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RESEARCH CONSERVATION RESEARCH
The enrichment planting in INFAPRO, achieved with indigenous species, aims to rehabilitate the natural diversity of Sabah’s rainforests.
9
The main species chosen for the project were indigenous dipterocarps, mainly of the Shorea, Parashorea, Dipterocarpus, Vatica, Hopea and Dryobalanops genera. These species were selected due to their ability to be vegetatively propagated. In addition to the dipterocarps, forest fruit trees are planted in the INFAPRO forest.
POST-GRADUATE STUDIES
15
80
TECHNICAL REPORTS
These species act as suitable pioneer species for open and severely degraded areas and provide food for birds and other animal species in the forest.
PUBLICATIONS related to INFAPRO’s research & project activities between 1992-2005
It increased biodiversity and restored the natural composition of the forest’s structure.
35
PUBLICATIONS
related to Tropical Forest Rehabilitation Model
HOSPITALITY & RECREATION
Visitors to INFAPRO 500 433
450
OUR PARTNERS
Number of Visitors
400
(2010 - 2024)
350 300
200
247
265
250 167
159
152
150
235 231
205
161
2,671
128
100
108
84
50
Visitors
69 40
0 2010
2011
2012
2013
2014
2015
2016 2017
2018
2019 2020 2021 2022 2023 2024
Year
263 259
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264 260
MOVING FORWARD
HIGHLIGHTS
2024
ACHIEVEMENTS •
Contract nine tree inventory was completed.
•
Successfully developed three trails for a tourism package.
11 January Nursery visit by Sekar Imej Conservation. 1-7 July Carbon Campaign Training by FACE the Future.
8 March Visit by MSc Biodiversity & Conservation Students from the Royal Botanic Gardens, Kew at INFAPRO Nursery. 11 January Phenology Activity.
July Forest Inventory Carbon.
•
To create a tourism package as INFAPRO has the potential to be a tourism destination.
•
To plan a resource and wildlife survey at INFAPRO to assess the status of wildlife and encroachment, evaluate prospects and potentials for research and tourism development, and assess potential threats, including poaching, fire, and inappropriate land use.
•
To explore trails and other tourism activities for visitors.
•
To develop EE programme activities at INFAPRO.
29 June Study Visit by the University of Oregon. 6-7 November First aid seminar at the Tun Ahmad Raffae Auditorium meeting room, Menara Tun Mustapha.
4 December Nursery Visit by South East Asia Rainforest Research Partnership (SEARRP).
26 November Visit by Sabah Forestry Department.
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A major highlight of 2024 is the notable increase in wildlife sightings within the restored areas. The return of species such as Bornean Orangutans, Bornean Gibbons, Borneo Pygmy Elephants, and Hornbills signals a thriving ecosystem and the success of the long-term restoration approach adopted by the project.
Since its launch in 1998, the Innoprise IKEA Tropical Forest Rehabilitation Project (INIKEA) has made remarkable strides in restoring degraded forest landscapes in Sabah. In the third year of the five-year maintenance phase of its fourth stage, the project continues demonstrating meaningful ecological recovery and reaffirming its position as a large-scale forest rehabilitation model.
Supported by IKEA of Sweden and guided by the Swedish University of Agricultural Sciences (SLU) technical expertise, the project continues to implement sustainable forestry practices and forest recovery strategies. INIKEA’s operations uphold high environmental and social responsibility standards that align with IWAY standards. Independent audits under the Rainforest Alliance’s Smartwood Programme have continued to recognise INIKEA’s exemplary practices in sustainable forestry and worker welfare.
The total rehabilitated area remains at 14,009 hectares, with current efforts focused on routine maintenance activities, including weed slashing, refilling, and shade adjustment. These treatments aim to ensure the healthy growth of previously planted native species, primarily dipterocarps, non-dipterocarps, and wild fruit trees, and support the natural regeneration process where applicable.
Looking ahead, the Group remains committed to maintaining the momentum of forest restoration and strengthening its role as a responsible steward of the environment. We hope that INIKEA will continue to serve as a leading example of impactful, sciencebased conservation that will inspire collaborative efforts to safeguard Sabah’s rich biodiversity for future generations.
INIKEA
267
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268 264
MAP
INIKEA REHABILITATION AREA (PHASE 1 TO PHASE 4)
(Sg. Tiagau Forest Reserve [formerly known as Kalabakan Forest Reserve, Tawau])
N
5
PHASE
0
2.5
01
5 Kilometers
Planting Programme - First 5 years Maintenance Programme - Next 10 years
CONTRACT (1998-2013)
1:50,000
PHASE
02
Planting Programme - First 5 years Maintenance Programme - Next 10 years
CONTRACT (2004-2018)
Kem Marimba
PHASE
03
Species Trial Plot
Planting Programme - First 5 years Maintenance Programme - Next 10 years
CONTRACT (2009-2023)
RRE Plot
Manis Kem Maris
PHASE
04
LEGEND Phase 1
CONTRACT Phase 2
Phase 3
Phase 4
(2015-2025)
Sungai Tiagau FR
The current routine activities are maintenance of planted areas which consist of weeding, refilling and road maintenance. The following table summarises the achievement by phases of the project.
CLASS 1 (Protection) Forest Reserve
Although several rivers drain the project area, low-lying alluvial areas are limited and only found in central and northeastern regions. There are five varieties of soil association within the project area, including Brantian, Kalabakan, Mawing, Maliau and Tambulanan, of which 80 per cent is of the Maliau type. A 500-600ha patch of the Tambalunan type appears on the southeastern corner of high hills and steep slopes. This is characterised by high hills and mountain cuestas whose soil units include orthic and gleyic, acrisols and dysticcambisols. The lower elevation and moderate 265
terrain are confined at the centre at the confluence of the tributaries of the upper Kalabakan River. The additional area of 4,200ha is wedged between the LFC and INIKEA project areas, forming a contiguous block. It extends the initial area on high and moderate elevations, mainly of the sandstone parent material. The area is characterised by broken hills and ridges with streams flowing to the Tiagau River, which eventually flows into the Kalabakan River in the south.
Total of Hectares
19,870ha
The initial project area of 14,300ha located west of the Luasong Forestry Centre (LFC) in the Kalabakan Forest Reserve is predominantly high hills and mountains with more than 25° slopes, notably in the northeastern and southern regions.
Planting Programme - First 5 years Maintenance Programme - Next 5 years
5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 500 0
4,492.50 3,290.70 2,379.20 1640.2
114.8 1998-2013
With the additional area, the total INIKEA project area is 18,500ha. The forest in the other area suffered similar degradation by wildfire and logging in the 1980s. Macaranga woods characterise the areas badly impacted by the fires.
758.1
478.4 2004-2018
333.2 503.9
2009-2023
2015-2025
18.9
Phase 1
Phase 2
Phase 3
Phase 4
4,607.3ha
3,769.1ha
4,019.4ha
1,614.1ha
Enrichment Planting
Liberation
Control
Research
10,920.5ha
2,566.6ha
503.9ha
18.9ha
14,009ha (100%)
of degraded forests have successfully rehabilitated under Phases 1 to 4 out of the total area of 18,500ha. The remaining areas are designated control zones for baseline comparison in forest restoration studies. YSG Annual Report 2024
00 Annual Report 2024 YSG
266
INIKEA is one of the LARGEST TROPICAL FOREST RESTORATION AREAS in the world Phase 4 Beating-up is the refilling of dead seedlings conducted after the third year if the overall block’s survival is lower than 65 per cent. Weed-slashing and shade adjustment have been completed for Blocks 178 and 181.
Progress of Activities for Phase 4 Area in 2024 Block
Area
Refilling
(ha)
3-month Survival Census
1st Year Maintenance
178
26.93
72.9%
100
100%
3
181
26.27
86.81%
100
100%
3
Beating-up Maintenance Round No. (3 years)
Shade Adjustment Round No. 1
Note: Bold indicates completed works for the current months.
NURSERY The stock count at the nursery is 12,877, which comprised 84.2 per cent dipterocarps, 5.04 per cent non dipterocarps and 10.76 per cent wild fruit species. The stock movement in the nursery is presented in the following table available in the stocking. INIKEA will maintain about 12,800 seedlings in the nursery in 2025 to cater for the beating-up activity in the Phase 4 area.
Stock Movement at INIKEA Nursery for 2024
YSG Annual Report 2024
Opening stock on 1 January 2024
26,378
Transplanting
376
Mortality and culls
13,877
Dispatched out for planting/sale
-
Closing stock (31 December 2024)
12,877 268
Name
CONSERVATION Patrolling & Surveillance
January
Foot
Vehicle
1
5
February
6 March - 2 May 2024
Simon Heinrich Arns
Swedish University of Agricultural Sciences (SLU), Sweden
Population Differentiation Along Environmental Gradients in Two Dipterocarpaceae Species, and Their Extended Insect Phenotypes.
Master of Science (MSc)
13 September 21 October 2024
1.
Ida Grimstrup Christensen 2. Sofie Laura Rosenlov Jepsen
University of Copenhagen, Denmark
Monitoring the Potential of Different Tropical Tree Planting Strategies in the Rehabilitated Rainforest of Borneo Sabah: INIKEA SLU Sow A Seed Project: Monitoring Replanting Strategies using Vegetative Data and Wildlife Camera Trapping.
Master of Science (MSc)
5 October - 10 November 2024
2
3
April
2
1
May
1
1
June
Dr. Simon Kävermo
Swedish University of Agricultural Sciences (SLU), Sweden
Tropical Forest Restoration from a OneHealth Perspective-the Important Interplay between Fungus, Frogs, Flies and Folk.
Research
7 November 16 November 2024
Faridah binti Junih
Universiti Malaysia Sabah
Temporal Analysis of Aboveground Carbon Changes Using LiDAR and UAS in INIKEA Project Area Forest Rehabilitation.
Degree
23 August 2024 – 31 December 2024
Alcchuer Forlan Limiu
Universiti Malaysia Sabah
Long-term Monitoring of Aboveground Biomass at INIKEA Forest Rehabilitation Area Using Landsat in 30 years.
Degree
23 August 2024 – 31 December 2024
Adrien Gabriel Lamodiere
Swedish University of Agricultural Sciences (SLU), Sweden
Diverse Paths to Restoration: Assessing Biodiversity Responses to Four Reforestation Methods from Enrichment Planting to Natural Regeneration in Sabah’s Tropical Forests.
Master of Science (MSc)
1 January 2025 – 28 February 2025 (Applied for permit in 2024)
Max Albert Lindhe
Swedish University of Agricultural Sciences (SLU), Sweden
Follow Up on Restoration Efforts of Degraded Forests in Sabah, Malaysia – Assessment of Survival, Volume Increment of Planted Trees and Total Stand Production.
Master of Science Sabah, (MSc)
20 January 2025 – 20 December 2025 (Applied for permit in 2024)
3 1
4 4
August September
1
1
3 1
December Total
2
3
October November
Wildlife
5
March
July
Surveillance
9
4
6
4
5
40
11
3
RESEARCH Since 2005, a total of 65 research projects have been approved and conducted at INIKEA, which serves as an open laboratory for tropical rainforest studies. Encompassing both degraded and undisturbed forest areas, it continues to attract a growing number of researchers, particularly students, with fieldwork supported by experienced and welltrained Research Assistants.
List of Researchers at INIKEA in 2024 Name
Institution
Research Title
Dr. Keiko Ioki
Musashino Assessing the Role of University, Japan Enrichment Planting in a Large-Scale Tropical Rainforest Restoration Project using Time Series Datasets.
Clara Hernblom
Swedish University of Agricultural Sciences (SLU), Sweden
To What Extent Does the Recovery of the Forest Stand Biomass and Complexity Following Rainforest Restoration Help Rebuild Soundscape Biodiversity? Investigating a 25-Year Restoration Chronosequence.
University of Copenhagen, Denmark
Tropical Forest Restoration: Importance of Corridor for Wildlife Migration between Functional Forests.
Agnes Nielsen
269
Level of Study
Study Period
PhD (Post Doc Research)
-
6 March - 4 April 2024 Master of Science (MSc)
Master of Science (MSc)
6 March - 20 April 2024
YSG Annual Report 2024
Study Period
Master of Science (MSc)
Camera Traps Joint
Level of Study
Umeå University, To What Extent Does the Sweden Recovery of the Forest Stand Biomass and Complexity Following Rainforest Restoration Help Rebuild Soundscape Biodiversity? Investigating a 25-Year Restoration Chronosequence.
Summary of Patrolling and Surveillance Activities for Year 2024 Patrol Type
Research Title
Johan Narva
A total of 52 days patrol activities had been conducted in INIKEA for the year 2024.
Month
Institution
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270
Phenology Observation
OUR PARTNERS
The phenology observation started in April 2004 to monitor species’ flowering patterns around Luasong Forestry Centre. A team of two staff visited the phenology plots every two months except in off-season months, where the frequency was reduced to every three months. A pair of binoculars is used to observe changes in the trees’ canopy.
The Group works closely with the Sow-A-Seed Foundation and the Swedish University of Agricultural Sciences (SLU). The Sow-A-Seed Foundation and the Group helped fund the project, while SLU offered research and technical assistance.
There were initially 52 individual trees of 36 different species under observation. As 12 trees were dead, the total active samples now are 40 of 32 species. Observations were made in February, April, June, July, August, September, October, November and December in 2024. A total of ten species of trees were fruiting during the observation period. Among the species were Limpaung (Beccaurea lanceolata), Bambangan (Mangifera pajang) Togop (Artocarpus elasticus) and Binaung (Octomeles
sumatrana).
Phenology Observation Plot Month
ACHIEVEMENTS
14,009ha (100%)
No. of Tree Flowering
Fruiting
Seeding
February
1
0
0
April
2
2
0
June
0
1
0
July
0
3
0
August
0
4
0
September
0
0
0
October
6
0
0
November
0
0
0
December
0
0
0
of degraded forests have successfully rehabilitated under Phases 1 to 4 out of the total area of 18,500ha. The remaining areas are designated control zones for baseline comparison in forest restoration studies.
locals from nearby
>700 villages were employed
units available for 52 housing employees and their families,
studies >35 post-graduate have been completed
all of which have basic amenities like electricity, water, and medical services
(2010-2024)
Visitors 1200
1,024 Visitors
1000
Number of Visitors
800
794
600 471 400 311
341
348
323
237 200
123
8
51 13
59 8
2013
2014
2015
8
20 12
30 10
38
2010
2011
2012
0
Number of Visitors 275
YSG Annual Report 2023
230
175
YSG Annual Report 2024
91
84
32 2016
2017
62
74
2018
2019
30 2020
7 2021
2022
2023
2024
Cumulative Number of Visitors 272
HIGHLIGHTS
19 - 22 August 2024
2024
Joint Patrol with the YS-DaMaI Patrol Team.
25 - 27 April 2024 Ecosystem Restoration and Carbon Initiatives Course organised by Preferred by Nature (PbN). 7 June 2024 Completion of Maintenance Works on Sg. Tiagau Bridge.
31 January - 3 February 2024 Ecosystem Restoration and Carbon Initiatives Course organised by Preferred by Nature (PbN).
21 - 22 August 2024 An Occupational Safety and Health (OSH) Audit, conducted by the Information and Communication Technology and Occupational Safety Health Division of the Group.
12 July 2024 The 2nd Quarter INIKEA Head of Unit Meeting.
27 - 29 April 2024 The 1st INIKEA Environmental Education Programme. 30 April 2024 The 20th INIKEA Steering Committee Meeting at Maliau Basin Studies Centre.
27 - 29 April 2024 The 20th INIKEA Steering Committee Meeting and Site Visit.
273
2 May 2024 The Seminar of INIKEA Resources and Wildlife Survey at Shangri-La Tanjung Aru, Kota Kinabalu.
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ACTIVITIES Nature Orientation Courses (NOCs) for School Students
SABAH NATURE CLUB
held in:
Sabah Nature Club (SNC), or Kelab Pencinta Alam Sabah, is an Environmental Education programme, which acts as part of the Group’s contribution to nature. SNC, the first of its kind in Sabah and Malaysia, was officially launched on 7 October 1988 as an extra-curricular activity within schools, maximising the involvement of teachers and students through the support of the Sabah Education Department. SNC aims to cultivate interest, increase knowledge, nurture essential attitudes and develop values as well as skills needed to protect the cultural, scientific and aesthetic values of Sabah’s flora and fauna among the youths.
Since its official launch in 1988, it has led to the creation of the country’s
largest environmental youth-based movement with
45,351
NOCs are conducted twice a year during school holidays with students from various schools in Sabah registered with SNC. This programme aims to increase the participant’s knowledge and awareness of the importance of nature and sustainable resource management in addition to promoting the conservation areas under the purview of the Group. Two NCOs were carried out at Imbak Canyon Conservation Area (ICCA) and Maliau Basin Conservation Area (MBCA), involving 40 students from nine schools around Sabah. The schools involved in the programmes were as follows: • • • • • • • • •
SMK Timbua, Ranau SMK Mat Salleh, Ranau SMK Telupid Kolej Vokasional Likas, Kota Kinabalu SMK Tambunan SMK Keningau II SMK Sook, Keningau SK Kemabong, Tenom SMK Jambatan Putih, Tawau
accumulated memberships with registered Club members (an increase of 279 pax from 2023).
202
NOC at ICCA.
Compass Orienteering Activity.
275
YSG Annual Report 2024
YSG Annual Report 2024
NOC at MBCA.
Bird Watching Activity.
276
Awareness Talks to Students
Sustainable Development Camps (SDCs) for Community Leaders
In 2024, SNC visited nine schools across Tambunan, Keningau, Sook, and Tenom districts to share information about the Yayasan Sabah Conservation Areas and their role in environmental conservation.
SDC activities are conducted once a year for four days and three nights. The programme aims to increase awareness and knowledge about sustainable development in line with the Sustainable Development Goals and give community leaders exposure to sustainable activities that generate income for them.
The schools involved were as follows: • • • • • • • • •
28 April - 1 May 2024
SMK Tambunan SMK Nambayan, Tambunan SMK Apin-Apin, Keningau SMK Keningau II SM Saint Francis Xavier, Keningau SMK Gunsanad, Keningau SMK Keningau SMK Sook, Keningau SK Kemabong, Tenom
For 2024, SDC was conducted at Maliau Basin Conservation Area with 19 community leaders from three districts, namely, Sook, Keningau and Tawau. Participants had the opportunity to engage with expert speakers from various government agencies and non-governmental organisations (NGOs). Topics covered included Sustainable Wildlife Management by the Sabah Wildlife Department, Waste Management by Zero Waste Sabah, Solar Energy by Tonibung, Sustainable River Management through the Tagal System by the Fisheries Department and Eco-Tourism by Natai Adventure Village.
During these visits, the SNC also took the opportunity to register new members and renew existing memberships, encouraging more students to take part in environmental conservation efforts.
The programme provided valuable insights into practical and innovative approaches to sustainability, equipping participants with knowledge they can bring back to their respective communities.
Group photo with students of SMK Keningau II.
Talk on Sustainable Natural Resource Management to Generate Income by Encik Terence Dolinting (Natai Adventure Cultural Village).
Group photo with students of SMK Apin-Apin, Keningau.
Group photo of the 19th Sustainable Development Camp participants at MBCA.
Talk at SMK Nambayan, Tambunan. 277
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278
Train the Trainers
Open Day @ ICCA
5 - 8 March 2024
12 - 14 December 2024
In 2024, the Train the Trainers programme for the Conservation and Environmental Management Division’s staff was successfully conducted at the Taliwas River Conservation Area, Lahad Datu. The programme aimed to strengthen the capabilities of personnel involved in environmental education by enhancing their competencies and expanding their skill sets. It also served as a valuable platform for exchanging knowledge, experiences, and perspectives on environmental challenges. A total of 18 participants participated in the programme, comprising representatives from seven conservation areas: Danum Valley, Imbak Canyon, Maliau Basin, Silam Coast, Taliwas River, INIKEA, and INFAPRO. The training included team-building sessions facilitated by Mr Terence Dolinting of Natai Adventure Cultural Village, with support from facilitators Ms Jainah Binti Kuyau and Ms Zita Sopining. One of the programme’s key outcomes was developing a comprehensive training module book, created collaboratively by the participants and guided by the programme trainer. This module is expected to serve as a reference and resource for future environmental education efforts across the conservation areas.
The Imbak Canyon Conservation Area Open Day, which attracted around 200 visitors, was held over two days to raise awareness among stakeholders, particularly local communities, on the significance of the DaMaI Rainforest Landscape. The event highlighted the area’s biodiversity, ecological value, and eco-tourism potential while promoting Yayasan Sabah Group’s conservation efforts. Special activities were organised for 35 community leaders from Tongod District, including a briefing on Imbak Canyon’s potential as a UNESCO World Heritage Site, site visits to key attractions, and an interactive “Kupi-Kupi” session with various agencies. The public also enjoyed video screenings, exhibitions, and guided visits to Imbak Falls, offering a closer look at the area’s natural beauty.
Team Building Activity.
Group photo of the Train the Trainers participants.
283 279
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284 280
ENVIRONMENTAL EDUCATION PROGRAMME
OUR PARTNERS
(1987 - 2024)
SNC has been partnering with several organisations locally and internationally. SNC leverage the strengths of these partnerships to achieve great success in influencing the course of public awareness.
237
16,449
Programmes
16,000
SNC in school extra curricular activities.
Participants
Japanese Jungle School Programme with Sabah students from 1998 until 2011.
Collaboration on the Kembara Taliwas Programme to carry out EEP among school students around Sabah.
14,030
Number of Participants
14,000 12,000 10,000 8,000
To carry out EEP on DaMaI Initiatives.
6,000 4,000 2,000
158
39
868
24
558
993 16
0 DVSC (1987-2024)
MBSC (2011-2024)
ICSC (2012-2024)
TRCA (2009-2024)
Conservation Area/Year EEP
SNC became one of the components of BBEC under Public Awareness. * Sabah State Government * Federal Government * Development of School EE Modules
Established a network with FRIM, a leading institutions in tropical forestry research in the world.
Participants
SNC has been a member of SEEN since 2004, working together to enhance EEP in Sabah.
285 281
Established a network with MNS, the oldest and one of Malaysia’s most prominent environmental nonprofit, non-governmental organisations.
Annual Report2024 2023 YSGYSG Annual Report
YSG Report 2023 YSGAnnual Annual Report 2024
EEP in ICCA * Train the Trainer - 8 sessions * Nature Orientation Course - 5 sessions * Sustainable Development Programmes - 4 times (2 camps and 2 showcases).
Signed MoU on Research, Environmental Education, Sustainable Development and Public Awareness on 21 September 2022.
286 282
HIGHLIGHTS
2024 Accumulated memberships : 45,351 (an increase of 279 pax from 2023).
Published two e-magazines and produced a 2025 calendar, available in both poster and desk versions.
MOVING FORWARD
SNC will forge partnerships with local and international organisations to advance environmental education and sustainable development. SNC will provide environmental education packages for the public in conservation areas.
287 283
SNC will strengthen its membership by offering enhanced benefits and improving the membership system, including affordable educational tours to conservation areas managed by the Group.
s d r a w o T Safeg A rkin
SNC will continue to engage audiences through social media platforms like Facebook and Instagram, promoting activities and spreading vital environmental messages.
Annual Report2024 2023 YSGYSG Annual Report
o t W n y e h onm t l a e nvir H & E
YSG Report 2023 YSGAnnual Annual Report 2024
288 284
SAFETY & HEALTH AUDIT MONITORING REPORT A total of 10 audit activities and eight audit monitoring activities were successfully conducted by the Information and Communication Technology (Occupational Safety & Health Section) in 2024. No NCR was recorded during the activities.
Commitment to OCCUPATIONAL SAFETY & HEALTH We have long emphasised the importance of maintaining a safe and healthy working environment for our staff and the public. This commitment to safety and health has garnered significant acclaim through our wholly owned subsidiary, Rakyat Berjaya Sdn. Bhd., which received the National Excellence Award in Occupational Safety and Health (OSH) under the Forestry Category from 2006 to 2016. Additionally, Sabah Softwoods Berhad, a subsidiary of the Group, has likewise been recognised for its OSH achievements, earning the same accolade for three consecutive years in 2017, 2018, and 2019.
OSH COMMITTEE To sustain the Group’s commitment to OSH, the Group established two committees, namely Corporate Services and Forestry. The committees conduct a series of meetings to discuss the implementation of OSH standards within the organisation, with the Forestry Sector convening on 28 August 2024 while the Corporate Services Sector on 27 February 2024, 13 May 2024, 7 August 2024 and 7 November 2024.
WORKPLACE INSPECTION The Group conducts regular inspections across its diverse divisions, units, and zones to foster a robust safety and health culture. For instance, the Group undertook 48 workplace inspections in 2024, 10 OSH audits and eight audit monitoring exercises. These audits led to identifying Non-Conformity Reports (NCRs) and Opportunities for Improvement (OFIs), each outlining the underlying issues, their causes, and the preventive measures to be taken in the future.
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YSG Annual Report 2024
NO
LOCATION
ACTIVITY
DATE
OFI
1.
Conservation & Environmental Management Division Imbak Canyon, Sandakan
Internal Audit
27-28 February 2024
10
2.
Conservation & Environmental Management Division - INFAPRO, Lahad Datu
Internal Audit
4-5 March 2024
9
3.
Conservation & Environmental Management Division - Taliwas, Lahad Datu
Internal Audit
6 March 2024
11
4.
Conservation & Environmental Management Division – Silam Coast Conservation Area, Lahad Datu
Internal Audit
7-8 March 2024
10
5.
Energy & Facility Division-Electrical Sector
Audit Tracking
28 March 2024
6
6.
East Coast North Zone-Sandakan
Internal Audit
22-23 April 2024
6
7.
Forestry Division, Sandakan
Internal Audit
24-26 April 2024
6
8.
Conservation & Environmental Management Division - INFAPRO, Lahad Datu
Audit Tracking
5 June 2024
6
9.
Conservation & Environmental Management Division – Silam Coast Conservation Area
Audit Tracking
6 June 2024
4
10.
Conservation & Environmental Management Division – Silam Coast Conservation Area
Audit Tracking
7 June 2024
3
11.
Conservation & Environmental Management Division – Imbak Canyon Conservation Area, Sandakan
Audit Tracking
23-25 July 2024
2
12.
Forestry Divison, Sandakan
Audit Tracking
20-21 August 2024
0
13.
East Coast North Zone, Sandakan
Audit Tracking
21 August 2024
1
14.
Conservation & Environmental Management Division – INIKEA, Tawau
Internal Audit
21 August 2024
6
15.
Interior North Zone, Keningau
Internal Audit
13-15 November 2024
4
16.
Forestry Division, Keningau
Internal Audit
26-28 November 2024
5
17.
West Coast North Zone, Kota Marudu
Internal Audit
27-29 November 2024
6
18.
Conservation & Environmental Management Division – INIKEA, Tawau
Audit Tracking
10-11 December 2024
1
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286
INTERNAL AUDIT REPORT 2024
JUNE
FEBRUARY
Conservation & Environmental Management Division - INFAPRO, Lahad Datu Conservation & Environmental Management Division - Imbak Canyon Conservation Area, Tongod
JULY MARCH
Conservation & Environmental Management Division – Imbak Canyon Conservation Area, Tongod Conservation & Environmental Management Division - Silam Coast Conservation Area, Lahad Datu
AUGUST APRIL
Conservation & Environmental Management Division – INIKEA, Tawau Forestry Division - Sandakan 287
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292 288
WORKPLACE INSPECTION REPORT
WORKPLACE INSPECTION REPORT
Workplace inspection has been successfully implemented at 48 locations of the Group as follows:
NO
LOCATION
DATE
NO
LOCATION
DATE
25.
Forestry Division, Level 8, Wisma Innoprise
26 June 2024
1.
Corporate Business Development Division, Level 12, Wisma Innoprise
29 January 2024
26.
Forestry Division, Level 9, Wisma Innoprise
26 June 2024
2.
Company Secretary’s Office, Level 13, Wisma Innoprise
30 January 2024
27.
Corporate Secretary’s Office, Level 10, Menara Tun Mustapha
27 June 2024
3.
Executive Assistant to the Director of Yayasan Sabah Level 19, Menara Tun Mustapha
30 January 2024
28.
East Coast South Zone Office, Tawau
27 June 2024
4.
Legal Division (YS/ICSB), Level 14, Wisma Innoprise
31 January 2024
29.
West Coast South Zone Office, Kota Kinabalu, Level 11, Menara Tun Mustapha
28 June 2024
5.
Pusat Kraftangan Sabah, Keningau
14 February 2024
30.
Internal Audit Division (YS/ICSB), Level 23, Menara Tun Mustapha
11 July 2024
6.
Yayasan Sabah Director’s Office, Level 19, Menara Tun Mustapha
19 February 2024
31.
Chief Operating Officer’s Office, Level 7, Wisma Innoprise
16 July 2024
7.
Conservation & Environmental Management Divison – Danum Valley Conservation Area
1 March 2024
32.
Forestry Division, Tawau – Luasong Office
23-24 August 2024
33.
16 October 2024
Energy & Facilities Division – Air Conditioning System & Ventilation, Menara Tun Mustapha
21 March 2024
Human Resources & Administration Division (YS/ICSB) – Level 20, Menara Tun Mustapha
34.
Human Resources & Administration Division (YS/ICSB)
16 October 2024
9.
Energy & Facilities Division – Air Conditioning System & Ventilation, Menara Tun Mustapha & Wisma Innoprise
21 March 2024
35.
Human Resources & Administration Division (YS/ICSB) – Vehicle Unit, Menara Tun Mustapha
16 October 2024
10.
Energy & Facilities Division – Lift System, Menara Tun Mustapha
25 March 2024
36.
Real Estate Divison– Level 14, Menara Tun Mustapha
17-18 October 2024
11.
Energy & Facilities Division – Lift System, Menara Tun Mustapha
25 March 2024
37.
Real Estate Division – Tun Ahmad Raffae Auditorium
17-18 October 2024
12.
Child Development Division – Tadika Ria & Taska Ria
27 March 2024
38.
Real Estate Division – Tun Hamdan Theatre
17-18 October 2024
13.
Child Development Division– Tadika Sadong Jaya
27 March 2024
39.
Real Estate Division – Multivision Room
17-18 October 2024
14.
Research Division, Level 9, Menara Tun Mustapha
16 April 2024
40.
Real Estate Division – Auditorium Meeting Room
17-18 October 2024
15.
Research Division, Level 16, Menara Tun Mustapha
16 April 2024
41.
Education Development Division – Level 7, Menara Tun Mustapha
22 October 2024
16.
Corporate Communications Division, Level 15, Menara Tun Mustapha
23 April 2024
42.
Education Development Division – Level 5, Menara Tun Mustapha
22 October 2024
17.
Energy & Facilities Division - Rooftop, Level 30, Menara Tun Mustapha
30 April 2024
43.
Education Development Division – Level 4, Menara Tun Mustapha
22 October 2024
18.
Energy & Facilities Division - Water Storage Tank Level 16, Menara Tun Mustapha
30 April 2024
44.
Accounts & Financial Services Division (YS/ICSB) – Level 24, Menara Tun Mustapha
23 October 2024
19.
Energy & Facilities Division - Water Storage Tank Level 30, Menara Tun Mustapha
30 April 2024
45.
Accounts & Financial Services Division (YS/ICSB) – Level 25, Menara Tun Mustapha
23 October 2024
20.
Education Loan Collection Division – UTC Office
21 May 2024
46.
Integrity & Enrichment Division – Level 8, Menara Tun Mustapha
12 November 2024
21.
Education Loan Collection Division, Level 6, Menara Tun Mustapha
27 May 2024
47.
Integrity & Enrichment Division – Level 13, Menara Tun Mustapha
12 November 2024
22.
Tun Haji Mohd. Fuad Stephens Borneo Research Library
28 May 2024
48.
Integrity & Enrichment Division – Basement, Menara Tun Mustapha
12 November 2024
23.
Information & Communication Technology Division – Level 22, Menara Tun Mustapha
28 May 2024
24.
Information & Communication Technology Division – Server Room, Menara Tun Mustapha
26 June 2024
8.
289
YSG Annual Report 2024
YSG Annual Report 2024
290
WORKPLACE INSPECTION 2024
APRIL
JANUARY
Corporate Business Development Division, Level 12, Wisma Innoprise
Corporate Communications Division, Level 15, Menara Tun Mustapha
MAY
FEBRUARY
Yayasan Sabah Director’s Office, Level 19, Menara Tun Mustapha
Education Loan Collection Division, Level 6, Menara Tun Mustapha
MARCH
JUNE
Conservation & Environmental Management Division – Danum Valley Conservation Area, Lahad Datu
291
East Coast South Zone Office, Tawau
YSG Annual Report 2024
YSG Annual Report 2024
292
JULY
NOVEMBER
Chief Operating Officer’s Office, Level 7, Wisma Innoprise
Integrity & Reinforcement Division, Level 8, Menara Tun Mustapha
AUGUST
HAZARD/INCIDENT REPORT THROUGH QR CODE The Occupational Safety and Health Section, Information & Communication Technology Division has received 38 hazard/incident reports via QR code throughout 2024 from the following locations:
Forestry Division Luasong, Tawau
OCTOBER
NO
LOCATION
DATE
1.
Ria Kindergarten, Child Development Division
1 February 2024
2.
Sunset Plaza, Menara Tun Mustapha
1 February 2024
3.
Kristal Ria Sadong Jaya Kindergarten, Child Development Division
1 February 2024
4.
Podium, Menara Tun Mustapha
22 March 2024
5.
Podium, Menara Tun Mustapha
22 March 2024
6.
Ria Kindergarten, Child Development Division
16 April 2024
7.
Administrative Office, Child Development Division
17 April 2024
8.
Administrative Office, Child Development Division
29 April 2024
9.
Podium, Menara Tun Mustapha
30 April 2024
10.
Ria Kindergarten, Child Development Division
6 May 2024
11.
Ria Kindergarten, Child Development Division
14 May 2024
12.
Corporate Communications Division, Level 15, Menara Tun Mustapha
21 May 2024
13.
Women’s Toilet in Wisma Innoprise
24 May 2024
14.
Surau (Prayer Room), Ground Floor, Wisma Innoprise
24 May 2024
15.
Men's Toilet, Security & Enforcement Division Level 23, Menara Tun Mustapha
28 May 2024
Human Resource & Administration Division (YS/ICSB) – Level 21, Menara Tun Mustapha
293
YSG Annual Report 2024
YSG Annual Report 2024
294
295
NO
LOCATION
DATE
16.
Research Division, Level 16, Menara Tun Mustapha
28 May 2024
17.
Research Division, Level 16, Menara Tun Mustapha
28 May 2024
18.
Podium, Menara Tun Mustapha
18 June 2024
19.
Toilet, Ministry of Local Government and Housing Office, Level 15, Wisma Innoprise
19 June 2024
20.
Basement Parking
2 August 2024
21.
Ria Kindergarten, Child Development Division
14 August 2024
22.
Parking Area, Child Development Division
16 August 2024
23.
Parking Area, Child Development Division
16 August 2024
24.
Ria Kindergarten Teacher's Hall & Room, Child Development Division
23 August 2024
25.
Ria Kindergarten, Child Development Division
29 August 2024
26.
Corporate Secretary’s Office Level 10, Menara Tun Mustapha
2 September 2024
27.
Human Resource & Administration Division, Level 21, Menara Tun Mustapha
2 September 2024
28.
Ministry of Local Government and Housing Office, Level 15, Wisma Innoprise
11 September 2024
29.
Mutiara Class, Kindergarten Ria, Child Development Division
17 October 2024
30.
Library, Child Development Division
17 October 2024
31.
Taska Kristal Ria Sadong Jaya, Child Development Division
17 October 2024
32.
Menara Tun Mustapha Building (Road Area)
8 November 2024
33.
Menara Tun Mustapha Building Area
21 November 2024
34.
Drainage at Menara Tun Mustapha Building Area
26 November 2024
35.
Menara Tun Mustapha Building (Road Area)
27 November 2024
36.
Menara Tun Mustapha Building (Surroundings) Level 12, Menara Tun Mustapha
6 December 2024
37.
Menara Tun Mustapha Building Area (Surroundings) Level 12, Menara Tun Mustapha
6 December 2024
38.
Education Development Division, Level 5, Menara Tun Mustapha
6 December 2024
YSG Annual Report 2024
HAZARD/INCIDENT REPORT INSPECTION THROUGH QR CODE
YSG Annual Report 2024
296
OCCUPATIONAL SAFETY AND HEALTH (OSH) BRIEFING 2024
OSH BRIEFING 2024
OSH Briefings have been successfully implemented at nine locations as follows:
NO
LOCATION
DATE
1.
Conservation & Environmental Management Division - Danum Valley Conservation Area, Lahad Datu
23 October 2024
2.
Conservation & Environmental Management Division - Innoprise-Face Foundation Rainforest Rehabilitation Project (INFAPRO) Lahad Datu
24 October 2024
3.
Conservation & Environmental Management Division - Taliwas River Conservation Area, Lahad Datu
29 October 2024
4.
Conservation & Environmental Management Division - Silam Coast Conservation Area, Lahad Datu
30 October 2024
5.
Education Development Division - Yayasan Sabah Kuala Lumpur Branch
20 - 21 November 2024
6.
Conservation & Environmental Management Division - Imbak Canyon Conservation Area, Sandakan
20 - 21 November 2024
7.
Tawau Regional Forestry Division, Luasong
3 - 5 December 2024
8.
Conservation & Environmental Management Division - Innoprise-IKEA Rehabilitation Project (INIKEA), Tawau
10 - 11 December 2024
9.
Conservation & Environmental Management Division - Maliau Basin Conservation Area, Tawau
13 December 2024
Conservation & Environmental Management Division - Danum Valley Conservation Area & INFAPRO, Lahad Datu
297
YSG Annual Report 2024
YSG Annual Report 2024
298
Yayasan Sabah Kuala Lumpur Branch Conservation & Environmental Management Division - Taliwas River Conservation Area, Lahad Datu
Conservation & Environment Management Division - Imbak Canyon Conservation Area, Sandakan
Forestry Division Luasong, Tawau
Conservation & Environment Management Division - Silam Coast Conservation Area, Lahad Datu
299
YSG Annual Report 2024
Conservation & Environment Management Division - INIKEA, Tawau YSG Annual Report 2024
300
HIGHLIGHTS
HANDING OVER OF SAFETY VEST AND WHEELCHAIR 12 August 2024 | Tun Hamdan Theatre, Menara Tun Mustapha
2024
Conservation & Environment Management Division - INIKEA & Maliau Basin Conservation Area, Tawau
OSH BRIEFING FOR PROJECTS UNDER THE SUPERVISION OF THE ENERGY & FACILITIES DIVISION
7 October 2024, UCSF
23 October 2024, Tun Hamdan Theatre, Menara Tun Mustapha
Handing over Safety Vest and Wheelchair at Menara Tun Mustapha on 12 August 2024 301
YSG Annual Report 2024
YSG Annual Report 2024
302
OCCUPATIONAL SAFETY AND HEALTH MONTH OPENING CEREMONY 12 August 2024 | Tun Ahmad Raffae Auditorium, Menara Tun Mustapha
TALK ACTIVITIES DURING OCCUPATIONAL SAFETY AND HEALTH MONTH 12-26 September 2024 | Tun Hamdan Theatre, Menara Tun Mustapha
12 August 2024, Tun Ahmad Raffae Auditorium, Menara Tun Mustapha
12 September 2024 - ‘Ergonomics in The Workplace & The Importance Of Occupational Safety & Health in The Workplace’ Talk by The Sabah State Occupational Safety & Health Department
19 September 2024 - ‘Laws And Regulations of The Road Transport Act 1987 & Road Safety Guidelines and Tips’ Talk by The Road Transport Department
24 September 2024 - ‘AI Aware & AI Appreciate’ Talk by Mahadthir bin Haji Asbollah, Senior Executive, Information Technology & Communication Division
303
YSG Annual Report 2024
26 September 2024 - ‘The Threat of Drug Challenges in The Workplace & Drug Laws in Malaysia and Early Detection Techniques’ Talk by The National Anti-Drug Agency YSG Annual Report 2024
304
OCCUPATIONAL SAFETY AND HEALTH MONTH CLOSING CEREMONY 10 October 2024 | Menara Tun Mustapha
26 September 2024 - ‘Fire Safety in Tall Building’ Talk by The Sabah State Fire and Rescue Department of Malaysia
1 October 2024 - ‘How to Quit Smoking & Mental Health’ Talk by The Ministry of Health of Malaysia
3 October 2024 - ‘Cyber Security and Prevention Tips’ Talk by The Royal Malaysian Police (PDRM)
9 October 2024 - ‘Yayasan Sabah Group, Occupational Safety and Health Guide’ Talk by Syafiq Ashraf Ignatius Abdullah, Occupational Safety & Health Officer 305
YSG Annual Report 2024
YSG Annual Report 2024
306
Financial Statements
Financial Stability Is The Pulse Of Organisational Continuity
307
YSG Annual Report 2024
YSG Annual Report 2023
292
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah Penyata untung atau rugi dan pendapatan komprehensif lain Bagi tahun kewangan berakhir 31 Disember 2024
Nota
Pendapatan Kos jualan
4 5
Lain-lain perbelanjaan Perbelanjaan jualan dan pemasaran Perbelanjaan pentadbiran Perbelanjaan lain Kos kewangan
Pendapatan komprehensif lain Item yang tidak dikelaskan semula ke untung atau rugi Pengukuran semula liabiliti Manfaat pekerja ditentukan Kesan cukai pendapatan Kerugian bersih atas perubahan nilai saksama instrumen ekuiti pada nilai saksama melalui pendapatan komprehensif lain
Yayasan
2023 RM’000
1,255,626 (759,462)
2,672 -
2,850 -
624,238
496,164
2,672
2,850
6 7 8
31,813 6,207 74,224
29,838 5,189 85,585
6,028 153,614 22,316
4,003 149,787 51,458
9
(21,679) (329,697) (97,070) (22,415)
(25,841) (278,235) (71,649) (20,007)
(69,126) (59,167) (9)
(87,964) (43,330) (13)
20,976
110,407
-
-
17,236
8,056
-
-
303,833 (98,045) 205,788
339,507 (63,912) 275,595
56,328 56,328
76,791 76,791
-
(3,912) 173
-
-
(11,050) (11,050)
(64,252) (67,991)
-
-
Bahagian keputusan syarikat usahasama Bahagian keputusan syarikat bersekutu Lebihan sebelum cukai Perbelanjaan cukai pendapatan Lebihan, bersih selepas cukai
2024 RM’000
1,433,058 (808,820)
Keuntungan kasar Lain-lain pendapatan Pendapatan faedah Pendapatan dividen Pendapatan lain
Kumpulan 2024 2023 RM’000 RM’000 (Dinyatakan semula)
10 13
7
208,868
55,078
75,541
111,869 93,919 205,788
207,962 67,633 275,595
56,328 56,328
76,791 76,791
94,570 93,481
143,074 65,794
55,078 -
75,541 -
188,051
208,868
55,078
75,541
Polisi perakaunan dan nota-nota yang dilampirkan adalah sebahagian daripada penyata kewangan ini.
34,330 66,000 59,382 21,720 90,000 428,596
157,164 -
9
188,051
13,096 50,729 129,350 89,249 270,782 34,599 29,327 818 296,206 2,651 3,122,958
(1,250)
13,096 51,695 146,403 98,837 358,552 40,652 21,907 535 231,954 582 3,234,822
(1,250)
13,096 53,661 145,632 107,510 420,312 59,382 22,608 400 220,902 9,190 3,352,346
(66,727)
16 17 18 19 20 21 22 23 24 25 33
(17,737)
2,088,943 117,208
(1,250)
2,146,021 124,588
(1,250)
2,165,040 134,613
1,363 1,264
14 15
(5,215) (6,687)
Aset Aset bukan semasa Hartanah, loji dan peralatan Aset biologi Tanah dipegang untuk pembangunan tanah Hartanah pelaburan Aset tidak ketara Pelaburan dalam syarikat subsidiari Pelaburan dalam syarikat bersekutu Pelaburan dalam syarikat usahasama Pinjaman pengajian Aset cukai tertunda Akaun terimaan dagangan dan lain-lain Sekuriti pelaburan Aset manfaat pekerja ditentukan
(1,250) -
8
Yayasan
2024 RM’000
(1,250) -
2022 RM’000 (Dinyatakan semula)
(99)
2024 RM’000
Jumlah pendapatan komprehensif boleh diagihkan kepada: Yayasan Kepentingan bukan kawalan
(1,472)
Nota
Lebihan boleh diagihkan kepada: Yayasan Kepentingan bukan kawalan
2023 RM’000
Kumpulan 2023 RM’000 (Dinyatakan semula)
Kurangan komprehensif lain bagi tahun semasa, bersih selepas cukai Jumlah pendapatan komprehensif bagi tahun
Yayasan
Penyata kedudukan kewangan Pada 31 Disember 2024
Item yang mungkin kemudian dikelaskan semula ke untung atau rugi Rizab konsesi kayu diiktiraf di untung atau rugi Terjemahan matawang asing Bahagian pendapatan komprehensif lain syarikat bersekutu dan usahasama - terjemahan matawang asing
2024 RM’000
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Kumpulan 2024 2023 RM’000 RM’000 (Dinyatakan semula)
37,094 66,000 40,652 21,720 91,250 413,746
Penyata untung atau rugi dan pendapatan komprehensif lain (sambungan) Bagi tahun kewangan berakhir 31 Disember 2024
157,030 -
2023 RM’000
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
29 30 31 32
25 28
26 24 27 22
15
845,026
19,921 93,234 461,221 1,842 20,895 597,113
27,927 45,179 73,360 6,335 9,889 7,862 271,978 999,609 1,442,139 4,794,485
2024 RM’000
35
33 34 23 29 31
3,076,230 10,255 3,086,485 511,729 3,598,214 4,794,485
3,598,214
25,632 118,418 250,987 203,208 913 599,158 1,196,271
2024 RM’000
10
2,963,572 25,680 2,989,252 494,107 3,483,359 4,625,276
3,483,359
26,555 117,356 239,691 250,405 2,318 636,325 1,141,917
Kumpulan 2023 RM’000 (Dinyatakan semula)
884,862
10,019 46,950 430,122 1,950 16,551 505,592
20,333 56,554 83,799 3,182 28,225 8,441 230,362 959,558 1,390,454 4,625,276
Kumpulan 2023 RM’000 (Dinyatakan semula)
2,758,230 87,948 2,846,178 494,504 3,340,682 4,415,346
3,340,682
24,932 116,104 240,856 264,521 6,070 652,483 1,074,664
2022 RM’000 (Dinyatakan semula)
870,207
7,858 73,460 334,079 1,837 4,947 422,181
20,683 5 54,376 89,501 2,320 24,452 17,159 179,898 903,994 1,292,388 4,415,346
2022 RM’000 (Dinyatakan semula)
11
Polisi perakaunan dan nota-nota yang dilampirkan adalah sebahagian daripada penyata kewangan ini.
Kepentingan bukan kawalan Jumlah ekuiti Jumlah ekuiti dan liabiliti
Ekuiti boleh diagihkan kepada Yayasan Pendapatan terkumpul Rizab-rizab lain
Aset bersih
Jumlah liabiliti
Liabiliti bukan semasa Liabiliti manfaat pekerja ditentukan Peruntukan pemulihan hutan Cukai tertunda Pinjaman dan pembiayaan Pajakan
Nota
Penyata kedudukan kewangan (sambungan) Pada 31 Disember 2024
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Aset/(Liabiliti) semasa bersih
Equiti dan liabiliti Liabiliti semasa Cukai pendapatan Pinjaman dan pembiayaan Akaun bayaran dagangan dan lain-lain Pajakan Liabiliti kontrak
Jumlah aset
Aset semasa Aset biologi Aset derivatif Inventori Akaun terimaan dagangan dan lain-lain Aset-aset lain Pinjaman pengajian Cukai boleh dikembalikan Sekuriti pelaburan Baki tunai dan bank
Nota
Penyata kedudukan kewangan (sambungan) Pada 31 Disember 2024
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
139,523 90,000 229,523 229,523 691,010
229,523
25,632 51 25,683 461,487
2024 RM’000
(173,390)
435,758 46 435,804
166 9,652 2 9,889 99,533 143,172 262,414 691,010
2024 RM’000
2023 RM’000
Yayasan
83,195 91,250 174,445 174,445 663,433
174,445
26,555 97 26,652 488,988
2023 RM’000
(212,649)
462,276 60 462,336
105 2,306 2 28,225 87,966 131,083 249,687 663,433
Yayasan
-
(73,196) 3,598,214
Jumlah urusniaga dengan pemilik Baki akhir pada 31 Disember 2024 3,086,485
2,663
2,663 -
(66,191) (66,191) 3,483,359
Urusniaga dengan pemilik Rizab konsesi kayu direalisasikan Dividen diisytiharkan oleh syarikat subsidiari Jumlah urusniaga dengan pemilik Baki akhir pada 31 Disember 2023 (seperti dinyatakan semula)
1,331
1,363
2,989,252
-
-
143,074
(62,731) (97)
(64,252) (99)
208,868
(3,391)
(3,739)
207,962
2,846,178
3,340,682 275,595
(3,116)
2,849,294
Ekuiti boleh diagihkan kepada Yayasan RM’000
(3,008)
3,343,690
Ekuiti, jumlah RM’000
Jumlah pendapatan komprehensif bagi tahun semasa
Pendapatan komprehensif lain: Pengukuran semula liabiliti manfaat pekerja ditentukan, bersih selepas cukai Untung bersih atas perubahan nilai saksama aset kewangan pada nilai saksama melalui pendapatan komprehensif lain Terjemahan matawang asing Bahagian pendapatan komprehensif lain syarikat bersekutu dan usahasama
Lebihan, bersih selepas cukai
Pelarasan tahun sebelum (Nota 42) Baki awal pada 1 Januari 2023 (seperti dinyatakan semula)
Baki awal pada 1 Januari 2023 (seperti dinyatakan sebelum ini)
Kumpulan
Penyata perubahan dalam ekuiti (sambungan) Bagi tahun kewangan berakhir 31 Disember 2024
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
2,677 (75,873)
Urusniaga dengan pemilik Penyahiktirafan syarikat subsidiari Rizab konsesi kayu direalisasikan Dividen diisytiharkan oleh syarikat subsidiari
94,570
(5,092)
(5,215) 188,051
(10,788) (1,437)
(11,050) (1,472)
18
111,869
2,989,252
3,483,359 205,788
27,936
2,961,316
Ekuiti diagihkan kepada Yayasan RM’000
28,147
3,455,212
Ekuiti, jumlah RM’000
Jumlah pendapatan komprehensif bagi tahun semasa
Pendapatan komprehensif lain: Pengukuran semula liabiliti manfaat pekerja ditentukan, bersih selepas cukai Untung bersih atas perubahan nilai saksama aset kewangan pada nilai saksama melalui pendapatan komprehensif lain Terjemahan matawang asing Bahagian pendapatan komprehensif lain syarikat bersekutu dan usahasama
Lebihan, bersih selepas cukai
Pelarasan tahun sebelum (Nota 42) Baki awal pada 1 Januari 2024 (seperti dinyatakan semula)
Baki awal pada 1 Januari 2024 (seperti dinyatakan sebelum ini)
Kumpulan
Penyata perubahan dalam ekuiti Bagi tahun kewangan berakhir 31 Disember 2024
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
2,963,572
771
771 -
204,571
-
-
(3,391)
207,962
2,758,230
(3,116)
2,761,346
Pendapatan terkumpul RM’000
3,076,230
771
771 -
111,887
-
-
18
111,869
2,963,572
27,936
2,935,636
Pendapatan terkumpul RM’000
13
25,680
(771)
(771) -
(61,497)
1,331
(62,731) (97)
-
-
87,948
-
87,948
Rizab-rizab lain, jumlah RM’000
12
10,255
1,892
2,663 (771) -
(17,317)
(5,092)
(10,788) (1,437)
-
-
25,680
-
25,680
Rizab-rizab lain, jumlah RM’000
(50,261)
-
-
(62,731)
-
(62,731) -
-
-
12,470
-
12,470
Rizab pelarasan nilai saksama RM’000
(61,049)
-
-
(10,788)
-
(10,788) -
-
-
(50,261)
-
(50,261)
Rizab pelarasan nilai saksama RM’000
55,515
(771)
(771) -
-
-
-
-
-
56,286
-
56,286
Rizab konsesi kayu RM’000
54,744
(771)
(771) -
-
-
-
-
-
55,515
-
55,515
Rizab konsesi kayu RM’000
(2,663)
-
-
-
-
-
-
-
(2,663)
-
(2,663)
Premium dibayar atas pengambilanalihan kepentingan bukan kawalan RM’000
-
2,663
2,663 -
-
-
-
-
-
(2,663)
-
(2,663)
Premium dibayar atas pengambilalihan kepentingan bukan kawalan RM’000
23,089
-
-
1,234
1,331
(97)
-
-
21,855
-
21,855
Rizab terjemahan matawang asing RM’000
16,560
-
-
(6,529)
(5,092)
(1,437)
-
-
23,089
-
23,089
Rizab terjemahan matawang asing RM’000
494,107
(66,191)
(66,191)
65,794
32
(1,521) (2)
(348)
67,633
494,504
108
494,396
Kepentingan bukan kawalan RM’000
511,729
(75,859)
14 (75,873)
93,481
(123)
(262) (35)
(18)
93,919
494,107
211
493,896
Kepentingan bukan kawalan RM’000
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Penyata perubahan dalam ekuiti (sambungan) Bagi tahun kewangan berakhir 31 Disember 2024
Penyata aliran tunai Bagi tahun kewangan berakhir 31 Disember 2024
Ekuiti, jumlah RM’000
Keuntungan terkumpul RM’000
Kumpulan 2024 2023 RM’000 RM’000 (Dinyatakan semula)
Rizab konsesi kayu RM’000 Aktiviti-aktiviti operasi Lebihan sebelum cukai
Yayasan Baki awal pada 1 Januari 2024
174,445
83,195
91,250
Lebihan, bersih selepas cukai Pendapatan komprehensif lain (Nota 8) Jumlah lebihan/(kurangan) komprehensif bagi tahun semasa Baki akhir pada 31 Disember 2024
56,328 (1,250)
56,328 -
(1,250)
55,078 229,523
56,328 139,523
(1,250) 90,000
Baki awal pada 1 Januari 2023
98,904
6,404
92,500
Lebihan, bersih selepas cukai Pendapatan komprehensif lain (Nota 8) Jumlah lebihan/(kurangan) komprehensif bagi tahun semasa Baki akhir pada 31 Disember 2023
76,791 (1,250)
76,791 -
(1,250)
75,541 174,445
76,791 83,195
(1,250) 91,250
-
Polisi perakaunan dan nota-nota yang dilampirkan adalah sebahagian daripada penyata kewangan ini. 14
Pelarasan bagi: Pelunasan hak konsesi kayu Susutnilai hartanah pelaburan Susutnilai hartanah, loji dan peralatan Pelupusan aset biologi Pendapatan dividen Kelayakan cuti pekerja Kelayakan cuti pekerja dinyatakan semula (Keuntungan)/kerugian nilai saksama aset biologi Konsesi sewa (Keuntungan)/kerugian atas pajakan dinyahiktiraf Kos-kos kewangan Keuntungan atas pelupusan syarikat bersekutu Keuntungan atas pelupusan hartanah, loji dan peralatan Rosotnilai atas: - pelaburan dalam syarikat subsidiari - akaun terimaan - pinjaman pengajian Liabiliti manfaat pekerja ditentukan Pendapatan faedah Inventori dihapuskira (Keuntungan)/kerugian nilai saksama bersih atas instrumen kewangan: - sekuriti pelaburan - derivatif Kerugian pertukaran asing bersih - belum direalisasi Hartanah, loji dan peralatan dihapuskan Peruntukan dana pemulihan semula hutan Pembalikan rosotnilai atas: - muhibbah - akaun terimaan - pinjaman pengajian
2024 RM’000
Yayasan
2023 RM’000
303,833
339,507
56,328
76,791
771 3,779
771 3,169
3,198
2,612
126,967 8,105 (6,207) 803
123,453 6,622 (5,189) 329
3,637 (153,614) -
2,835 (149,787) -
(25)
18
-
-
(7,833) -
(1,048) (30)
-
-
22,415
(1,072) 20,007
9
13
-
(78)
-
-
(1,937)
(313)
(18)
-
20,940 1,627 (3,437) (31,813) 54
34,385 2,508 5,137 (29,838) 3
51 1,627 2,685 (6,028) -
48,829 15,057 2,508 4,823 (4,003) -
(22,458) -
(20,227) (6)
(8,059) -
(16,265) -
-
3
-
-
869
719
-
3
1,331
1,395
-
-
(6,692) -
(17,824) (34,560) (10,612)
(933) -
(33,851) (10,612)
15
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Penyata aliran tunai (sambungan) Bagi tahun kewangan berakhir 31 Disember 2024
Penyata aliran tunai (sambungan) Bagi tahun kewangan berakhir 31 Disember 2024
2024 RM’000
Kumpulan
Yayasan
2023 RM’000 (Dinyatakan semula)
2024 RM’000
(20,976) (17,236) (1,044)
(110,407) (8,056) -
(1,250) -
(1,250) -
Jumlah pelarasan
68,003
(40,741)
(158,695)
(139,088)
Aliran tunai operasi sebelum perubahan modal kerja
371,836
298,766
(102,367)
(62,297)
(2,021) 11,321
(1,722) (2,181)
(2,021) (61)
(1,722) 83
(3,675)
13,510
680
(1,096)
(3,153)
(862)
-
2
(16,677) 30,751
(3,191) 94,988
694 36,250
3,078 50,768
(6,094)
(5,357)
(3,608)
(3,200)
(269) 4,344
(143) 11,604
-
-
Aktiviti-aktiviti operasi (sambungan) Bahagian keputusan syarikat usahasama Bahagian keputusan syarikat bersekutu Pendapatan hak konsesi kayu Pelepasan bayaran kepada pemiutang
Perubahan dalam modal kerja Tambahan dalam pinjaman pengajian Kurangan/(tambahan) dalam inventori (Tambahan)/kurangan dalam akaun terimaan (Tambahan)/kurangan dalam aset semasa lain (Tambahan)/kurangan dalam deposit yang dicagarkan atau bertempoh matang melebihi 3 bulan Tambahan dalam akaun bayaran Kurangan dalam liabiliti manfaat pekerja ditentukan Kurangan dalam peruntukan pemulihan semula hutan Tambahan dalam liabiliti kontrak Perubahan bersih dalam amaun terhutang kepada/daripada syarikat subsidiari Jumlah perubahan dalam modal kerja Aliran tunai daripada operasi Cukai pendapatan dikembalikan Cukai pendapatan dibayar Faedah diterima Faedah dibayar Aliran tunai bersih daripada aktiviti-aktiviti operasi
Kumpulan 2024 2023 RM’000 RM’000 (Dinyatakan semula)
2023 RM’000
14,527
106,646
(69,912) (37,978)
(85,583) (37,670)
386,363 40 (76,396) 31,813 (22,415)
405,412 6,294 (52,194) 29,838 (20,007)
(140,345) 6,028 (9)
(99,967) 2,730 4,003 (13)
319,405
369,343
(134,326)
(93,247)
Aktiviti-aktiviti pelaburan Tambahan dalam aset biologi Dividen diterima daripada syarikat bersekutu Dividen diterima daripada syarikat usahasama Pendapatan dividen Penyahiktifan syarikat subsidiari Pelaburan dalam syarikat bersekutu Penerimaan dalam pelupusan hartanah, loji dan peralatan Pembelian hartanah pelaburan Perubahan bersih dalam sekuriti pelaburan Penerimaan bersih daripada derivatif Pembelian hartanah, loji dan peralatan Ansuran hak kayu diterima Aliran tunai bersih digunakan dalam aktiviti-aktiviti pelaburan Aktiviti-aktiviti kewangan Pembayaran dividen kepada kepentingan bukan kawalan Pergerakan bersih dalam pembiayaan kredit pusingan dan kemudahan kredit lain Pembayaran balik pinjaman bertempoh Pembayaran sebahagian prinsipal liabiliti pajakan Aliran tunai bersih digunakan dalam aktiviti-aktiviti kewangan Tambahan bersih dalam tunai dan kesetaraan tunai Kesan perubahan kadar pertukaran Tunai dan kesetaraan tunai pada 1 Januari Tunai dan kesetaraan tunai pada 31 Disember (Nota 28)
2024 RM’000
Yayasan
2023 RM’000
(15,919)
(10,626)
-
-
8,563
6,136
-
-
6,207 2,663 -
24,000 5,189 (7,350)
153,614 -
149,787 -
2,513 (5,434)
901 (1,596)
18 (434)
(171)
(19,156) (149,857) -
(30,237) 11 (186,861) -
(3,508) (3,771) 1,250
4,548 (4,289) 1,250
(170,420)
(200,433)
147,169
151,125
(75,873)
(66,191)
-
-
46,000 (46,913)
(10,000) (30,626)
-
-
-
-
(1,649)
(1,984)
(60)
(56)
(78,435)
(108,801)
(60)
(56)
70,550 (47,176)
60,109 (7,736)
12,783 -
57,822 -
942,713
890,340
130,272
72,450
966,087
942,713
143,055
130,272
Polisi perakaunan dan nota-nota yang dillampirkan adalah sebahagian daripada penyata kewangan ini. 16
17
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
1.
2.
Maklumat korporat Yayasan Sabah ialah sebuat amanah kebajikan yang ditubuhkan di bawah undang-undang Sabah melalui Enakmen Yayasan Sabah, 1966. Seksyen 4 Enakmen tersebut memperuntukkan penubuhan Dana Yayasan Sabah (“Yayasan“) untuk menjalankan objektif-objektif kebajikan Yayasan Sabah dan Seksyen 5 Enakmen tersebut memperuntukkan penubuhan Lembaga Pemegang Amanah Yayasan Sabah bertujuan untuk menguruskan amanah ini dan mentadbir dan mengawal dana ini. Objektif-objektif kebajikan Yayasan Sabah menurut Enakmen termasuk, antaranya: (a) mempertingkatkan kemajuan kemudahan-kemudahan pendidikan di Sabah; (b) membekalkan perkhidmatan perubatan, kebajikan dan pendidikan secara sukarela; (c) membantu dan mempertingkatkan taraf kehidupan warganegara Malaysia di Sabah yang memerlukan; dan (d) memberi bantuan kepada institusi-institusi kebajikan. Dalam tahun 1970, Kerajaan Negeri Sabah telah memberi geran konsesi kayu kepada Yayasan Sabah dengan keluasan hampir berukuran 3,000 batu persegi. Yayasan Sabah telah menubuhkan syarikat-syarikat untuk mengambilalih aktiviti berkaitan kayu serta aktivitiaktiviti lain seperti dinyatakan di Nota 19 kepada penyata kewangan untuk menghasilkan dana bagi membiayai aktiviti-aktiviti kebajikan mereka. Pada 10 September 1997, lesen ini telah digantikan dengan Perjanjian Lesen Pengurusan Hutan Mampan (SFMLA 09/97) yang baru untuk menanam, memulih dan menuai hutan bagi keluasan hampir berukuran 799,828 hektar. Kemudian, pada 15 Februari 1999, melalui perjanjian lesen tambahan, Yayasan Sabah telah menyerahkan lebih kurang 200,000 hektar kawasan kayu daripada jumlah lesen konsesi di bawah SFMLA 09/97 kepada Kerajaan Negeri Sabah dan menyebabkan berkurangnya kawasan konsesi daripada 799,828 kepada 599,828 hektar. Pada 11 Januari 2013, Ketua Menteri Negeri Sabah dan Yayasan Sabah menandatangani Perjanjian Lesen Pengurusan Hutan Mampan (Perjanjian Tambahan Ketiga) (SFMLA 01/13) di mana Kawasan Berlesen ditingkatkan dari 599,828 hektar kepada 633,652 hektar. Pada 12 April 2018, Ketua Menteri Negeri Sabah dan Yayasan Sabah telah menandatangani Perjanjian Lesen Pengurusan Hutan Lestari (Perjanjian Tambahan Keenam) di mana Kawasan Berlesen telah dikurangkan kepada 213,814 hektar. Penyata kewangan disatukan bagi Yayasan dan syarikat-syarikat subsidiari yang lebih dikenali sebagai Kumpulan meliputi aktiviti kebajikan dan komersil yang dilakukan manakala penyata kewangan Yayasan hanya meliputi aktiviti kebajikan Yayasan yang berkaitan.
Maklumat dasar perakaunan material 2.1
Asas penyediaan Penyata kewangan Kumpulan dan Yayasan telah disediakan dengan mematuhi MFRS Piawaian Perakaunan, IFRS Piawaian Perakaunan dan keperluan Akta Syarikat, 2016 di Malaysia. Penyata kewangan telah disediakan berdasarkan kos sejarah selain daripada yang dinyatakan di dalam polisi-polisi perakaunan di bawah. Penyata kewangan ini dibentangkan dalam Ringgit Malaysia (RM) dan semua nilai telah dibundarkan kepada ribu yang terdekat (RM’000) melainkan jika dinyatakan sebaliknya.
2.2
Perubahan-perubahan dalam dasar-dasar perakaunan Dasar-dasar perakaunan yang digunapakai adalah selari dengan tahun sebelumnya selain daripada yang dibincangkan dibawah. Pada 1 Januari 2024, Kumpulan dan Yayasan telah menggunapakai piawaian mandatori yang dipinda berikut untuk tempoh kewangan tahunan bermula pada atau selepas 1 Januari 2024. Berkuatkuasa untuk tempoh tahunan bermula atau selepas
Keterangan Pindaan kepada MFRS 101: Klasifikasi Liabiliti sebagai Liabiliti Semasa atau Bukan Semasa Pindaan kepada MFRS 101: Liabiliti Bukan Semasa dengan Perjanjian Pindaan kepada MFRS 16: Liabiliti Pajakan dalam Jualan dan Pajakan Semula Pindaan kepada MFRS 107 dan MFRS 7: Pengaturan Pembiayaan Pembekal
1 Januari 2024 1 Januari 2024 1 Januari 2024
Penggunaan piawaian yang dipinda di atas tidak mempunyai sebarang kesan ke atas prestasi atau kedudukan kewangan Kumpulan dan Yayasan.
Tempat kegiatan utama Yayasan terletak di Menara Tun Mustapha, Kota Kinabalu.
18
1 Januari 2024
19
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
2.
2.
Maklumat dasar perakaunan material (sambungan) 2.3
Maklumat dasar perakaunan material (sambungan) 2.3
Piawaian telah dikeluarkan tetapi belum berkuatkuasa
MFRS 18 Persembahan dan Pendedahan dalam Penyata Kewangan (sambungan)
Piawaian baru dan yang dipinda yang telah dikeluarkan, tetapi belum berkuatkuasa pada tarikh penyata kewangan Kumpulan dan Yayasan adalah seperti dibawah. Kumpulan dan Yayasan bercadang untuk menggunapakai piawaian baru dan yang dipinda ini, jika berkenaan, apabila ianya berkuatkuasa.
Disamping itu, pindaan skop-terhad telah dibuat kepada IAS 107 Penyata Aliran Tunai, termasuk perubahan titik permulaan bagi menentukan aliran tunai daripada operasi di bawah kaedah tidak langsung, daripada ‘untung atau rugi’ kepada ‘untung atau rugi operasi’ dan mengasingkan pilihan sekitar klasifikasi aliran tunai daripada dividen dan faedah. Tambahan pula, terdapat pindaan berbangkit kepada beberapa piawaian lain.
Berkuatkuasa untuk tempoh tahunan bermula pada atau selepas
Keterangan Pindaan kepada MFRS 121: Kekurangan Kebolehtukaran Pindaan kepada MFRS 9 dan MFRS 7: Klasifikasi dan Pengukuran Instrumen Kewangan Pindaan kepada MFRS 1, MFRS 7, MFRS 9, MFRS 10 and MFRS 107: Penambahbaikan Tahunan – Jilid 11 Pindaan kepada MFRS 9 dan MFRS 7 Instrumen Kewangan: Pendedahan – Kontrak Rujukan Elektrik Janaan Alam Semula Jadi MFRS 18 Persembahan dan Pendedahan dalam Penyata Kewangan MFRS 19 Syarikat Subsidiari tanpa Akauntabiti Awam: Pendedahan Pindaan kepada MFRS 10 dan MFRS 128: Penjualan atau Sumbangan Aset antara Pelabur dan Syarikat Bersekutu atau Syarikat Usahasamanya
1 Januari 2026
Kumpulan dan Yayasan sedang berusaha mengenalpasti semua kesan pindaan terhadap penyata kewangan utama dan nota-nota kepada penyata kewangan. 2.4
Asas penyatuan
1 Januari 2027
Penyata kewangan disatukan mengandungi penyata kewangan Yayasan dan syarikat subsidiari pada tarikh pelaporan. Penyata kewangan syarikat subsidiari yang digunakan dalam penyediaan penyata kewangan disatukan disediakan pada tarikh laporan yang sama dengan Yayasan. Dasar perakaunan yang konsisten telah digunakan dalam transaksi dan peristiwa yang mempunyai keadaan yang sama.
Ditangguh
Yayasan mengawal pelaburannya jika dan hanya jika Yayasan mempunyai semua perkara-perkara berikut:
1 Januari 2026 1 Januari 2027
Piawaian baru dan yang dipinda dijangka tidak memberi kesan material ke atas penyata kewangan Kumpulan dan Yayasan pada tahun permulaan penggunaannya kecuali kepada perubahan-perubahan dalam persembahan dan pendedahan maklumat kewangan yang timbul dari penggunaan pindaan-pindaan kepada MFRS seperti yang dibincangkan di bawah: MFRS 18 Persembahan dan Pendedahan dalam Penyata Kewangan Pada April 2024, MASB mengeluarkan MFRS 18, yang menggantikan MFRS 101 Persembahan dalam Penyata Kewangan. MFRS 18 memperkenalkan keperluan baru bagi persembahan dalam penyata untung atau rugi, termasuk jumlah tertentu dan jumlah kecil. Selain itu, entiti dikehendaki mengklasifikasikan semua pendapatan dan perbelanjaan dalam penyata untung atau rugi kepada salah satu dari lima kategori: operasi, pelaburan, pembiayaan, cukai pendapatan dan operasi yang dihentikan, di mana tiga yang pertama adalah baru. Ia juga mengkehendaki pendedahan baru bagi ukuran prestasi mengikut takrifan pengurusan, jumlah kecil pendapatan dan perbelanjaan dan termasuk keperluan baru untuk pengaggregatan dan penyahaggregatan maklumat kewangan berdasarkan ‘peranan’ yang dikenalpasti dalam Penyata Kewangan Utama (PFS) dan notanya. 20
MFRS 18, dan pindaan kepada piawaian lain, berkuatkuasa untuk tempoh pelaporan bermula pada atau selepas 1 January 2027, tetapi penggunaan awal adalah dibenarkan dan mesti didedahkan. MFRS 18 akan digunapakai secara retrospektif.
1 Januari 2025
1 Januari 2026
Piawaian telah dikeluarkan tetapi belum berkuatkuasa (sambungan)
i)
kuasa ke atas penerima pelaburan (iaitu hak sedia ada yang membolehkannya menentukan kegiatan-kegiatan penerima pelaburan); ii) terdedah kepada, atau mempunyai hak, terhadap pulangan boleh ubah daripada pelaburannya terhadap penerima pelaburan; dan iii) berupaya menggunakan kuasanya ke atas penerima pelaburan yang akan memberi kesan ke atas pulangannya. Apabila Yayasan mempunyai kurang daripada hak undi majoriti ke atas penerima pelaburan, Yayasan mempertimbangkan perkara berikut dalam menilai sama ada hak mengundi Yayasan ke atas penerima pelaburan adalah mencukupi untuk memberikannya kuasa ke atas penerima pelaburan: i)
saiz pegangan hak mengundi Yayasan berbanding dengan saiz dan taburan pegangan pengundi lain; ii) potensi hak mengundi yang dipegang oleh Yayasan, pemegang undi lain atau pihak-pihak lain; iii) hak yang timbul daripada perjanjian kontrak lain; dan iv) sebarang maklumat dan keadaan lain yang menunjukkan bahawa Yayasan mempunyai, atau tidak mempunyai keupayaan untuk menentukan kegiatankegiatan yang relevan pada masa keputusan perlu dibuat, termasuk corak mengundi pada mesyuarat pemegang saham yang terdahulu. 21
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
2.
2.
Maklumat dasar perakaunan material (sambungan) 2.4
Asas penyatuan (sambungan)
Maklumat dasar perakaunan material (sambungan) 2.5
Subsidiari akan disatukan apabila Yayasan memperolehi kuasa untuk mengawal subsidiari dan tidak lagi disatukan apabila Yayasan kehilangan kawalan terhadap subsidiari. Kesemua baki antara-kumpulan, pendapatan dan perbelanjaan dan keuntungan atau kerugian belum direalisasi hasil daripada urusniaga antara-kumpulan dihapuskan sepenuhnya.
Kepentingan bukan kawalan mewakili ekuiti dalam subsidiari-subsidiari yang tidak boleh diagih, secara langsung atau tidak langsung, kepada pemilik Yayasan, dan akan ditunjukkan secara berasingan di Penyata Pendapatan Komprehensif Disatukan dan dalam ekuiti di Penyata Kedudukan Kewangan, berasingan daripada ekuiti yang boleh diagihkan kepada pemilik Yayasan.
Kerugian dalam subsidiari diagihkan kepada kepentingan tak kawal walaupun ianya akan menyebabkan baki defisit. Perubahan dalam kepentingan pegangan Kumpulan dalam subsidiari yang tidak mengakibatkan Kumpulan hilang kawalan ke atas subsidiari diambil kira sebagai urusniaga ekuiti. Nilai bawaan kepentingan Kumpulan dan kepentingan tak kawal dilaraskan untuk mengambarkan perubahan dalam kepentingannya di dalam subsidiari. Perbezaan diiktiraf terus dalam ekuiti dan diagihkan kepada pemilik Yayasan. Apabila Kumpulan hilang kawalan ke atas subsidiari, untung atau rugi dikira dengan membezakan antara (i) purata nilai saksama balasan yang diterima dan nilai saksama sebarang kepentingan terkumpul dan (ii) nilai bawaan terdahulu bagi aset dan liabiliti subsidiari dan sebarang kepentingan tak kawal, diiktiraf dalam untung atau rugi. Keuntungan atau kerugian terkumpul subsidiari yang mana telah diiktiraf dalam pendapatan komprehensif lain dan terkumpul dalam ekuiti dikelaskan semula kepada untung atau rugi atau di mana berkenaan, dipindahkan terus ke keuntungan terkumpul. Nilai saksama sebarang pelaburan terkumpul di dalam subsidiari pada tarikh kehilangan kawalan dianggap sebagai kos pada pengiktirafan awal pelaburan. Gabungan perniagaan Pengambilalihan subsidiari diambilkira menggunakan kaedah perakaunan pengambilalihan. Kos pengambilalihan diukur apabila purata nilai balasan telah dipindahkan, diukur pada nilai saksama tarikh pengambilalihan dan amaun daripada mana-mana kepentingan tak kawal di dalam pihak yang diambilalih. Kumpulan memilih dasar urusniaga-dengan-urusniaga dengan sama ada mengukur kepentingan tak kawal di dalam pihak yang diambilalih sama ada pada nilai saksama atau pada pembahagian seimbang aset bersih yang boleh dikenal pasti ke atas pihak yang diambilalih. Kos urusniaga yang berlaku dibelanjakan dan dimasukkan ke dalam perbelanjaan pentadbiran. Apa-apa perpindahan balasan luar jangka oleh pengambilalih akan diiktiraf pada nilai saksama pada tarikh pengambilalihan. Balasan luar jangka yang dikelaskan sebagai ekuiti tidak diukur semula dan penyelesaian berikutnya diambilkira di dalam ekuiti. Balasan luar jangka dikelaskan sebagai aset atau liabiliti yang merupakan instrumen kewangan dan dalam skop MFRS 9 Instrumen Kewangan: Pengiktirafan dan Pengukuran, diukur pada nilai saksama dengan perubahan dalam nilai saksama diiktiraf di Penyata Untung Rugi mengikut MFRS 9. Balasan luar jangka lain yang tidak termasuk di dalam skop MFRS 9 diukur pada nilai saksama pada setiap tarikh pelaporan dengan perubahan dalam nilai saksama diiktiraf di untung atau rugi. 22
Urusniaga dengan kepentingan bukan kawalan
Perubahan dalam kepentingan pemilikan oleh pemilik Yayasan di dalam sebuah subsidiari yang tiada kehilangan kawalan diambilkira sebagai urusniaga ekuiti. Dalam keadaan sedemikian, amaun bawaan bagi kepentingan kawalan dan bukan kawalan diselaraskan untuk menggambarkan perubahan dalam kepentingan relatif mereka dalam subsidiari. Sebarang perbezaan di antara amaun kepentingan bukan kawalan terlaras dan nilai saksama balasan yang dibayar atau diterima diiktiraf secara langsung dalam ekuiti dan diagihkan kepada pemilik Yayasan. 2.6
Mata wang asing (a) Mata wang fungsian dan persembahan Penyata kewangan individu bagi setiap entiti dalam Kumpulan diukur menggunakan mata wang persekitaran ekonomi utama di mana entiti itu beroperasi ("mata wang fungsian"). Penyata kewangan disatukan dibentangkan dalam Ringgit Malaysia (RM), yang juga merupakan mata wang fungsian bagi Yayasan. (b) Urusniaga mata wang asing Transaksi dalam mata wang asing diukur dalam mata wang fungsi masing-masing bagi Yayasan dan syarikat-syarikat subsidiari dan direkodkan pada pengiktirafan asal mata wang fungsi tersebut berdasarkan anggaran kadar tukaran pada tarikh urus niaga tersebut dilaksanakan. Aset dan liabiliti kewangan dalam mata wang asing dikira pada kadar tukaran yang berkuatkuasa pada tarikh laporan. Item-item bukan monetari dengan denominasi mata wang asing yang dinilai pada kos sejarah diterjemahkan menggunakan kadar tukaran pada tarikh transaksi asal dibuat. Item-item bukan monetari dengan denominasi mata wang asing yang dinilai pada nilai saksama diterjemahkan menggunakan kadar tukaran pada tarikh nilai saksama tersebut ditentukan. Perbezaan tukaran yang terhasil daripada penyelesaian item monetari atau dalam terjemahan item monetari pada tarikh laporan diiktiraf dalam untung atau rugi, kecuali untuk perbezaan tukaran yang terhasil daripada item monetari yang membentuk sebahagian daripada pelaburan bersih Kumpulan dalam operasi asing yang pada asalnya diiktiraf dalam pendapatan komprehensif lain dan terkumpul di bawah rizab terjemahan mata wang asing di ekuiti. Rizab terjemahan mata wang asing diklasifikasikan daripada ekuiti kepada untung atau rugi Kumpulan bagi pelupusan operasi asing.
23
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
2.
2.
Maklumat dasar perakaunan material (sambungan) 2.6
Mata wang asing (sambungan)
2.7
(b) Urusniaga mata wang asing (sambungan) Perbezaan tukaran yang terhasil daripada terjemahan item bukan monetari yang dibawa pada nilai yang saksama dimasukkan dalam untung rugi bagi tempoh kecuali bagi perbezaan yang timbul daripada terjemahan perkara bukan kewangan di mana keuntungan dan kerugian diiktiraf terus dalam ekuiti. Perbezaan tukaran terhasil dari item bukan monetari juga diiktiraf terus dalam ekuiti. (c) Operasi asing Aset dan liabiliti operasi asing ditukar kepada RM pada kadar pertukaran yang berkuatkuasa pada tarikh laporan dan pendapatan dan perbelanjaan diterjemahkan pada kadar pertukaran pada tarikh urus niaga. Perbezaan pertukaran yang terhasil daripada terjemahan dimasukkan terus ke pendapatan komprehensif lain. Semasa pelupusan sebuah operasi asing, jumlah terkumpul yang diiktiraf dalam pendapatan komprehensif lain dan terkumpul dalam ekuiti di bawah rizab tukaran matawang asing yang berkaitan dengan sesuatu operasi asing akan diiktiraf dalam untung atau rugi. Muhibah dan pelarasan nilai saksama yang timbul daripada pengambilalihan operasi asing dianggap sebagai aset dan liabiliti operasi asing dan direkod dalam matawang fungsian operasi asing tersebut dan diterjemahkan pada kadar penutup pada tarikh laporan. 2.7
Maklumat dasar perakaunan material (sambungan)
Hartanah, loji dan peralatan Semua item di dalam hartanah, loji dan peralatan pada awalnya direkod pada kos. Selepas pengiktirafan, hartanah, loji dan peralatan dinyatakan pada kos ditolak susutnilai terkumpul dan kerugian rosotnilai terkumpul. Tanah milik bebas tidak mempunyai usia penggunaan yang terhad dan oleh itu tidak disusutnilaikan. Susutnilai dikira mengikut kaedah garis lurus berdasarkan tempoh anggaran usia penggunaan aset-aset berikut: Tanah pegangan pajakan jangka pendek Tanah pegangan pajakan jangka Panjang Baka tumbuhan – kelapa sawit Bangunan Loji dan mesin Peralatan pejabat dan perabot Kenderaan bermotor Aset-aset lain
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Baki tempoh pajakan Baki tempoh pajakan 22 tahun 3 hingga 50 tahun 5 hingga 25 tahun 2 hingga 25 tahun 3 hingga 25 tahun 4 hingga 40 tahun
Hartanah, loji dan peralatan (sambungan) Aset dalam pembinaan yang dimasukkan dalam hartanah, loji dan peralatan tidak disusutnilai kerana aset-aset tersebut masih belum boleh digunakan. Nilai bawaan hartanah, loji dan peralatan akan disemak untuk dirosotnilai apabila terdapat peristiwa atau perubahan yang menunjukkan bahawa nilai bawaan tidak boleh diperolehi semula. Nilai baki, usia penggunaan dan kaedah susutnilai disemak dan diselaraskan jika bersesuaian pada setiap tarikh penyata kedudukan kewangan. Hartanah, loji dan peralatan akan dinyahiktiraf apabila dilupuskan atau tiada jangkaan faedah ekonomi masa depan daripada penggunaannya atau pelupusannya. Untung atau rugi atas penyahiktirafan aset dimasukkan di untung atau rugi pada tahun aset itu dinyahiktiraf.
2.8 Pajakan Kumpulan menilai pada permulaan kontrak sama ada kontrak adalah, atau mengandungi, pajakan. Iaitu, jika kontrak tersebut memberikan hak untuk mengawal penggunaan aset yang dikenalpasti untuk suatu jangka masa sebagai pertukaran pertimbangan. Kumpulan sebagai pemajak Kumpulan menggunakan pendekatan pengiktirafan dan pengukuran tunggal untuk semua pajakan, kecuali pajakan jangka pendek dan pajakan aset bernilai rendah. Kumpulan mengiktiraf liabiliti pajakan bagi melakukan pembayaran pajakan dan hak mengguna aset yang mewakili hak untuk menggunakan aset pendasar. i)
Hak mengguna aset Kumpulan mengiktiraf hak mengguna aset pada tarikh permulaan pajakan (iaitu, tarikh aset pendasar tersedia untuk digunakan). Hak mengguna aset diukur pada kos, ditolak susutnilai terkumpul dan kerugian rosotnilai, dan disesuaikan untuk pengukuran semula liabiliti pajakan. Kos hak mengguna aset merangkumi jumlah liabiliti pajakan yang diiktiraf, kos langsung awal yang terlibat, dan pembayaran pajakan yang dibuat pada atau sebelum tarikh permulaan ditolak sebarang insentif pajakan yang diterima. Hak mengguna aset disusutnilai berdasarkan garis lurus sepanjang jangka masa pajakan dan jangka hayat berguna aset tersebut, yang mana lebih singkat, seperti berikut: Tanah pajakan jangka panjang Premis pejabat Peralatan
Baki tempoh pajakan 10 ke 60 tahun 2 ke 60 tahun 4 ke 10 tahun
25
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
2.
2.
Maklumat dasar perakaunan material (sambungan)
Maklumat dasar perakaunan material (sambungan) 2.8 Pajakan (sambungan)
2.8 Pajakan (sambungan) Kumpulan sebagai pemajak (sambungan)
Kumpulan sebagai pemajak (sambungan)
i)
iii) Pajakan jangka pendek dan pajakan aset nilai rendah
Hak mengguna aset (sambungan)
Kumpulan menggunakan pengecualian pengiktirafan pajakan jangka pendek bagi pajakan mesin dan peralatan jangka pendeknya (iaitu, pajakan yang mempunyai jangka masa pajakan 12 bulan atau kurang dari tarikh permulaan dan tidak mengandungi pilihan pembelian). Kumpulan juga menggunakan pengecualian pengiktirafan aset bernilai rendah untuk pajakan peralatan pejabat yang dianggap bernilai rendah. Bayaran pajakan bagi pajakan jangka pendek dan pajakan aset bernilai rendah diiktiraf sebagai perbelanjaan berdasarkan garis lurus sepanjang tempoh pajakan.
Sekiranya pemilikan aset pajakan dipindahkan ke Kumpulan pada akhir tempoh pajakan atau kosnya menggambarkan pelaksanaan opsyen pembelian, susut nilai dikira menggunakan anggaran jangka hayat aset tersebut. Hak mengguna aset juga tertakluk kepada rosotnilai. Dasar untuk pengiktirafan dan pengukuran kerugian rosotnilai adalah mengikut Nota 2.13. ii) Liabiliti pajakan Pada tarikh permulaan pajakan, Kumpulan mengiktiraf liabiliti pajakan yang diukur pada nilai kini bayaran pajakan yang perlu dibuat sepanjang tempoh pajakan. Bayaran pajakan merangkumi bayaran tetap (termasuk bayaran tetap terkandung) ditolak sebarang insentif pajakan belum diterima, bayaran pajakan boleh ubah yang bergantung pada indeks atau kadar, dan jumlah yang dijangka akan dibayar di bawah jaminan baki nilai. Bayaran pajakan juga merangkumi harga pelaksanaan opsyen belian yang cukup pasti dilaksanakan oleh Kumpulan dan bayaran denda bagi penamatan pajakan, jika jangka masa pajakan menggambarkan Syarikat yang melaksanakan pilihan untuk menamatkan pajakan. Pembayaran pajakan boleh ubah yang tidak bergantung kepada indeks atau kadar diiktiraf sebagai perbelanjaan (melainkan ianya wujud bagi menghasilkan inventori) dalam tempoh di mana peristiwa atau keadaan yang mencetuskan pembayaran berlaku. Dalam mengira nilai kini bayaran pajakan, Kumpulan menggunakan kadar pinjaman berperingkat pada tarikh permulaan pajakan kerana kadar faedah yang tersirat dalam pajakan tidak mudah ditentukan. Selepas tarikh permulaan, jumlah liabiliti pajakan meningkat untuk menunjukkan kenaikan faedah dan pengurangan dalam bayaran pajakan yang dibuat. Di samping itu, jumlah bawaan liabiliti pajakan diukur semula sekiranya terdapat perubahan, perubahan dalam jangka masa pajakan, perubahan bayaran pajakan (contohnya, perubahan pada bayaran masa depan yang disebabkan oleh perubahan indeks atau kadar yang digunakan untuk menentukan bayaran pajakan tersebut) atau perubahan dalam penilaian pilihan untuk membeli aset pendasar. Liabiliti pajakan Kumpulan dinyatakan di Nota 31. .
Kumpulan sebagai pemberi pajakan Pajakan di mana Kumpulan tidak memindahkan secara dasarnya semua risiko dan ganjaran yang berkaitan dengan pemilikan aset diklasifikasikan sebagai pajakan operasi. Pendapatan sewa yang timbul diakaunkan berdasarkan garis lurus sepanjang tempoh pajakan dan dimasukkan dalam pendapatan dalam penyata untung atau rugi kerana sifat operasinya. Kos langsung awalan yang timbul dalam perundingan dan pajakan operasi ditambahkan ke nilai bawaan aset yang dipajak dan diiktiraf sepanjang tempoh pajakan pada asas yang sama dengan pendapatan sewa. Sewa luar jangka diiktiraf sebagai pendapatan di dalam tempoh di mana ia diperoleh. 2.9
Aset biologi (i) Penghasilan pertumbuhan baka tumbuhan Penghasilan pertumbuhan baka tumbuhan diukur pada nilai saksama ditolak kos untuk dijual. Untung atau rugi hasil dari perubahan dalam nilai saksama ditolak kos untuk dijual diiktiraf di untung atau rugi. Nilai saksama dikenalpasti berdasarkan pada nilai semasa jangkaan aliran tunai bersih daripada aset biologi. Anggaran jangkaan aliran tunai bersih menggunakan kaedah jangkaan pengeluaran dan jangkaan harga pasaran aset biologi. Aset biologi dikelaskan sebagai aset semasa bagi baka tumbuhan yang dijangka dituai dan dijual atau digunakan untuk pengeluaran pada tarikh tidak melebihi 12 bulan selepas tarikh pelaporan. (ii) Penanaman pokok untuk kayu Penanaman pokok untuk kayu diukur pada nilai saksama ditolak kos untuk dijual pada tarikh pelaporan dan perubahan dalam nilai saksama diiktiraf dalam untung atau rugi.
26
27
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
2.
2.
Maklumat dasar perakaunan material (sambungan) 2.10 Tanah dipegang untuk pembangunan hartanah dan kos pembangunan hartanah (i) Tanah dipegang untuk pembangunan hartanah Tanah dipegang untuk pembangunan hartanah terdiri daripada tanah di mana tiada aktiviti pembangunan dijalankan atau aktiviti pembangunan dijangka tidak dapat disiapkan dalam tempoh kitaran operasi biasa. Tanah sedemikian dikelaskan dalam aset bukan semasa dan dinyatakan pada kos ditolak sebarang kerugian rosotnilai terkumpul. Tanah dipegang untuk pembangunan hartanah diklasifikasikan semula sebagai kos pembangunan hartanah apabila aktiviti pembangunan telah bermula dan menunjukkan ianya dapat disiapkan dalam tempoh kitaran operasi biasa. (ii) Kos pembangunan hartanah
Maklumat dasar perakaunan material (sambungan) 2.11 Hartanah pelaburan Hartanah pelaburan adalah hartanah yang dimiliki sama ada oleh Kumpulan atau dipajak di bawah pajakan kewangan yang dipegang untuk memperolehi pendapatan sewa atau untuk menambah nilai modal, atau kedua-duanya, bukannya untuk digunakan dalam pengeluaran atau bekalan barangan atau perkhidmatan, atau untuk tujuan pentadbiran, atau dalam urusan biasa perniagaan. Hartanah pelaburan terdiri daripada hartanah pelaburan yang telah siap dan hartanah yang sedang dibina atau dibangunkan untuk kegunaan masa depan sebagai hartanah pelaburan. Hartanah dipegang melalui pajakan operasi dikelaskan sebagai hartanah pelaburan apabila definisi hartanah pelaburan dicapai. Hartanah pelaburan termasuklah kos urusniaga, pada permulaannya diukur pada kos. Kos menggantikan sebahagian hartanah pelaburan sedia ada semasa kos berlaku, termasuk di dalam amaun bawaan sekiranya kriteria pengiktirafan dipenuhi.
Kos pembangunan hartanah terdiri daripada semua kos langsung yang berkaitan dengan aktiviti pembangunan atau boleh diperuntukan secara munasabah kepada aktiviti-aktiviti tersebut.
Selepas pengiktirafan permulaan, hartanah pelaburan dinyatakan pada kos ditolak susutnilai terkumpul dan kerugian rosot nilai terkumpul. Polisi susutnilai bagi hartanah pelaburan adalah selaras dengan polisi susutnilai hartanah, loji dan peralatan seperti yang dinyatakan dalam Nota 2.7.
Apabila anggaran adalah pasti atas kesan kewangan daripada aktiviti pembangunan, hasil dan perbelanjaan bagi pembangunan hartanah akan diiktiraf dalam untung atau rugi dengan menggunakan kaedah peringkat siap. Peringkat siap ditentukan oleh kadar kos pembangunan hartanah bagi kerja terlaksana terkini kepada jumlah anggaran kos pembangunan hartanah.
Hartanah pelaburan dinyahiktiraf apabila ia dilupuskan atau tidak lagi digunakan secara tetap dan tiada pulangan masa hadapan dijangka dari pelupusan tersebut. Sebarang keuntungan atau kerugian dari penghentian atau pelupusan sebuah hartanah pelaburan diiktiraf dalam untung atau rugi dalam tahun ianya berlaku.
Apabila anggaran tidak dapat dibuat ke atas kesan kewangan daripada aktiviti pembangunan, hasil pembangunan hartanah hanya diiktiraf setakat kos pembangunan hartanah yang berkemungkinan akan diperolehi semula, dan kos pembangunan hartanah ke atas hartanah terjual diiktiraf sebagai perbelanjaan dalam tempoh ianya berlaku. Apa-apa jangkaan kerugian ke atas projek pembangunan, termasuk kos yang akan berlaku semasa tempoh tanggungan kecacatan, diiktiraf terus sebagai perbelanjaan. Kos pembangunan hartanah yang tidak diiktiraf sebagai perbelanjaan akan diiktiraf sebagai aset, yang diukur pada nilai terendah di antara kos dan nilai bersih boleh direalisasi. Lebihan hasil ke atas bil kepada pembeli yang diiktiraf dalam untung atau rugi dikelaskan sebagai bil terakru dalam aset semasa dan lebihan bil kepada pembeli ke atas hasil yang diiktiraf dalam untung atau rugi dikelaskan sebagai bil berperingkat dalam liabiliti semasa.
28
Pemindahan kepada atau daripada hartanah pelaburan hanya dibuat apabila terdapat perubahan dalam penggunaan. 2.12 Aset tidak ketara (a) Muhibah Muhibah pada permulaannya dikira pada kos. Selepas pengiktirafan awal, muhibah diukur pada kos ditolak rugi rosotnilai terkumpul. Bagi tujuan pengujian rosotnilai, muhibah yang diambilalih dari gabungan perniagaan dari tarikh pengambilalihan merupakan peruntukan unit penjanaan tunai Kumpulan yang dijangka akan mendapat manfaat daripada sinergi kombinasi tersebut, tidak kira sama ada aset atau tanggungan lain daripada yang diambilalih di tempatkan di unit tersebut. Muhibah yang diperuntukkan kepada unit penjanaan tunai diuji untuk rosotnilai setiap tahun dan jika terdapat petunjuk rosotnilai terhadap unit penjanaan tunai tersebut. Rosotnilai muhibah ditentukan dengan menaksir amaun boleh pulih bagi setiap unit penjanaan tunai (atau kumpulan unit penjanaan tunai) berkaitan dengan muhibah. Jika amaun boleh pulih unit penjanaan tunai adalah kurang daripada amaun bawaan, kerugian rosotnilai diiktiraf dalam untung atau rugi. Kerugian rosotnilai muhibah yang diiktiraf tidak dibalikkan pada tempoh berikutnya. 29
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
2.
Maklumat dasar perakaunan material (sambungan) 2.12 Aset tidak ketara (sambungan)
2.
Maklumat dasar perakaunan material (sambungan) 2.13 Rosotnilai aset-aset bukan kewangan
(a) Muhibah (sambungan) Apabila muhibah membentuk sebahagian daripada unit penjanaan tunai dan sebahagian daripada operasi yang dilupuskan dalam unit penjanaan tunai tersebut, muhibah yang berkaitan dengan operasi yang dilupuskan dimasukkan ke dalam nilai bawaan operasi dalam menentukan untung atau rugi atas pelupusan operasi. Muhibah yang dilupuskan dalam keadaan ini diukur berdasarkan kepada nilai saksama relatif operasi yang dilupuskan dan bahagian unit penjanaan tunai yang dikekalkan. (b) Aset tidak ketara lain Aset tidak ketara yang diperoleh secara berasingan diukur permulaannya pada kos. Kos aset tidak ketara diperolehi dalam kombinasi perniagaan merupakan nilai saksama aset tidak ketara tersebut pada tarikh pengambilalihan. Selepas permulaan pengambilalihan, aset tidak ketara dikira pada kos ditolak sebarang pelunasan terkumpul dan kerugian rosotnilai terkumpul. Usia penggunaan aset tidak ketara adalah dinilai sama ada sebagai terhad atau tidak terhad. Aset tidak ketara dengan usia penggunaan terhad dilunaskan sepanjang anggaran usia penggunaan dan dinilai untuk rosotnilai apabila terdapat petunjuk bahawa nilai aset tidak ketara mungkin merosot. Tempoh pelunasan dan kaedah pelunasan dikaji semula sekurang-kurangnya pada setiap akhir tahun kewangan. Perubahan dalam jangkaan usia penggunaan atau jangkaan corak penggunaan manfaat ekonomi masa hadapan yang terkandung di dalam aset diambilkira dengan mengubah tempoh atau kaedah pelunasan yang bersesuaian dan dianggap sebagai perubahan dalam anggaran perakaunan. Aset tidak ketara dengan usia penggunaan tidak terhad atau belum tersedia untuk digunakan diuji rosotnilai setiap tahun, atau lebih kerap jika peristiwa dan keadaan menunjukkan bahawa nilai bawaan mungkin mengalami rosotnilai sama ada secara individu atau di peringkat unit penjanaan tunai. Tiada perlunasan terhadap aset tidak ketara tersebut. Usia penggunaan bagi aset tidak ketara yang tidak terhad dikaji semula setiap tahun untuk menentukan sama ada penilaian usia penggunaan boleh diteruskan. Jika tidak, perubahan usia penggunaan daripada tidak terhad kepada terhad dilakukan dengan asas prospektif. Keuntungan atau kerugian yang timbul daripada penyahiktirafan aset tidak ketara diukur apabila perbezaan di antara perolehan bersih pelupusan dan nilai bawaan aset dan diiktiraf di untung atau rugi apabila aset dinyahiktiraf. Hak konsesi kayu Hak konsesi kayu dinyatakan pada kos (dianggap sebagai kos kepada penilaian pengarah berdasarkan nasihat kakitangan profesional Syarikat pada tahun 1988) ditolak pelunasan terkumpul dan sebarang kerugian rosotnilai terkumpul. Hak konsesi kayu dilunaskan mengikut kaedah garis lurus sepanjang tempoh konsesi yang masih ada. 30
Pada setiap tarikh pelaporan, Kumpulan dan Yayasan menilai sama ada terdapat tanda-tanda rosotnilai terhadap aset. Jika terdapat petunjuk sedemikian, atau keperluan dalam ujian tahunan terhadap rosotnilai aset, anggaran dibuat oleh Kumpulan ke atas amaun aset boleh pulih. Amaun aset boleh pulih adalah aset atau unit penjanaan tunai yang mana lebih tinggi, ditolak kos pelupusan dan nilai digunakan dan ditentukan bagi aset individu, melainkan aset tersebut tidak menghasilkan aliran masuk tunai yang sebahagian besarnya tidak bergantung kepada aset lain atau kumpulan aset. Bagi tujuan penilaian rosotnilai, aset dikumpulkan pada tahap terendah yang mana terdapat aliran tunai yang dapat dikenalpasti secara berasingan (unit penjanaan tunai ("CGU")). Bagi nilai bawaan sesuatu aset atau CGU melebihi amaun boleh pulih, aset itu dianggap mengalami rosotnilai dan diturunkan ke amaun boleh pulih. Dalam menaksir nilai digunakan, anggaran aliran tunai masa hadapan yang dijangka akan dihasilkan oleh aset didiskaunkan kepada nilai semasa dengan menggunakan kadar diskaun sebelum cukai yang mencerminkan penilaian pasaran semasa nilai masa wang dan risiko khusus kepada aset tersebut. Dalam menentukan nilai saksama ditolak kos pelupusan, transaksi pasaran baru-baru ini diambilkira, jika ada. Jika tiada transaksi sedemikian dapat dikenalpasti, model penilaian yang sesuai digunakan. Kerugian rosotnilai yang diiktiraf berhubung dengan CGU atau kumpulan CGU diperuntukkan untuk mengurangkan amaun bawaan aset di dalam unit atau kumpulan unit secara pro rata. Kumpulan dan Yayasan merangkumi pengiraan rosotnilai pada belanjawan terperinci dan pengiraan ramalan yang disediakan secara berasingan untuk setiap unit penjanaan tunai Kumpulan dan Yayasan yang mana aset individu diperuntukkan. Pengiraan belanjawan dan ramalan ini biasanya meliputi tempoh lima tahun. Untuk tempoh yang lebih panjang, kadar pertumbuhan jangka panjang dikira dan digunakan untuk projek aliran tunai masa hadapan selepas tahun kelima. Kerugian rosotnilai akan diiktiraf di untung atau rugi. Penilaian dibuat pada setiap tarikh pelaporan sama ada terdapat sebarang petunjuk bahawa kerugian rosotnilai yang diiktiraf sebelum ini mungkin tidak lagi wujud atau mungkin berkurangan. Sekiranya terdapat petunjuk sedemikian, Kumpulan dan Yayasan menganggarkan amaun aset atau CGU yang boleh diperolehi semula. Kerugian rosotnilai yang diiktiraf sebelum ini diterbalikkan hanya jika terdapat perubahan dalam anggaran yang digunakan untuk menentukan amaun aset yang boleh diperolehi semula selepas kerugian rosotnilai terakhir diiktiraf. Sekiranya itu berlaku, amaun bawaan aset akan dinaikkan kepada amaun boleh diperolehi semula. Peningkatan tersebut tidak dapat melebihi amaun bawaan yang akan ditentukan, setelah susutnilai, tanpa kerugian rosotnilai yang diiktiraf sebelumnya. Pembalikan tersebut diiktiraf di untung atau rugi. Kerugian rosotnilai pada muhibah tidak dibalikkan dalam tempoh yang berikutnya. 31
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
2.
2.
Maklumat dasar perakaunan material (sambungan) 2.14 Syarikat-syarikat subsidiari Syarikat subsidiari adalah entiti di mana Kumpulan mempunyai semua yang berikut: i)
kuasa ke atas entiti tersebut (iaitu hak sedia ada yang memberikan keupayaan semasa untuk mengarah aktiviti-aktiviti berkaitan entiti tersebut); ii) terdedah kepada, atau mempunyai hak ke atas pulangan boleh ubah atas pelaburan dalam entiti tersebut; dan iii) keupayaan untuk mempengaruhi pulangan entiti terlibat melalui kuasa ke atas entiti tersebut. Di dalam penyata kewangan Yayasan yang berasingan, pelaburan dalam syarikat subsidiari diambilkira pada kos tolak kerugian rosotnilai. Apabila sesuatu pelaburan dilupuskan, perbezaan antara hasil pelupusan bersih dan nilai bawaan diiktiraf dalam untung atau rugi. 2.15 Pelaburan dalam syarikat bersekutu dan usahasama Syarikat bersekutu adalah syarikat di mana Kumpulan mempunyai pengaruh signifikan dalam membuat keputusan mengenai polisi kewangan dan operasi. Pengaruh signifikan adalah kuasa untuk terlibat dalam membuat keputusan polisi kewangan dan operasi syarikat bersekutu tetapi bukan untuk melaksanakan kawalan atas polisi tersebut. Syarikat usahasama merupakan perjanjian bersama di antara pihak-pihak yang mempunyai perjanjian kawalan bersama mempunyai hak ke atas aset-aset bersih dalam perjanjian tersebut. Kawalan bersama adalah kontrak persetujuan berkongsi kawalan, yang wujud hanya apabila keputusan mengenai aktiviti-aktiviti berkaitan memerlukan persetujuan semua pihak-pihak yang berkongsi kawalan. Apabila pengambilalihan berlaku ke atas pelaburan dalam syarikat bersekutu atau syarikat usahasama, mana-mana lebihan daripada kos pelaburan berbanding bahagian Kumpulan atas nilai saksama bersih aset dan liabiliti-liabiliti yang dikenalpasti dalam pihak penerima pelaburan diiktiraf sebagai muhibah dan dimasukkan ke dalam nilai bawaan pelaburan tersebut. Sebarang lebihan bahagian bagi Kumpulan atas nilai saksama bersih aset dan liabiliti-liabiliti pihak penerima pelaburan ke atas kos pelaburan tidak termasuk dalam nilai bawaan pelaburan sebaliknya dimasukkan sebagai pendapatan dalam menentukan bahagian untung atau rugi syarikat bersekutu atau syarikat usahasama bagi Kumpulan bagi tempoh pelaburan diperoleh. Sebuah syarikat bersekutu atau usahasama diambilkira sebagai ekuiti dari tarikh pihak yang penerima pelaburan menjadi sebuah syarikat bersekutu atau usahasama. Di bawah kaedah ekuiti, pengiktirafan atas permulaan pelaburan dalam syarikat bersekutu atau usahasama dinyatakan pada kos, dan nilai bawaan meningkat atau menurun bagi mengiktiraf bahagian Kumpulan dalam untung atau rugi dan lain-lain pendapatan komprehensif bagi syarikat bersekutu atau syarikat usahasama selepas tarikh pengambilalihan. Apabila bahagian kerugian dalam syarikat bersekutu atau usaha sama bagi Kumpulan sama atau melebihi kepentingannya dalam syarikat bersekutu atau syarikat usahasama, Kumpulan tidak mengiktiraf kerugian selanjutnya, kecuali ia mempunyai obligasi perundangan atau konstruktif atau membuat pembayaran bagi pihak syarikat bersekutu atau usahasama. 32
Maklumat dasar perakaunan material (sambungan) 2.15 Pelaburan dalam syarikat bersekutu dan usahasama (sambungan) Keuntungan dan kerugian terhasil daripada urusniaga antara Kumpulan dan syarikat bersekutu atau usahasama diiktiraf dalam penyata kewangan Kumpulan setakat kepentingan pelabur yang tidak berkaitan dalam syarikat bersekutu atau usahasama. Kerugian tidak direalisasi dihapuskan kecuali urusniaga berkenaan menunjukkan bukti rosotnilai harta yang telah dipindahkan. Penyata kewangan syarikat-syarikat bersekutu dan usahasama telah disediakan pada tarikh pelaporan yang sama dengan Syarikat. Apabila perlu, pelarasan dibuat untuk menjadikan dasar-dasar perakaunan selari dengan Kumpulan. Selepas penggunaan kaedah perakaunan ekuiti, Kumpulan menggunapakai MFRS 9 Instrumen Kewangan: Pengiktirafan dan Pengukuran untuk menentukan sama ada ianya perlu mengiktiraf sebarang rosotnilai tambahan yang berkaitan dengan pelaburan bersih di dalam syarikat bersekutu atau usahasama. Apabila perlu, seluruh nilai bawaan pelaburan diuji rosotnilai selaras dengan MFRS 9 Rosotnilai Aset-aset sebagai aset tunggal, dengan membandingkan jumlah yang dapat dipulihkan (tertinggi antara nilai yang digunakan dan nilai saksama tolak kos untuk menjual) dengan nilai bawaannya. Sebarang kerugian rosotnilai diiktiraf dalam untung atau rugi. Pembalikan semula kerugian rosotnilai diiktiraf setakat amaun boleh pulih pelaburan seterusnya meningkat. Di dalam penyata kewangan Yayasan yang berasingan, pelaburan dalam syarikatsyarikat bersekutu dan syarikat usahasama dikira pada kos tolak kerugian rosotnilai. Apabila sesuatu pelaburan dilupuskan, perbezaan antara hasil pelupusan bersih dan nilai bawaan diiktiraf dalam untung atau rugi. 2.16 Klasifikasi semasa atau bukan semasa Kumpulan membentangkan aset dan liabiliti dalam penyata kedudukan kewangan berdasarkan klasifikasi semasa / bukan semasa. Aset adalah semasa apabila ianya: - dijangka dapat direalisasikan atau dicadang untuk dijual atau digunakan dalam kitaran operasi biasa; - dipegang terutamanya untuk tujuan diperdagangkan; - dijangka dapat direalisasikan dalam tempoh dua belas bulan selepas tempoh pelaporan; atau - tunai atau tunai setara melainkan diterhadkan kepada pertukaran atau digunakan untuk menyelesaikan tanggungan sekurang-kurangnya dua belas bulan selepas tempoh pelaporan. Semua aset lain diklasifikasikan sebagai bukan semasa. Liabiliti adalah semasa apabila: - ia dijangka diselesaikan dalam kitaran operasi biasa; - ia dipegang terutamanya untuk tujuan diperdagangkan; - ia perlu diselesaikan dalam masa dua belas bulan selepas tempoh pelaporan; atau - tiada hak tanpa syarat untuk menangguhkan penyelesaian tanggungan sekurangkurangnya dua belas bulan selepas tempoh pelaporan. Kumpulan mengklasifikasikan semua liabiliti lain sebagai bukan semasa. Aset dan liabiliti cukai tertunda dikelaskan sebagai aset dan liabiliti bukan semasa. 33
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
2.
2.
Maklumat dasar perakaunan material (sambungan)
Maklumat dasar perakaunan material (sambungan) 2.18 Instrumen kewangan – pengiktirafan awal dan pengukuran seterusnya
2.17 Nilai saksama aset dan liabiliti Kumpulan mengukur instrumen kewangan seperti derivatif pada nilai saksama pada setiap tarikh pelaporan.
Instrumen kewangan adalah sebarang kontrak yang meningkatkan aset kewangan satu entiti dan liabiliti kewangan atau instrumen ekuiti entiti lain.
Nilai saksama adalah harga yang akan diterima untuk menjual aset atau dibayar untuk memindahkan liabiliti dalam urusniaga teratur antara peserta pasaran pada tarikh pengukuran. Pengukuran nilai saksama adalah berdasarkan anggapan bahawa transaksi untuk menjual aset atau pemindahan liabiliti berlaku sama ada:
(i) Aset kewangan
di pasaran utama bagi aset atau liabiliti; atau dalam ketiadaan pasaran utama, dalam pasaran yang paling berfaedah bagi aset atau liabiliti.
Pasaran utama atau pasaran yang paling berfaedah mesti boleh diakses oleh Kumpulan. Nilai saksama sesuatu aset atau liabiliti diukur dengan menggunakan andaian peserta pasaran apabila menentukan harga aset atau liabiliti, dengan mengambilkira bahawa peserta pasaran bertindak dalam kepentingan ekonomi mereka yang terbaik. Pengukuran nilai saksama aset bukan kewangan mengambil kira keupayaan peserta pasaran untuk menjana manfaat ekonomi dengan menggunakan aset itu dalam penggunaannya yang tertinggi dan terbaik atau dengan menjualnya kepada peserta pasaran yang lain yang akan menggunakan aset itu dalam penggunaan yang tertinggi dan terbaik. Kumpulan menggunakan teknik penilaian yang sesuai dalam keadaan dan data yang mencukupi tersedia untuk mengukur nilai saksama, memaksimumkan penggunaan input yang boleh diperhatikan dan meminimumkan penggunaan input yang tidak dapat diperhatikan. Semua aset dan liabiliti di mana nilai saksama diukur atau didedahkan dalam penyata kewangan dikategorikan dalam hierarki nilai saksama, yang digambarkan sebagai berikut, berdasarkan input tahap terendah yang signifikan kepada pengukuran nilai saksama secara keseluruhannya:
Tahap 1 - Harga pasaran disebut harga (tidak diselaraskan) dalam pasaran aktif untuk aset atau liabiliti yang sama;; Tahap 2 - Teknik penilaian yang mana input tahap terendah yang signifikan kepada pengukuran nilai saksama secara langsung atau tidak langsung dapat diperhatikan; Tahap 3 - Teknik penilaian yang mana input tahap terendah yang signifikan kepada pengukuran nilai saksama tidak dapat diperhatikan.
Pengiktirafan dan pengukuran awal Aset kewangan dikelaskan, pada pengiktirafan awal, sebagaimana kemudiannya diukur pada kos pelunasan, nilai saksama melalui pendapatan komprehensif lain ("OCI"), dan nilai saksama melalui untung atau rugi. Pengelasan aset kewangan pada pengiktirafan awal bergantung kepada ciri-ciri aliran tunai kontrak aset kewangan dan model perniagaan Kumpulan untuk menguruskannya. Agar aset kewangan dapat diklasifikasikan dan diukur pada kos yang dilunaskan atau nilai saksama melalui OCI, ia perlu menimbulkan aliran tunai yang merupakan 'pembayaran prinsipal dan faedah sahaja ("SPPI")’ atas jumlah prinsipal yang belum dijelaskan. Penilaian ini dirujuk sebagai ujian SPPI dan dilakukan pada tahap instrumen. Aset kewangan dengan aliran tunai yang bukan SPPI dikelaskan dan diukur pada nilai saksama melalui untung atau rugi, tanpa mengira model perniagaan. Model perniagaan Kumpulan bagi menguruskan aset kewangan merujuk kepada bagaimana ia mengurus aset kewangannya untuk menghasilkan aliran tunai. Model perniagaan menentukan sama ada aliran tunai akan terhasil daripada pengumpulan aliran tunai kontrak, penjualan aset kewangan, atau kedua-duanya. Aset kewangan yang diklasifikasikan dan diukur pada kos dilunaskan dipegang dalam model perniagaan dengan objektif untuk memegang aset kewangan untuk mengumpulkan aliran tunai kontrak sementara aset kewangan yang diklasifikasikan dan diukur pada nilai saksama melalui OCI disimpan dalam model perniagaan dengan objektif keduaduanya memegang untuk mengumpulkan aliran tunai dan penjualan kontrak. Pembelian atau penjualan aset kewangan yang memerlukan penghantaran aset dalam jangka waktu yang ditentukan oleh peraturan atau konvensi di pasaran (perdagangan dengan cara biasa) diiktiraf pada tarikh perdagangan, iaitu, tarikh Syarikat berkomitmen untuk membeli atau menjual aset tersebut.
Bagi aset dan liabiliti yang diiktiraf dalam penyata kewangan pada nilai saksama atas dasar berulang, Kumpulan menentukan sama ada pemindahan telah berlaku di antara peringkat dalam hierarki dengan menilai semula kategori (berdasarkan input tahap terendah yang signifikan kepada pengukuran nilai saksama secara keseluruhan) pada setiap akhir tempoh pelaporan. 34
35
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
2.
2.
Maklumat dasar perakaunan material (sambungan) 2.18 Instrumen kewangan – pengiktirafan awal dan pengukuran seterusnya (sambungan)
Maklumat dasar perakaunan material (sambungan) 2.18 Instrumen kewangan – pengiktirafan awal dan pengukuran seterusnya (sambungan) (i) Aset kewangan (sambungan)
(i) Aset kewangan (sambungan) Pengukuran seterusnya
Pengukuran seterusnya (sambungan)
Bagi tujuan pengukuran seterusnya, aset kewangan diklasifikasikan kepada empat kategori:
Aset kewangan pada nilai saksama melalui untung atau rugi
-
Aset kewangan pada kos dilunaskan (instrumen hutang) Aset kewangan pada nilai saksama melalui OCI dengan kitar semula keuntungan dan kerugian terkumpul (instrumen hutang) Aset kewangan yang ditentukan pada nilai saksama melalui OCI tanpa mengitar semula keuntungan dan kerugian terkumpul semasa penyahiktirafan (instrumen ekuiti) Aset kewangan pada nilai saksama melalui untung atau rugi
Aset kewangan pada kos dilunaskan (instrumen hutang) Aset kewangan pada kos dilunaskan seterusnya diukur menggunakan kaedah kadar faedah efektif ("EIR") dan tertakluk kepada penurunan nilai. Keuntungan dan kerugian diiktiraf di untung atau rugi apabila aset tersebut dinyahiktiraf, diubahsuai atau dirosotnilai. Aset kewangan pada nilai saksama melalui OCI (instrumen hutang) Bagi instrumen hutang pada nilai saksama melalui OCI, pendapatan dan kerugian rosotnilai atau pembalikan faedah diiktiraf di untung atau rugi dan dikira dengan cara yang sama seperti untuk aset kewangan yang diukur pada kos dilunaskan. Baki perubahan nilai saksama adalah diiktiraf di OCI. Setelah penyahiktirafan, perubahan nilai saksama terkumpul yang diiktiraf dalam OCI dikitar semula ke untung atau rugi. Setelah pengiktirafan awal, Kumpulan boleh memilih untuk mengklasifikasikan pelaburan ekuiti yang tidak dapat ditarik balik sebagai instrumen ekuiti yang ditentukan pada nilai saksama melalui OCI apabila memenuhi definisi ekuiti di bawah MFRS 132 Instrumen Kewangan: Pembentangan dan tidak dipegang untuk dijual. Klasifikasi ditentukan berdasarkan instrumen demi instrumen. Keuntungan dan kerugian aset kewangan ini tidak akan dikitar semula ke untung atau rugi. Dividen diiktiraf sebagai pendapatan lain dalam untung atau rugi apabila hak pembayaran telah ditetapkan, kecuali apabila Kumpulan mendapat manfaat dari perolehan tersebut sebagai pemulihan sebahagian daripada kos aset kewangan, dalam hal ini, keuntungan tersebut dicatat dalam OCI. Instrumen ekuiti yang ditentukan pada nilai saksama melalui OCI tidak tertakluk kepada penilaian rosotnilai.
36
Aset kewangan pada nilai saksama melalui untung atau rugi dibawa di penyata kedudukan kewangan pada nilai saksama dengan perubahan bersih dalam nilai saksama diiktiraf dalam untung atau rugi. Kategori ini merangkumi instrumen derivatif dan pelaburan ekuiti tersenarai yang tidak dipilih oleh Kumpulan untuk diklasifikasikan pada nilai saksama melalui OCI. Dividen pelaburan ekuiti yang disenaraikan diiktiraf sebagai pendapatan lain di penyata untung atau rugi apabila hak pembayaran telah ditetapkan. Derivatif terbenam di dalam kontrak hibrid, dengan liabiliti kewangan atau tuan rumah bukan kewangan, dipisahkan dari tuan rumah dan diambil kira sebagai derivatif berasingan jika: ciri dan risiko ekonomi tidak berkait rapat dengan tuan rumah; instrumen berasingan dengan istilah yang sama dengan derivatif terbenam akan memenuhi definisi derivatif; dan kontrak hibrid tidak diukur pada nilai saksama melalui untung atau rugi. Derivatif terbenam diukur pada nilai saksama dengan perubahan nilai saksama diiktiraf di untung atau rugi. Penilaian semula hanya berlaku jika terdapat perubahan dalam terma kontrak yang secara signifikan mengubah aliran tunai yang diperlukan atau pengkelasan semula aset kewangan keluar daripada kategori nilai saksama melalui untung rugi. Penyahiktirafan Aset kewangan (atau, jika berkenaan, sebahagian daripada aset kewangan atau sebahagian daripada sekumpulan aset kewangan yang serupa) dinyahiktiraf (iaitu, dikeluarkan dari penyata kedudukan kewangan Syarikat) apabila: -
Hak menerima aliran tunai dari aset telah tamat tempoh; atau
-
Kumpulan telah memindahkan haknya untuk menerima aliran tunai dari aset atau mengandaikan kewajiban untuk membayar aliran tunai yang diterima sepenuhnya tanpa kelewatan material kepada pihak ketiga di bawah pengaturan 'pass-through'; dan sama ada (a) Kumpulan telah memindahkan secara substansial semua risiko dan ganjaran aset tersebut, atau (b) Kumpulan tidak memindahkan atau mengekalkan secara substansial semua risiko dan ganjaran aset tersebut, tetapi telah memindahkan kawalan aset tersebut.
37
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
2.
2.
Maklumat dasar perakaunan material (sambungan) 2.18 Instrumen kewangan – pengiktirafan awal dan pengukuran seterusnya (sambungan) (i) Aset kewangan (sambungan)
Maklumat dasar perakaunan material (sambungan) 2.18 Instrumen kewangan – pengiktirafan awal dan pengukuran seterusnya (sambungan) (i) Aset kewangan (sambungan)
Penyahiktirafan (sambungan)
Rosotnilai (sambungan)
Apabila Kumpulan telah memindahkan haknya untuk menerima aliran tunai dari aset atau telah melakukan pengaturan pass-through, ia menilai jika, dan sejauh mana, ia telah mengekalkan risiko dan manfaat pemilikan. Apabila ia tidak memindahkan atau mengekalkan secara substansial semua risiko dan ganjaran aset tersebut, atau tidak memindahkan kawalan aset tersebut, Kumpulan terus mengiktiraf aset yang dipindahkan setakat penglibatannya secara berterusan. Dalam kes tersebut, Kumpulan juga mengiktiraf liabiliti yang berkaitan. Aset yang dipindahkan dan liabiliti berkaitan diukur berdasarkan asas yang menggambarkan hak dan tanggungjawab yang telah dikekalkan oleh Kumpulan.
Aset kewangan dihapuskira apabila tiada jangkaan yang munasabah untuk memulihkan aliran tunai berkontrak.
Penglibatan berterusan yang berbentuk jaminan atas aset yang dipindahkan diukur pada amaun terendah antara nilai bawaan asal aset dan jumlah pertimbangan maksimum yang mungkin perlu dibayar balik oleh Kumpulan. Rosotnilai
(ii) Liabiliti kewangan Pengiktirafan dan pengukuran awal Liabiliti kewangan diklasifikasikan, pada pengiktirafan awal, sebagai liabiliti kewangan pada nilai saksama melalui untung atau rugi, pinjaman dan pembiayaan, belum bayar, atau sebagai derivatif yang ditetapkan sebagai instrumen lindung nilai dalam lindung nilai yang berkesan, yang bersesuaian. Semua liabiliti kewangan pada awalnya diiktiraf pada nilai saksama dan, dalam hal pinjaman dan pembiayaan dan belum bayar, ditolak kos transaksi yang dapat diagihkan secara langsung.
Kumpulan mengiktiraf elaun atas kerugian kredit yang dijangka ("ECL") untuk semua instrumen hutang yang dibawa pada kos dilunaskan dan nilai saksama melalui OCI, aset kontrak dan penghutang pajakan. ECL adalah berdasarkan perbezaan antara aliran tunai berkontrak yang tamat mengikut kontrak dan semua aliran tunai yang dijangka diterima, didiskaunkan pada kadar faedah efektif asal ("EIR"). Jangkaan aliran tunai akan merangkumi aliran tunai daripada penjualan cagaran yang dipegang atau penambahbaikkan kredit lain yang penting kepada terma-terma kontrak.
Liabiliti kewangan Kumpulan merangkumi belum bayar dagangan dan lain-lain, pinjaman dan pembiayaan termasuk overdraf bank, dan instrumen kewangan derivatif.
ECL diiktiraf dalam dua peringkat. Untuk pendedahan kredit yang mana tidak terdapat peningkatan risiko kredit yang signifikan sejak pengiktirafan awal, ECL disediakan untuk kerugian kredit yang disebabkan oleh kemungkinan peristiwa gagal dalam tempoh 12 bulan akan datang (ECL 12 bulan). Bagi pendedahan kredit yang terdapat kenaikan risiko kredit yang signifikan sejak pengiktirafan awal, elaun kerugian diperlukan untuk kerugian kredit yang dijangkakan sepanjang baki hayat pendedahan, tanpa mengira masa kegagalan (ECL seumur hidup).
-
Bagi penghutang perdagangan, pendekatan mudah digunakan dalam pengiraan ECL. Oleh itu, risiko kredit tidak dikesan, tetapi sebaliknya mengiktiraf elaun kerugian berdasarkan ECL seumur hidup pada setiap tarikh pelaporan. Satu matriks peruntukan ditubuhkan dengan berdasarkan kepada sejarah pengalaman kerugian kredit, diselaraskan untuk faktor yang berpandangan ke hadapan khusus kepada penghutang dan persekitaran ekonomi.
38
Pengukuran seterusnya Bagi tujuan pengukuran seterusnya, liabiliti kewangan diklasifikasikan kepada 2 kategori: Liabiliti kewangan pada nilai saksama melalui untung atau rugi Liabiliti kewangan pada kos dilunaskan
Liabiliti kewangan pada nilai saksama melalui untung atau rugi Liabiliti kewangan pada nilai saksama melalui untung atau rugi termasuk liabiliti kewangan yang dipegang untuk dagangan dan liabiliti kewangan yang ditetapkan pada pengiktirafan awal pada nilai saksama melalui untung atau rugi. Liabiliti kewangan diklasifikasikan sebagai dipegang untuk dagangan sekiranya ia diperoleh untuk tujuan membeli semula dalam tempoh terdekat. Kategori ini juga merangkumi instrumen kewangan derivatif yang dimasuki oleh Kumpulan yang tidak ditetapkan sebagai instrumen lindung nilai dalam hubungan lindung nilai seperti yang ditentukan oleh MFRS 9. Derivatif terbenam yang diasingkan juga diklasifikasikan sebagai dipegang untuk dagangan melainkan ditetapkan sebagai instrumen lindung nilai yang berkesan. 39
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
2.
2.
Maklumat dasar perakaunan material (sambungan) 2.18 Instrumen kewangan – pengiktirafan awal dan pengukuran seterusnya (sambungan) (ii) Liabiliti kewangan (sambungan)
Maklumat dasar perakaunan material (sambungan) 2.18 Instrumen kewangan – pengiktirafan awal dan pengukuran seterusnya (sambungan) (iii) Pengimbangan Aset kewangan dan liabiliti kewangan diimbangi dan jumlah bersih dilaporkan dalam penyata kedudukan kewangan jika terdapat hak undang-undang semasa yang boleh dikuatkuasakan untuk mengimbangi amaun yang diiktiraf dan terdapat niat untuk menyelesaikan secara asas bersih, untuk merealisasikan aset dan menyelesaikan liabiliti secara serentak.
Liabiliti kewangan pada nilai saksama melalui untung atau rugi (sambungan) Keuntungan atau kerugian liabiliti yang dipegang untuk dagangan diiktiraf dalam Penyata Untung Rugi. Liabiliti kewangan yang ditentukan semasa pengiktirafan awal pada nilai saksama melalui untung atau rugi ditetapkan pada tarikh awal pengiktirafan, dan hanya jika kriteria dalam MFRS 9 dipenuhi. Kumpulan tidak menetapkan sebarang liabiliti kewangan pada nilai saksama melalui untung atau rugi. Liabiliti kewangan pada kos dilunaskan Ini adalah kategori yang paling berkaitan dengan Kumpulan. Setelah pengiktirafan awal, pinjaman dan pembiayaan berfaedah seterusnya diukur pada kos dilunaskan menggunakan kaedah EIR. Keuntungan dan kerugian diiktiraf di untung atau rugi apabila liabiliti dinyahiktiraf serta melalui proses pelunasan EIR. Kos dilunaskan dikira dengan mengambilkira sebarang potongan atau premium semasa perolehan dan yuran atau kos yang merupakan bahagian asas EIR. Pelunasan EIR dimasukkan sebagai kos kewangan di Penyata Untung Rugi. Penyahiktirafan Liabiliti kewangan dinyahiktiraf apabila obligasi di bawah liabiliti tersebut dilunaskan atau dibatalkan atau tamat tempoh. Apabila liabiliti kewangan sedia ada diganti dengan yang lain dari pemberi pinjaman yang sama dengan syarat yang sangat berbeza, atau terma liabiliti sedia ada diubah secara substansial, pertukaran atau pengubahsuaian tersebut dianggap sebagai penyahiktiraf liabiliti asal dan pengiktirafan liabiliti baru. Perbezaan dalam jumlah bawaan masing-masing diiktiraf di untung atau rugi.
2.19 Tunai dan kesetaraan tunai Tunai dan kesetaraan tunai terdiri daripada tunai di bank dan dalam tangan, deposit permintaan dan pelaburan jangka pendek berkecairan tinggi yang sedia untuk ditukar kepada jumlah tunai yang diketahui dan tertakluk kepada risiko perubahan nilai yang tidak ketara. Ini juga termasuk overdraf bank yang membentuk sebahagian daripada pengurusan tunai Kumpulan. 2.20 Inventori Inventori dinyatakan pada yang nilai terendah antara kos dan nilai boleh direalisasi bersih. Kos dalam membawa inventori ke lokasi dan keadaan semasanya akan diambilkira seperti berikut: -
Bahan mentah dan bahan kegunaan: kos pembelian atas asas kos purata berwajaran.
-
Barang siap dan kerja dalam pelaksanaan: kos bahan langsung dan buruh dan sebahagian overhead pengeluaran berasaskan kapasiti operasi biasa. Kos ini diperuntukkan pada asas kos purata berwajaran.
Jika perlu, peruntukan disediakan untuk item yang rosak, usang dan lambat terjual untuk menyelaraskan nilai bawaan inventori kepada yang terendah antara kos dan nilai boleh direalisasi bersih. Nilai boleh direalisasikan bersih adalah anggaran harga jualan dalam perjalanan biasa perniagaan ditolak anggaran kos penyempurnaan dan anggaran kos jualan yang perlu.
40
41
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
2.
2.
Maklumat dasar perakaunan material (sambungan) 2.21 Peruntukan-peruntukan
Maklumat dasar perakaunan material (sambungan) 2.23 Kontrak jaminan kewangan
Peruntukan diiktiraf apabila Kumpulan mempunyai obligasi semasa (undang-undang atau konstruktif) akibat kejadian yang lepas, dan ianya berkemungkinan bahawa aliran keluar sumber ekonomi diperlukan untuk menyelesaikan obligasi tersebut dan jumlah anggaran obligasi dipercayai.
Kontrak jaminan kewangan adalah kontrak yang memerlukan pemberi jaminan membuat bayaran tertentu untuk membayar balik kepada pemegang bagi kerugian yang timbul akibat penghutang tertentu gagal membuat pembayaran apabila ianya tamat tempoh.
Peruntukan dikaji pada setiap tarikh laporan dan diselaraskan untuk menunjukkan anggaran semasa yang terbaik. Jika ianya tidak lagi berkemungkinan bahawa aliran keluar sumber ekonomi akan diperlukan untuk menyelesaikan obligasi tersebut, peruntukan akan dibalikkan. Jika kesan nilai masa wang adalah ketara, peruntukan didiskaunkan dengan menggunakan kadar pra cukai semasa yang menggambarkan, di mana perlu, risiko khusus kepada liabiliti itu. Apabila diskaun digunakan, peningkatan peruntukan disebabkan peredaran masa diiktiraf sebagai kos kewangan.
Jaminan kewangan yang dikeluarkan pada awalnya diukur pada nilai saksama, selepas kos transaksi. Selanjutnya, ianya diukur pada tahap yang lebih tinggi dari jumlah elaun kerugian; dan amaun awalnya diiktiraf kurang, apabila bersesuaian, jumlah pendapatan kumulatif diiktiraf menurut MFRS 15.
Peruntukan bagi pemulihan hutan Kos pemulihan hutan akan ditanggung oleh Kumpulan sama ada ketika operasi, atau di penghujung usia operasi, bagi konsesi pembalakan Kumpulan. Kumpulan mengiktiraf peruntukan pemulihan di mana ia mempunyai obligasi undang-undang dan konstruktif, dan anggaran dipercayai boleh dibuat ke atas amaun obligasi. Obligasi biasanya timbul apabila kayu diekstrak daripada kawasan konsesi pembalakan. Obligasi pemulihan yang timbul melalui pembalakan kayu diiktiraf dalam untung atau rugi sebagai pengekstrakan berkembang. Perubahan dalam anggaran masa pemulihan atau perubahan anggaran kos pada masa hadapan diambilkira secara prospektif dengan mengiktiraf pelarasan kepada liabiliti pemulihan dan perbelanjaan yang berkaitan dalam untung atau rugi. 2.22 Geran Kerajaan Geran Kerajaan diiktiraf apabila terdapat jaminan munasabah bahawa geran tersebut akan diterima dan semua syarat-syarat yang disertakan akan dipatuhi. Apabila geran adalah berkaitan dengan sesuatu aset, nilai saksama akan ditunjukkan dengan menolak geran yang diperolehi pada nilai bawaan aset tersebut.
2.24 Kos pembiayaan Kos pembiayaan dipermodalkan sebagai sebahagian daripada kos aset yang layak jika mereka menyumbang secara langsung kepada pengambilalihan, pembinaan atau pengeluaran aset tersebut. Permodalan kos pembiayaan bermula apabila aktiviti untuk menyediakan aset bagi kegunaan dijangka atau jualan dalam kemajuan dan perbelanjaan dan kos pembiayaan berlaku. Kos pembiayaan dipermodalkan sehingga aset tersebut hampir selesai digunakan atau dijual. Semua kos pembiayaan lain diiktiraf dalam untung atau rugi dalam tempoh ianya berlaku. Kos pembiayaan terdiri daripada faedah dan kos lain yang ditanggung Kumpulan dan Yayasan berhubung dengan pinjaman dana. 2.25 Manfaat pekerja (a) Pelan caruman ditentukan Kumpulan turut serta dalam skim pencen nasional yang ditetapkan oleh undangundang negara di mana ia beroperasi. Syarikat-syarikat Malaysia dalam Kumpulan membuat caruman untuk Kumpulan Wang Simpanan Pekerja ("KWSP") di Malaysia, sebuah skim pencen caruman ditentukan. Sumbangan kepada skim pencen caruman ditentukan diiktiraf sebagai belanja di dalam tempoh perkhidmatan berkenaan dilakukan.
Geran Kerajaan berkaitan dengan pendapatan perlu diiktiraf dalam untung atau rugi secara asas sistematik sepanjang tempoh yang mana entiti mengiktiraf kos berkaitan sebagai perbelanjaan bagi geran gantian yang dijangka.
42
43
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
2.
2.
Maklumat dasar perakaunan material (sambungan)
Maklumat dasar perakaunan material (sambungan) 2.25 Manfaat pekerja (sambungan)
2.25 Manfaat pekerja (sambungan)
(c) Pelan manfaat ditentukan (sambungan)
(b) Pelan opsyen saham pekerja Pekerja daripada Kumpulan menerima imbuhan berupa opsyen saham sebagai balasan bagi perkhidmatan yang diberikan. Kos urusniaga penyelesaian ekuiti dengan pekerja diukur dengan merujuk kepada nilai saksama opsyen pada tarikh opsyen diberikan. Kos ini diiktiraf dalam untung atau rugi, dengan peningkatan berkaitan dalam rizab opsyen saham pekerja sepanjang tempoh letak hak. Perbelanjaan terkumpul yang diiktiraf pada setiap tarikh pelaporan sehingga tarikh letak hak menggambarkan setakat mana tempoh letak hak telah luput dan anggaran terbaik Kumpulan atas bilangan opsyen yang akhirnya akan diletak hak. Caj atau kredit ke untung atau rugi bagi tempoh yang mewakili pergerakan di dalam perbelanjaan terkumpul diiktiraf pada awal dan akhir tempoh tersebut. Tiada belanja diiktiraf untuk opsyen yang akhirnya tidak diletak hak, kecuali opsyen di mana letak hak adalah bersyarat tertakluk kepada pasaran atau keadaan letak hak, yang dianggap sebagai hak tanpa mengira sama ada atau tiada pasaran atau keadaan letak hak dipenuhi, dengan syarat semua syarat-syarat prestasi dan/atau perkhidmatan lain dipenuhi. Rizab opsyen syer pekerja dipindahkan ke keuntungan terkumpul selepas tamat opsyen saham. Apabila opsyen dilaksanakan, rizab opsyen syer pekerja dipindahkan kepada modal saham jika saham-saham baru dikeluarkan, atau kepada saham-saham perbendaharaan sekiranya opsyen dipenuhi dengan pengeluaran semula saham-saham perbendaharaan. (c) Pelan manfaat ditentukan Aset atau liabiliti bersih manfaat ditentukan adalah agregat nilai semasa obligasi manfaat ditentukan (diperolehi menggunakan kadar diskaun berdasarkan bon korporat berkualiti tinggi) pada tarikh laporan yang dikurangkan oleh nilai saksama pelan aset (jika ada), diselaraskan dengan sebarang kesan had aset bersih manfaat ditentukan atas siling aset. Siling aset adalah nilai semasa mana-mana manfaat ekonomi yang tersedia dalam bentuk bayaran balik daripada pelan atau pengurangan dalam pelan sumbangan masa hadapan. Kos menyediakan manfaat di bawah pelan manfaat ditentukan adalah ditentukan secara berasingan bagi setiap pelan menggunakan kaedah kredit unit diunjurkan. Kos manfaat ditentukan meliputi perkara-perkara berikut: - Kos perkhidmatan - Faedah bersih atas aset atau liabiliti bersih manfaat ditentukan - Pengukuran semula aset atau liabiliti bersih manfaat ditentukan
44
Kos perkhidmatan yang merangkumi kos perkhidmatan semasa, kos perkhidmatan lalu dan keuntungan atau kerugian ke atas penyelesaian bukan rutin akan diiktiraf sebagai perbelanjaan dalam untung atau rugi. Kos perkhidmatan lalu diiktiraf apabila berlaku pindaan atau penyingkatan pelan. Faedah bersih atas aset atau liabiliti bersih manfaat ditentukan ialah perubahan sepanjang tempoh aset atau liabiliti bersih manfaat ditentukan yang timbul daripada jangka masa yang ditentukan dengan menggunakan kadar diskaun berasaskan bonbon korporat berkualiti tinggi kepada aset atau liabiliti bersih manfaat ditentukan. Faedah bersih atas aset atau liabiliti bersih manfaat ditentukan akan diiktiraf sebagai perbelanjaan atau pendapatan dalam untung atau rugi. Pengukuran semula terdiri daripada keuntungan atau kerugian aktuari, pulangan ke atas aset-aset pelan dan apa-apa perubahan kesan daripada siling aset (tidak termasuk faedah bersih atas liabiliti manfaat ditentukan) akan diiktiraf serta merta dalam pendapatan komprehensif lain-lain dalam tempoh ianya berlaku. Pengukuran semula akan diiktiraf dalam keuntungan terkumpul di dalam ekuiti dan tidak akan dikelaskan semula ke untung atau rugi dalam tempoh-tempoh berikutnya. Aset pelan adalah aset yang dipegang oleh dana manfaat pekerja jangka panjang atau polisi-polisi insurans yang layak. Aset-aset pelan tidak disediakan kepada pemiutang-pemiutang Kumpulan, atau tidak boleh mereka dibayar terus kepada Kumpulan. Nilai saksama pelan aset adalah berdasarkan kepada maklumat harga pasaran. Apabila harga pasaran tidak boleh diperolehi, nilai saksama pelan aset dianggarkan dengan mendiskaunkan jangkaan aliran tunai masa depan menggunakan kadar diskaun yang menggambarkan kedua-dua risiko yang berkaitan dengan aset pelan dan tarikh kematangan atau jangkaan pelupusan aset tersebut (atau, jika ianya tiada tempoh matang, tempoh jangkaan sehingga penyelesaian obligasi berkaitan). Hak Kumpulan untuk dibayar semula bagi sebahagian atau semua perbelanjaan yang diperlukan untuk menyelesaikan obligasi manfaat ditentukan diiktiraf sebagai aset berasingan pada nilai saksama apabila, dan hanya bila, pembayaran semula adalah pasti. (d) Kelayakan cuti pekerja Hak pekerja untuk cuti tahunan diiktiraf sebagai liabiliti apabila cuti tahunan terakru kepada pekerja. Liabiliti tidak terdiskaun untuk cuti yang dijangka diselesaikan sepenuhnya sebelum dua belas bulan selepas tarikh pelaporan diiktiraf sebagai perkhidmatan yang diberikan oleh pekerja sehingga tarikh pelaporan. Liabiliti untuk cuti yang dijangka diselesaikan melebihi dua belas bulan dari tarikh pelaporan jika ditentukan dengan menggunakan kaedah kredit unit yang diunjurkan. Jumlah keseluruhan kos perkhidmatan, faedah bersih ke atas liabiliti dan pengukuran semula liabiliti diiktiraf dalam untung atau rugi. 45
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
2.
2.
Maklumat dasar perakaunan material (sambungan) 2.25 Manfaat pekerja (sambungan)
Maklumat dasar perakaunan material (sambungan) 2.27 Hasil (sambungan)
(e) Manfaat penamatan
Pendapatan dari kontrak dengan pelanggan
Manfaat penamatan perlu dibayar apabila penggajian ditamatkan sebelum tarikh persaraan yang lazim atau apabila seseorang pekerja menerima pemberhentian secara sukarela sebagai pertukaran untuk manfaat ini. Kumpulan mengiktiraf manfaat penamatan apabila ianya menunjukkan komited sama ada menamatkan penggajian pekerja mengikut pelan terperinci tanpa kemungkinan penarikan diri; atau menyediakan manfaat penamatan dengan tawaran menggalakkan pemberhentian secara sukarela. Apabila tawaran dibuat untuk menggalakkan pemberhentian secara sukarela, pengiraan manfaat penamatan adalah berdasarkan bilangan pekerja yang dianggarkan akan menerima tawaran tersebut. Manfaat yang perlu dibayar melebihi 12 bulan selepas tarikh pelaporan akan didiskaunkan kepada nilai semasa.
(a) Penjualan barangan Hasil daripada jualan barangan diiktiraf pada masa kawalan aset dipindahkan kepada pelanggan, secara umumnya apabila barang diserah. (b) Pemberian perkhidmatan Hasil dari pemberian perkhidmatan diiktiraf pada masa perkhidmatan diberikan. (c) Yuran pengurusan Yuran pengurusan diiktiraf pada masa perkhidmatan diberikan.
2.26 Dana rizab perladangan Kumpulan menganggap lebihan bersih daripada jualan kayu log yang diekstrak, dalam perjalanan pembangunan kawasan konsesi subsidiari ke dalam ladang dan ladang kelapa sawit sebagai jumlah modal yang diterima untuk mengurangkan perbelanjaan modal selanjutnya dalam membangunkan pokok dan ladang kelapa sawit. Lebihan tersebut dikreditkan ke dana rizab perladangan dan digunakan untuk mengimbangi perbelanjaan tanam pokok dan kelapa sawit. Semua perbelanjaan langsung yang ditanggung oleh anak syarikat dalam penyediaan tanah, penanaman, pentadbiran harta tanah dan penyelenggaraan sehingga ladang dan ladang kelapa sawit matang adalah dipermodalkan dan diimbangi dengan dana rizab perladangan.
(d) Pendapatan kontrak Pendapatan dari kontrak diiktiraf dari masa ke semasa dan diambil kira mengikut kaedah peringkat penyiapan. Peringkat penyiapan diukur dengan merujuk kepada kos kontrak untuk memenuhi obligasi prestasi yang dicapai sehingga hujung tempoh pelaporan sebagai peratusan jangkaan jumlah kos yang terlibat dibawah kontrak, iaitu dasar ukuran berdasarkan kepada MFRS 15. Hasil lain (a) Pendapatan faedah Pendapatan faedah diiktiraf menggunakan kaedah faedah efektif.
2.27 Hasil Hasil diukur berdasarkan pertimbangan yang dijangkakan Kumpulan berhak dalam pertukaran untuk memindahkan barangan atau perkhidmatan yang dijanjikan kepada pelanggan, tidak termasuk jumlah yang dikutip bagi pihak-pihak ketiga. Hasil diiktiraf apabila Kumpulan memenuhi tanggungjawab prestasi dengan memindahkan suatu barang atau perkhidmatan yang dijanjikan kepada pelanggan, yang mana pelanggan memperoleh kawalan terhadap barang atau perkhidmatan tersebut. Tanggungjawab prestasi mungkin dapat dipenuhi pada suatu titik masa atau dari semasa ke semasa. Jumlah hasil yang diiktiraf adalah amaun yang diperuntukkan untuk memenuhi tanggungjawab prestasi tersebut.
46
(b) Pendapatan dividen Pendapatan dividen diiktiraf apabila hak Kumpulan untuk menerima pembayaran telah wujud. (c) Pendapatan sewa Pendapatan sewa dari hartanah pelaburan diambilkira berdasarkan asas garis lurus atas tempoh pajakan.
47
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
2.
2.
Maklumat dasar perakaunan material (sambungan) 2.28 Cukai (a) Cukai pendapatan semasa Aset dan liabiliti cukai pendapatan semasa untuk tempoh semasa dan sebelumnya diukur pada amaun yang dijangka pulih dari atau dibayar kepada pihak berkuasa percukaian. Kadar cukai dan undang-undang cukai yang digunakan untuk mengira jumlah tersebut adalah yang digubal atau digubal secara ketara pada tarikh pelaporan. Cukai pendapatan semasa diiktiraf dalam untung atau rugi kecuali apabila cukai berkaitan dengan perkara yang diiktiraf di luar keuntungan atau kerugian, sama ada dalam pendapatan komprehensif lain atau secara langsung dalam ekuiti. Pengurusan secara berkala menilai kedudukan yang diambil dalam penyata cukai berkenaan dengan situasi di mana peraturan cukai yang dikenakan tertakluk kepada tafsiran dan penetapan peruntukan apabila bersesuaian. (b) Cukai tertunda Cukai tertunda diperuntukkan menggunakan kaedah liabiliti atas perbezaan sementara pada tarikh pelaporan di antara asas cukai dan nilai bawaan aset dan liabiliti untuk tujuan pelaporan kewangan. Liabiliti cukai tertunda mengiktiraf semua perbezaan sementara, kecuali: - apabila liabiliti cukai tertunda timbul daripada pengiktirafan permulaan bagi muhibah atau aset atau liabiliti dalam urus niaga yang bukan gabungan perniagaan dan, pada masa urusniaga, tidak memberi kesan keuntungan perakaunan atau keuntungan atau kerugian boleh cukai; dan - berkaitan dengan perbezaan sementara yang boleh dikenakan cukai yang melibatkan pelaburan dalam syarikat subsidiari, syarikat bersekutu dan kepentingan dalam usahasama, di mana masa pembalikan perbezaan sementara boleh dikawal dan kemungkinan perbezaan sementara tidak akan berbalik pada masa depan yang dijangka. Aset cukai tertunda diiktiraf bagi semua perbezaan sementara yang boleh ditolak, menguruskan kredit cukai yang tidak digunakan dan kerugian cukai yang tidak digunakan, sehingga kemungkinan keuntungan boleh dicukai akan tersedia di mana perbezaan sementara yang boleh ditolak dan pengaliran kredit cukai yang belum digunakan dan kerugian cukai yang tidak digunakan boleh digunakan kecuali: - di mana aset cukai tertunda berkaitan dengan perbezaan sementara yang boleh ditolak timbul dari pengiktirafan permulaan sesuatu aset atau liabiliti dalam urusniaga yang bukan gabungan perniagaan dan, pada masa urus niaga, tidak mempengaruhi keuntungan perakaunan atau keuntungan atau kerugian boleh cukai; dan - berkenaan dengan perbezaan sementara boleh ditolak yang berkaitan dengan pelaburan dalam anak syarikat, syarikat bersekutu dan kepentingan dalam usahasama, aset cukai tertunda diiktiraf hanya setakat kemungkinan perbezaan sementara akan berbalik pada masa hadapan dan keuntungan boleh cukai yang boleh didapati perbezaan sementara boleh digunakan. 48
Maklumat dasar perakaunan material (sambungan) 2.28 Cukai (sambungan) (b) Cukai tertunda (sambungan) Amaun dibawa bagi aset cukai tertunda dikaji semula pada setiap tarikh pelaporan dan dikurangkan setakat yang tidak lagi mungkin keuntungan boleh dicukai yang mencukupi akan tersedia untuk membolehkan semua atau sebahagian daripada aset cukai tertunda digunakan. Aset cukai tertunda yang tidak diiktiraf dinilai semula pada setiap tarikh pelaporan dan diiktiraf setakat mana ia menjadi kemungkinan keuntungan boleh dicukai pada masa hadapan akan membolehkan aset cukai tertunda dipulihkan. Aset dan liabiliti cukai tertunda diukur pada kadar cukai yang dijangka akan terpakai pada tahun apabila aset direalisasikan atau liabiliti diselesaikan, berdasarkan kadar cukai (dan undang-undang cukai) yang telah digubal atau digubal secara ketara pada tarikh pelaporan. Cukai tertunda yang berkaitan dengan item diiktiraf di luar untung atau rugi. Item cukai tertunda diiktiraf dalam hubungan dengan urusniaga yang mendasari sama ada dalam pendapatan komprehensif lain atau langsung dalam ekuiti dan cukai tertunda yang timbul daripada gabungan perniagaan diselaraskan terhadap muhibah atas pemerolehan. Aset cukai tertunda dan liabiliti cukai tertunda diimbangi, jika terdapat hak yang boleh dikuatkuasakan secara sah untuk mengasingkan aset cukai semasa terhadap liabiliti cukai semasa dan cukai tertunda berkaitan dengan entiti kena cukai yang sama dan pihak berkuasa percukaian yang sama. 2.29 Biasiswa dan geran Biasiswa dan geran dikira pada asas akruan. 2.30 Pelaporan segmen Bagi tujuan pengurusan, Kumpulan di susun kepada segmen operasi berdasarkan produk dan perkhidmatan masing-masing di mana mereka diuruskan secara bebas oleh pengurus segmen masing-masing yang bertanggungjawab bagi segmen masing-masing di bawah seliaan. Para pengurus segmen melaporkan secara langsung kepada pengurusan Kumpulan yang menyemak dengan kerap hasil segmen bagi peruntukan sumber kepada segmen dan penilaian prestasi segmen. Pendedahan tambahan pada setiap segmen ini dinyatakan dalam Nota 42, termasuk faktor yang digunakan untuk mengenalpasti segmen yang boleh dilaporkan dan asas pengukuran maklumat segmen.
49
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
2.
3.
Maklumat dasar perakaunan material (sambungan) 2.31 Modal saham dan perbelanjaan terbitan saham Instrumen ekuiti adalah sebarang kontrak yang membuktikan kepentingan sisa dalam aset Kumpulan dan Yayasan selepas ditolak semua liabiliti. Saham biasa adalah instrumen ekuiti. Saham biasa dicatatkan pada hasil yang diterima, selepas kos urusniaga tambahan yang boleh diagihkan secara langsung. Saham biasa diklasifikasikan sebagai ekuiti. Dividen ke atas saham biasa diiktiraf dalam ekuiti dalam tempoh di mana ia diisytiharkan. 2.32 Liabiliti luar jangka Liabiliti luar jangka adalah:
Penilaian dan anggaran perakaunan penting Penyediaan penyata kewangan Kumpulan memerlukan pihak pengurusan untuk membuat pertimbangan, anggaran dan andaian yang mempengaruhi jumlah pendapatan, perbelanjaan, aset dan liabiliti yang dilaporkan, dan pendedahan liabiliti luar jangka pada tarikh pelaporan. Ketidakpastian tentang andaian dan anggaran ini boleh menyebabkan hasil yang mungkin memerlukan penyesuaian material kepada jumlah dibawa aset atau liabiliti yang terjejas pada masa hadapan. 3.1 Pertimbangan yang dibuat dalam menggunapakai dasar perakaunan Tidak ada pertimbangan kritikal yang dibuat oleh pihak pengurusan dalam proses menggunapakai polisi perakaunan Kumpulan mengenai jumlah yang diiktiraf dalam penyata kewangan. 3.2 Sumber utama ketidakpastian anggaran
a) kemungkinan obligasi yang timbul dari peristiwa lalu dan kewujudannya disahkan hanya oleh kejadian atau tidak berlakunya satu atau lebih peristiwa masa depan yang tidak pasti yang tidak sepenuhnya dikawal oleh Kumpulan; atau
(i) tidak mungkin bahawa aliran keluar sumber yang merangkumi manfaat ekonomi diperlukan untuk menyelesaikan obligasi; atau
Andaian utama mengenai masa depan dan lain-lain sumber utama ketidakpastian anggaran pada akhir tempoh pelaporan dibincangkan di bawah Kumpulan berdasarkan andaian dan anggaran mengenai parameter yang tersedia apabila penyata kewangan disediakan. Walau bagaimanapun keadaan dan andaian tentang perkembangan masa depan mungkin berubah disebabkan oleh perubahan pasaran atau keadaan yang timbul di luar kawalan Kumpulan. Perubahan sedemikian ditunjukkan dalam andaian apabila ia berlaku.
(ii) jumlah obligasi tidak boleh diukur dengan kebolehpercayaan yang mencukupi.
(a) Peruntukan bagi pemulihan
b) obligasi semasa yang timbul dari peristiwa lepas tetapi tidak diiktiraf kerana:
Aset luar jangka adalah aset yang mungkin timbul dari peristiwa lalu dan kewujudannya disahkan hanya oleh kejadian atau tidak berlakunya satu atau lebih peristiwa masa depan yang tidak pasti yang tidak sepenuhnya dikawal oleh Kumpulan. Liabiliti dan aset luar jangka tidak diiktiraf dalam penyata kedudukan kewangan Kumpulan dan Yayasan.
Kos pemulihan muktamad tidak menentu, dan anggaran kos boleh berbeza-beza sebagai tindak balas kepada banyak faktor, termasuk anggaran tahap dan kos aktiviti pemulihan, perubahan teknologi, perubahan peraturan, peningkatan kos berbanding dengan kadar inflasi, dan perubahan kadar diskaun. Ketidaktentuan ini mungkin mengakibatkan masa depan yang berbeza daripada amaun yang ada sekarang. Oleh itu, anggaran dan anggapan penting dibuat dalam menentukan peruntukan pemulihan hutan. Akibatnya, terdapat pelarasan yang ketara terhadap peruntukan yang ditetapkan yang menjejaskan keputusan kewangan masa depan. Peruntukan pada tarikh pelaporan mewakili anggaran terbaik pengurusan nilai semasa kos pemulihan masa depan yang diperlukan. (b) Rosotnilai muhibah Muhibah diuji untuk kemerosotan setiap tahun dan pada masa-masa lain apabila penunjuk tersebut wujud. Ini memerlukan anggaran nilai penggunaan unit penjanaan tunai di mana muhibah diperuntukkan. Apabila pengiraan nilai digunakan, pengurusan mesti menganggarkan aliran tunai masa hadapan yang dijangka daripada aset atau unit penjanaan tunai dan memilih kadar diskaun yang sesuai untuk mengira nilai semasa aliran tunai tersebut.
50
51
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
3.
3.
Penilaian dan anggaran perakaunan penting (sambungan)
3.2 Sumber utama ketidakpastian anggaran (sambungan)
3.2 Sumber utama ketidakpastian anggaran (sambungan)
(e) Aset cukai tertunda
(c) Peruntukan bagi jangkaan kerugian kredit akaun terimaan dagangan
Aset cukai tertunda diiktiraf bagi semua kerugian cukai belum guna setakat kemungkinan keuntungan boleh cukai wujud bagi kerugian boleh guna. Pertimbangan penting pihak pengurusan diperlukan untuk menentukan jumlah aset cukai tertunda yang boleh diiktiraf, berdasarkan kemungkinan masa dan tahap keuntungan boleh cukai masa hadapan bersama dengan strategi perancangan cukai masa hadapan.
Kumpulan menggunakan pendekatan mudah, yang menggunakan ECL seumur hidup, untuk mengukur ECL bagi semua penghutang perdagangan secara individu. Kumpulan mengiktiraf peruntukan kerugian berdasarkan ECL seumur hidup pada setiap tarikh pelaporan, dianggarkan berdasarkan sejarah pengalaman kehilangan kredit, disesuaikan dengan faktor melihat ke hadapan yang khusus untuk penghutang dan persekitaran ekonomi.
Andaian mengenai penjanaan keuntungan bercukai masa depan bergantung kepada anggaran pengurusan aliran tunai masa hadapan. Ini bergantung kepada anggaran pengeluaran dan jumlah jualan masa depan, kos operasi, perbelanjaan modal, dividen dan transaksi pengurusan modal lain. Pertimbangan juga diperlukan mengenai penggunaan undang-undang cukai pendapatan. Pertimbangan dan andaian ini tertakluk kepada risiko dan ketidakpastian, oleh itu terdapat kemungkinan perubahan dalam keadaan akan mengubah jangkaan, yang mungkin memberi kesan kepada jumlah aset cukai tertunda yang diiktiraf dalam penyata kedudukan kewangan dan jumlah kerugian cukai yang tidak diiktiraf dan perbezaan sementara yang tidak diiktiraf.
Nilai bawaan akaun terimaan dagangan pada 31 Disember 2023 adalah seperti didedahkan di Nota 24. (d) Pelan manfaat ditentukan Liabiliti manfaat ditentukan pekerja Kos pelan manfaat ditentukan serta nilai semasa obligasi pencen ditentukan menggunakan penilaian aktuari. Penilaian aktuari melibatkan pelbagai anggapan yang mungkin berbeza daripada perkembangan sebenar pada masa hadapan. Ini termasuk penentuan kadar diskaun, jangkaan kadar pulangan aset, kenaikan gaji masa depan, kadar kematian dan kenaikan faedah masa hadapan. Oleh kerana kerumitan yang terlibat dalam penilaian dan sifat jangka panjangnya, obligasi manfaat adalah sangat sensitif kepada perubahan terhadap andaian ini. Semua andaian dikaji semula pada setiap tarikh pelaporan. Dalam menentukan kadar diskaun yang sesuai, pihak pengurusan menganggap kadar faedah bon korporat dengan sekurang-kurangnya perkadaran 'AA' atau di atas, dan diekstrapolasi seperti yang diperlukan di sepanjang keluk hasil untuk bersesuaian dengan jangkaan jangka panjang obligasi manfaat pasti. Kadar kematian didasarkan pada jadual kematian umum untuk negara. Peningkatan gaji dan peningkatan faedah masa depan adalah berdasarkan kadar inflasi masa depan yang dijangka untuk negara.
Penilaian dan anggaran perakaunan penting (sambungan)
4.
Pendapatan Kumpulan 2024 2023 RM’000 RM’000 Pendapatan dari kontrak dengan pelanggan: Jenis barangan dan perkhidmatan Jualan barangan Pendapatan dari sewa bilik Pendapatan kontrak Pendapatan lain Pendapatan dividen Pendapatan sewa
1,229,359 138,610 908 42,237 1,411,114 14,446 7,498 1,433,058
Masa pengiktirafan pendapatan Sepanjang masa 157,813 Pada satu titik masa 1,253,301 1,411,114
52
53
Yayasan 2024 2023 RM’000 RM’000
1,052,327 110,279 76,052 1,238,658 8,683 8,285 1,255,626
40 40 2,632 2,672
187 187 2,663 2,850
137,140 1,101,518 1,238,658
40 40
187 187
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
5.
8.
Kos jualan Kumpulan 2024 2023 RM’000 RM’000 Kos inventori yang dijual Kos perkhidmatan yang diberikan
703,596 105,224 808,820
662,467 96,995 759,462
Kumpulan 2024 2023 RM’000 RM’000
Yayasan 2024 2023 RM’000 RM’000 -
Hutang lapuk pulih Derma Keuntungan nilai saksama atas aset biologi Keuntungan atas penyahiktiraf syarikat bersekutu Keuntungan atas pelupusan hartanah, loji dan peralatan Keuntungan nilai saksama bersih ke atas instrument kewangan: - sekuriti pelaburan - derivatif Konsesi sewa Keuntungan atas penyahiktiraf pajakan Keuntungan atas pertukaran asing: - realisasi - belum realisasi Pendapatan sewa Pendapatan hak konsesi kayu (Nota 35) Pendapatan pelbagai Pelepasan bayaran kepada pemiutang
-
Termasuk dalam kos jualan adalah pelunasan aset tidak ketara berjumlah RM771,000 (2023: RM771,000) seperti didedahkan dalam Nota 18 penyata kewangan. 6.
Pendapatan faedah
Pinjaman dan penghutang - Syarikat subsidiari - Sekuriti pelaburan - Pinjaman dan penghutang lain - Akaun semasa dan deposit dengan institusi kewangan
7.
Pendapatan dividen
Pendapatan dividen dari: Sekuriti pelaburan - Instrumen ekuiti Syarikat subsidiari
Kumpulan 2024 2023 RM’000 RM’000
Yayasan 2024 2023 RM’000 RM’000
386 498
254 104
1,850 -
1,875 -
30,929 31,813
29,480 29,838
4,178 6,028
2,128 4,003
Kumpulan 2024 2023 RM’000 RM’000
Yayasan 2024 2023 RM’000 RM’000 9.
6,207 6,207
54
5,189 5,189
Pendapatan lain
2,844 150,770 153,614
2,607 147,180 149,787
Yayasan 2024 2023 RM’000 RM’000
101 -
5 28,000
-
28,000
7,839
1,540
-
-
-
78
-
-
1,938
325
18
-
22,458 -
20,227 6 30
-
1,072
8,059 -
16,265 -
2,303
1 1 1,640
-
-
38,541
32,660
1,044 74,224
85,585
1,250 12,989 -
1,250 5,943 -
22,316
51,458
184 24 22,207 22,415
11 282 253 19,461 20,007
9 9
13 13
Kos kewangan Perbelanjaan faedah ke atas: - Penerimaan bank - Liabiliti pajakan - Kredit pusingan - Pinjaman berjangka
55
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
10.
10.
Lebihan sebelum cukai
Lebihan sebelum cukai (sambungan) Kumpulan 2024 2023 RM’000 RM’000
Jumlah berikut telah dimasukkan untuk memperoleh lebihan sebelum cukai: Kumpulan 2024 2023 RM’000 RM’000 Ganjaran juruaudit - audit berkanun - tahun semasa 1,122 - terkurang peruntukan untuk tahun sebelum 164 - perkhidmatan lain - tahun semasa 307 - (terlebih)/terkurang peruntukan untuk tahun sebelum (1) Pelunasan hak konsesi kayu (Nota 18) 771 Susutnilai hartanah pelaburan (Nota 17) - tahun semasa 3,779 Susutnilai hartanah, loji dan peralatan (Nota 14) 126,967 Belanja berkaitan pajakan bernilai rendah 458 Belanja berkaitan pajakan jangka pendek 1,169 Belanja berkaitan bayaran pajakan boleh ubah tidak termasuk dalam pengukuran liabiliti pajakan 1,029 Belanja manfaat pekerja (Nota 11) 325,939 Kerugian nilai saksama atas aset biologi (Nota 15) 6 Kerugian rosotnilai atas: - pelaburan dalam subsidiari - penghutang dagangan 1,220 - penghutang lain 19,720 - pinjaman pengajian 1,627 Inventori dihapuskira 54 Pendapatan dari sub pajak aset berhak diguna Kerugian atas pelupusan hartanah, loji dan peralatan 1 Kerugian pertukaran asing: - belum direalisasi -
56
2024 RM’000
Yayasan
2023 RM’000
1,081
176
158
8
12
20
425
-
-
10 771
-
-
3,169
3,198
2,612
123,453
3,637 65
2,835 64
22
15
476 1,189 26 348,351
45,810
48,864
492
-
-
721 33,664 2,508 3
51 1,627 -
48,829 15,057 2,508 -
(60)
-
-
12
-
-
4
-
4
Bayaran yuran pengurusan kepada pengurus dana Kerugian nilai saksama bersih atas instrument kewangan: - sekuriti pelaburan Ganjaran pengarah bukan eksekutif (Nota 12) Loji dan peralatan dihapuskira (Nota 14) Peruntukan pemulihan hutan Yayasan Pembalikan kerugian rosotnilai atas: - muhibah - penghutang perdagangan - penghutang lain - pinjaman pengajian Sewa peralatan dan kenderaan bermotor Belanja penyelidikan 11.
2024 RM’000
Yayasan
2023 RM’000
1,303
929
319
279
320
-
-
-
3,546
3,437
-
-
869 1,331
719 1,395
-
3 -
(3,827) (2,865) -
(17,824) (545) (34,015) (10,612)
(933) -
(33,851) (10,612)
29 168
141 155
-
-
310,149 27,565 166 8 2,286
325,321 26,612 157 12 2,626
38,159 4,499 467
39,159 4,504 378
(3,437) 803 (25) 6,727 344,242
5,137 329 18 5,169 365,381
2,685 45,810
4,823 48,864
(12,323)
(13,441)
-
-
(5,980) 325,939
(3,589) 348,351
45,810
48,864
Perbelanjaan manfaat pekerja Gaji, upah, elaun dan bonus Caruman KWSP dan SOCSO Skim insuran pekerjaan Ganjaran persaraan Ganjaran (Pengurangan)/peningkatan dalam liabiliti untuk pelan manfaat tertentu (Nota 33) Hak cuti pekerja Hak cuti pekerja dicatat semula Perbelanjaan kakitangan yang lain Tolak: Jumlah yang dipermodalkan dalam hartanah, loji dan peralatan (Nota 14) Jumlah yang dipermodalkan dalam aset biologi (Nota 15)
57
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
11.
13.
Perbelanjaan manfaat pekerja (sambungan) Termasuk dalam perbelanjaan manfaat pekerja Kumpulan dan Yayasan adalah ganjaran pengarah eksekutif masing-masing berjumlah RM3,634,000 (2023: RM3,205,000) dan RM472,000 (2023: RM653,000).
12.
Perbelanjaan cukai pendapatan Komponen utama perbelanjaan cukai pendapatan Komponen utama perbelanjaan cukai pendapatan bagi tahun berakhir 31 Disember 2024 dan 2023 adalah:
Ganjaran pengarah Kumpulan 2024 2023 RM’000 RM’000 Ganjaran pengarah eksekutif (Nota 11): Yuran Emolumen lain Ganjaran pengarah bukan eksekutif (Nota 10): Yuran Emolumen lain
Jumlah ganjaran pengarah Anggaran nilai wang bagi faedah berbentuk barangan Jumlah ganjaran pengarah termasuk faedah berbentuk barangan
441 3,193 3,634
2,575 971 3,546
344 2,861 3,205
2,442 995 3,437
2024 RM’000
472 472
-
Yayasan
2023 RM’000
653 653
-
7,180
6,642
472
653
7
7
-
-
7,187
6,649
472
653
58
Penyata pendapatan komprehensif Cukai pendapatan semasa: - Cukai pendapatan Malaysia - (Lebihan)/kurangan peruntukan tahun sebelum Cukai pendapatan tertunda (Nota 23): - Berkaitan pengasalan dan pembalikan perbezaan sementara - Kurangan/(lebihan) peruntukan cukai tertunda tahun sebelum Perbelanjaan cukai pendapatan diiktiraf dalam untung atau rugi
Kumpulan 2024 2023 RM’000 RM’000
2024 RM’000
Yayasan
2023 RM’000
91,443
57,248
-
-
(3,993) 87,450
236 57,484
-
-
5,731
12,694
-
-
4,864 10,595
(6,266) 6,428
-
-
98,045
63,912
-
-
59
-
-
4,864
(6,266)
-
-
(9,171)
(28,431)
-
-
98,045
63,912
-
-
60
Bangunan RM’000 Infrastruktur ladang RM’000
(387) 3,918,139 680,182 (326,084)
3,799,516 149,960 (3,899) (26,634) (417) 639,558 67,433 (3,453) (6,176) (17,180) (326,051) (33) -
(2,539) (2,539) -
3,639,738 188,535 (4,983) (17,903) (3,332) 628,346 44,122 (4,799) (1,349) (24,223) (325,704) (347) -
-
Baka tumbuhan RM’000
Hartanah, loji dan peralatan
Cukai untuk bidang kuasa lain dikira pada kadar yang berlaku di bidang kuasa masingmasing.
14.
Cukai pendapatan tempatan dikira pada kadar cukai berkanun Malaysia sebanyak 24% (2023: 24%) daripada anggaran keuntungan boleh ditaksir untuk tahun semasa.
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Perbelanjaan cukai pendapatan diiktiraf dalam untung atau rugi
61
236
242,300
(3,993)
358,417
-
1,837,971
-
59,243
7,134
1,030,929
3,848
(387) 35,181
-
339,494 21,556 (185) (5,400) 2,952
-
1,815,353 9,994 (1,187) (417) 14,228
(465)
58,435 808 -
(824)
997,527 47,273 (13,871) -
(12,283)
18,480 (36,910)
242,300 -
(11,994)
23,348 (36,867)
32,900 2,929 (261) -
22,505
-
42,395
-
18,430
-
13,519
-
81,482
-
72,920
-
Cukai pada kadar cukai berkanun Malaysia
242,300 -
76,791
32,900 -
56,328
Kos Pada 1 Januari 2023 Tambahan Pelupusan Hapuskira Penyahiktirafan Pengkelasan semula Pengkelasan semula kepada hartanah pelaburan (Nota 17) Pada 31 Disember 2023 dan 1 Januari 2024 Tambahan Pelupusan Hapuskira Penyahiktirafan Pengkelasan semula Pengkelasan semula kepada hartanah pelaburan (Nota 17) Pada 31 Disember 2024
339,507
Loji dan peralatan RM’000
303,833
2023 RM’000
Tanah pegangan pajak RM’000
Lebihan sebelum cukai
Pelarasan: Belanja tidak dibenarkan Pendapatan tidak dikenakan cukai Kesan pengecualian daripada keuntungan perintis Kesan aset cukai tertunda tidak diiktiraf (Lebihan)/kurangan peruntukan cukai pendapatan tahun sebelum Kurangan/(lebihan) peruntukan cukai tertunda tahun sebelum Bahagian keputusan dari syarikat bersekutu dan usahasama
Yayasan
Kumpulan
2024 RM’000
Tanah dan bangunan milikan bebas RM’000
Kumpulan 2024 2023 RM’000 RM’000
314,554 14,922 (69) (2,081) 12,168
Penyesuaian antara perbelanjaan cukai dan lebihan perakaunan bagi tahun semasa dan tahun-tahun sebelumnya adalah seperti berikut:
1,732,123 76,064 (115) (902) (3,332) 11,515
Geran RM’000
Penyesuaian di antara perbelanjaan cukai dan lebihan perakaunan
57,447 448 540
Perbelanjaan cukai pendapatan (sambungan)
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
13.
Lain-lain aset RM’000
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
957,772 53,326 (13,571) -
Jumlah RM’000
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Susutnilai dan rosotnilai terkumpul Pada 1 Januari 2023 Susutnilai bagi tahun semasa Diiktiraf di untung atau rugi Baka tumbuhan dimodalkan Aset biologi dimodalkan Pelupusan Penyahiktirafan Pelarasan Hapuskira Perbezaan pertukaran Pada 31 Disember 2023 dan 1 Januari 2024 Susutnilai bagi tahun semasa Diiktiraf di untung atau rugi Baka tumbuhan dimodalkan Aset biologi dimodalkan Pelupusan Penyahiktirafan Hapuskira Perbezaan pertukaran Pengkelasan semula kepada hartanah pelaburan (Nota 17) Pengkelasan semula Pada 31 Disember 2024
Kumpulan (sambungan)
87,555 3,240 3,240 90,795
8,966 446 446 (5) (76) 9,331
-
-
-
85,066 2,489 2,489 -
Tanah dan bangunan milikan bebas RM’000
-
-
8,516 450 450 -
Tanah pegangan pajak RM’000
Hartanah, loji dan peralatan (sambungan)
14.
23,934 25,850
Pada 31 Disember 2024
Tanah pegangan pajak RM’000
Pada 31 Disember 2023
Amaun bawaan bersih
Kumpulan (sambungan)
Hartanah, loji dan peralatan (sambungan)
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
151,505
154,745
Tanah dan bangunan milikan bebas RM’000
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
14.
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
-
63
624,856
619,491
Baka tumbuhan RM’000
62
406,073
378,036 41,253 41,253 (13,216) -
352,271 38,993 38,993 (13,228) -
Baka tumbuhan RM’000
(147) 612,882
570,061 44,330 43,213 1,117 (417) (945) -
528,658 43,747 42,592 5 1,150 (116) (1,353) 9 (884) -
47,906
48,234
1,225,089
1,245,292
Infrastruktur ladang Bangunan RM’000 RM’000
11,337
10,201 1,136 1,136 -
9,080 1,121 1,119 2 -
Infrastruktur ladang Bangunan RM’000 RM’000
90,442
87,338
Loji dan peralatan RM’000
267,975
252,156 21,264 20,824 440 (113) (5,332) -
230,476 23,513 23,121 10 382 (54) (1,779) -
Loji dan peralatan RM’000
(301,384)
(307,936)
Geran RM’000
(24,700)
(18,115) (6,585) (6,585) -
(11,544) (6,571) (6,571) -
Geran RM’000
300,776
274,923
Lainlain aset RM’000
147 379,406
364,635 23,855 23,440 415 (3,205) (6,272) 246
348,272 21,714 21,260 8 446 (4,225) 214 (1,293) (47)
Lainlain aset RM’000
2,165,040
2,146,021
Jumlah RM’000
(76) 1,753,099
1,653,495 128,939 126,967 1,972 (3,323) (417) (25,765) 246
1,550,795 125,456 123,453 25 1,978 (4,395) (1,353) 223 (17,184) (47)
Jumlah RM’000
Kos Pada 1 Januari 2023 Tambahan Hapuskira Pengkelasan semula kepada hartanah pelaburan (Nota 17) Pada 31 Disember 2023 dan 1 Januari 2024 Tambahan Pelupusan Hapuskira Pada 31 Disember 2024
Yayasan
241,964 241,964 241,964
7,798 7,798 7,798
Tanah pegangan pajak RM’000
14.
1,164 116 1,280 116 1,396 6,518 6,402
Susutnilai terkumpul Pada 1 Januari 2023 Susutnilai bagi tahun semasa Hapuskira Pada 31 Disember 2023 dan 1 Januari 2024 Susutnilai bagi tahun semasa Pelupusan Hapuskira Pada 31 Disember 2024 Amaun bawaan bersih Pada 31 Disember 2023 Pada 31 Disember 2024
Yayasan (sambungan)
Tanah pegangan pajak RM’000
Hartanah, loji dan peralatan (sambungan)
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
179,725
182,965
62,239
58,999 3,240 -
56,510 2,489 -
Tanah dan bangunan milikan bebas RM’000
24,666 1,222 (81) 25,807
-
23,532 1,226 (92)
65
22,650
23,262
7,957
7,345 612 -
6,733 612 -
3,118
2,421
22,689
22,245 524 (81)
21,912 422 (89)
21,848 2,165 (177) 23,836
(4,791)
24,040 2,894 (295)
Lain-lain aset RM’000
11,905
11,701
17,488
17,311 180 (3)
16,923 388 -
4,436
2,779
19,400
19,069 509 (177) -
19,012 352 (295)
(71,072)
(72,616)
(4,632)
(3,088) (1,544) -
(1,544) (1,544) -
Geran RM’000
(75,704) (75,704)
-
(75,704) -
Geran RM’000
Kelengkapan, perabot dan pengubah- Lain-lain aset suaian RM’000 RM’000
29,012 384 (3) 29,393
2,252
26,591 169 -
Peralatan Kelengkapan, perabot dan pejabat pengubahdan lainsuaian lain RM’000 RM’000
Bangunan Peralatan pusat pejabat dan kraftangan lain-lain RM’000 RM’000
64
30,607 30,607
-
30,607 -
Tanah dan bangunan Bangunan milikan pusat bebas kraftangan RM’000 RM’000
Hartanah, loji dan peralatan (sambungan)
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
14.
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
157,164
157,030
126,537
123,161 3,637 (177) (84)
120,710 2,835 (384)
Jumlah RM’000
280,191 3,771 (177) (84) 283,701
(2,539)
278,828 4,289 (387)
Jumlah RM’000
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
14.
15.
Hartanah, loji dan peralatan (sambungan) Aset yang dicagarkan sebagai jaminan
Aset biologi Bukan semasa
Pada tarikh pelaporan sebelum ini, hartanah, loji dan peralatan bagi Kumpulan dengan nilai bawaan sebanyak RM32,728,000 telah dicagarkan sebagai jaminan untuk pinjaman yang diberikan kepada syarika subsidiari seperti dirujuk di Nota 29. Geran diterima daripada Kerajaan Malaysia Pada 25 Jun 2012, Kumpulan telah memasuki Perjanjian Kemudahan Dana dengan Kerajaan Malaysia dan Bank Pembangunan Malaysia Berhad di mana Kerajaan Malaysia bersetuju untuk memberikan geran untuk jumlah tidak melebihi RM250 juta untuk kemudahan pelaksanaan pembangunan Pusat Konvensyen Antarabangsa Sabah. Baka tumbuhan Termasuk dalam baka tumbuhan dalam tahun kewangan semasa adalah:
Susutnilai (Nota 14) Perbelanjaan manfaat pekerja (Nota 11)
Kumpulan 2024 RM’000
2023 RM’000
12,323
25 13,441
Penanaman Penternakan hutan lembu RM’000 RM’000
Kumpulan Pada kos/penilaian Pada 1 Januari 2023 Tambahan Perubahan dalam nilai saksama Pelupusan Pelarasan Pada 31 Disember 2023 Tambahan Perubahan dalam nilai saksama Pelupusan Pada 31 Disember 2024
116,480 12,604 1,291 (5,787) 124,588 17,891 239 (8,105) 134,613
Semasa
728 64 (835) 43 -
Jumlah RM’000 117,208 12,604 1,355 (6,622) 43 124,588 17,891 239 (8,105) 134,613
Kumpulan 2024 2023 RM’000 RM’000
Hasil perladangan dan ternakan lembu Pada 1 Januari Pindah untuk pengeluaran stok Perubahan dalam nilai saksama Pelarasan Pada 31 Disember
20,333 (13,086) 20,680 27,927
20,683 (13,532) 13,225 (43) 20,333
a) Hasil perladangan Aset biologi Kumpulan terdiri daripada buah tandan segar kelapa sawit ("BTS") sebelum dituai. Model penilaian yang digunapakai oleh Kumpulan menganggap nilai semasa jangkaan aliran tunai bersih dihasilkan daripada penjualan BTS. Untuk mencapai nilai saksama BTS, pihak pengurusan menganggap kandungan minyak BTS yang belum matang dan menghasilkan andaian bahawa aliran tunai bersih yang akan dihasilkan daripada BTS sebelum lebih daripada 4 minggu untuk dituai akan diabaikan. Oleh itu, kuantiti BTS yang belum matang pada tumbuhan pembawa sehingga 4 minggu sebelum penuaian digunakan untuk tujuan penilaian. Nilai semasa bersih aliran tunai kemudiannya ditentukan dengan merujuk kepada nilai pasaran minyak sawit mentah pada tarikh tuaian, diselaraskan dengan kos untuk dijual pada masa tuaian. Kos untuk dijual, termasuk kos penuaian dan pengangkutan, akan ditolak dalam mendapatkan aliran tunai bersih yang akan dijana.
66
67
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
15.
16.
Aset biologi (sambungan)
Tanah dipegang untuk pembangunan hartanah
a) Hasil perladangan (sambungan)
Kumpulan 2024 2023 RM’000 RM’000
Perubahan dalam nilai saksama hasil perladangan dalam setiap tempoh perakaunan diiktiraf dalam untung atau rugi. Hasil perladangan Kumpulan dinilai secara saksama dalam Tahap 3 dari hierarki nilai saksama. Penilaian nilai saksama telah diselesaikan secara konsisten menggunakan teknik penilaian yang sama. b) Penanaman pokok Lokasi penanaman pokok terletak pada sebuah tanah pajakan dari Sapangar Sdn. Bhd., sebuah syarikat berkaitan, dan pada sebuah tanah di Gunung Rara/Kalabakan, Sabah. Pada 31 Disember 2024, kawasan penanaman pokok Kumpulan di atas tanah adalah seluas 17,873 hektar (2023: 15,366 hektar). Penanaman pokok dibawa pada nilai saksama dengan perubahan nilai saksama diiktiraf di untung atau rugi. Nilai saksama aset biologi dikira dengan menggunakan nilai semasa aliran tunai masa depan yang diunjurkan setelah mempertimbangkan andaian berikut: - Harga pasaran per meter padu berdasarkan data sejarah; - Kos aktiviti dari penyata operasi ladang untuk tempoh yang lepas; - Kadar diskaun adalah 14.5% (2023: 14.5%). Pokok tanaman sekarang dinilai berdasarkan keuntungan dari pengambilan dan penjualan kayu yang diperoleh dengan mengurangkan kos pengeluaran dari hasil penjualan. Ini didiskaun pada kadar pulangan yang sesuai untuk mendapatkan nilai pokok tanaman sekarang. Perbelanjaan penanaman pokok Kumpulan dinilai secara saksama dalam Tahap 3 dari hierarki nilai saksama. Penilaian nilai saksama telah diselesaikan secara konsisten menggunakan teknik penilaian yang sama. Bagi pokok yang berumur kurang dari 4 tahun (2023: 4 tahun) yang pada umur muda belum matang, perbelanjaan pembangunan ladang aset biologi menghampiri nilai saksama. Termasuk di dalam kos penanaman pokok dalam tahun semasa ialah perbelanjaan manfaat pekerja sebanyak RM5,980,000 (2023: RM3,589,000).
68
Kos Pada 1 Januari Tambahan Pada 31 Disember
13,096 13,096
13,096 13,096
Nilai bawaan bersih
13,096
13,096
Tanah yang dipegang untuk pembangunan hartanah termasuk beberapa petak tanah dengan nilai bawaan agregat kira-kira RM4 million (2023: RM4 million) yang didaftarkan di bawah nama Yayasan Sabah, di mana dua syarikat subsidiari telah diberikan Surat Kuasa Wakil yang tidak boleh ditarikbalik untuk meneruskan perkara berkaitan petak tanah ini dengan kos dan perbelanjaan ditanggung oleh dua syarikat subsidiari tersebut. 17.
Hartanah pelaburan
Tanah dan bangunan pegangan pajak RM’000
Loji dan mesin RM’000
Perabot, kelengkapan dan peralatan RM’000
Pengubahsuaian landskap dan lain-lain RM’000
Jumlah RM’000
98,638 1,421
442 -
404 3
8,391 172
107,875 1,596
-
(1)
-
2,539 -
2,539 (1)
100,059 5,000
441 434
407 -
11,102 -
112,009 5,434
387 105,446
875
407
11,102
387 117,830
Kumpulan Kos Pada 1 Januari 2023 Tambahan Pengkelasan semula dari hartanah, loji dan peralatan (Nota 14) Hapuskira Pada 31 Disember 2023 dan 1 Januari 2024 Tambahan Pengkelasan semula dari hartanah, loji dan peralatan (Nota 14) Pada 31 Disember 2024
69
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
17.
17.
Hartanah pelaburan (sambungan)
Kumpulan (sambungan) Susunilai dan rosotnilai terkumpul Pada 1 Januari 2023 Susutnilai bagi tahun semasa (Nota 10) Hapuskira Pada 31 Disember 2023 Susutnilai bagi tahun semasa (Nota 10) Pengkelasan semula dari hartanah, loji dan peralatan (Nota 14) Pada 31 Disember 2024
Tanah dan bangunan pegangan pajak RM’000
Loji dan mesin RM’000
Perabot, kelengkapan dan peralatan RM’000
Pengubahsuaian landskap dan lain-lain RM’000
Jumlah RM’000
52,479
439
386
3,842
57,146
2,859 55,338
2 (1) 440
10 396
298 4,140
3,169 (1) 60,314
3,708
56
6
9
3,779
76 59,122
496
402
4,149
76 64,169
Nilai bawaan bersih Pada 31 Disember 2023
44,721
1
11
6,962
51,695
Pada 31 Disember 2024
46,324
379
5
6,953
53,661
Peralatan pejabat dan lain-lain RM’000
Perabot, kelengkapan dan pengubahsuaian RM’000
Yayasan Kos Pada 1 Januari 2023 Tambahan Hapuskira Pengkelasan semula dari hartanah, loji dan peralatan (Nota 14) Pada 31 Disember 2023 dan 1 Januari 2024 Tambahan Pada 31 Disember 2024
Tanah dan bangunan pegangan pajak RM’000
Lain-lain aset RM’000
Jumlah RM’000
85,507 -
1,300 (1)
4,505 171 -
2,354 -
93,666 171 (1)
-
-
2,539
-
2,539
85,507 85,507
1,299 1,299
7,215 434 7,649
2,354 2,354
96,375 434 96,809
70
Hartanah pelaburan (sambungan)
Peralatan pejabat dan lain-lain RM’000
Perabot, kelengkapan dan pengubahsuaian RM’000
Lain-lain aset RM’000
Jumlah RM’000
52,860 2,323 -
1,229 18 (1)
228 271 -
2,353 -
56,670 2,612 (1)
55,183 3,142 58,325
1,246 13 1,259
499 43 542
2,353 2,353
59,281 3,198 62,479
Nilai bawaan bersih Pada 31 Disember 2023
30,324
53
6,716
1
37,094
Pada 31 Disember 2024
27,182
40
7,107
1
34,330
Tanah dan bangunan pegangan pajak RM’000
Yayasan (sambungan) Susutnilai terkumpul Pada 1 Januari 2023 Susutnilai tahun semasa Hapuskira Pada 31 Disember 2023 dan 1 Januari 2024 Susutnilai tahun semasa Pada 31 Disember 2024
18.
Aset tidak ketara
Muhibah RM’000
Kumpulan Hak konsesi kayu RM’000
Jumlah RM’000
121,092
353,529
474,621
Pelunasan dan rosotnilai terkumpul Pada 1 Januari 2023 Pelunasan (Nota 10) Pembalikan rosotnilai Pada 31 Disember 2023 Pelunasan (Nota 10) Pada 31 Disember 2024
48,028 (17,824) 30,204 30,204
297,243 771 298,014 771 298,785
345,271 771 (17,824) 328,218 771 328,989
Nilai bawaan bersih Pada 31 Disember 2023
90,888
55,515
146,403
Pada 31 Disember 2024
90,888
54,744
145,632
Kos Pada 1 Januari 2023, 31 Disember 2023 dan 31 Disember 2024
71
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
18.
19.
Aset tidak ketara (sambungan) Pada 10 September 1997, Perjanjian Lesen Pengurusan Hutan Mampan (SFMLA 09/97) telah dimeterai di antara pihak Yayasan dan Kerajaan Negeri Sabah, bagi menggantikan perjanjian lesen asal yang dimeterai antara pihak berkaitan pada tahun 1970. Intipati SFMLA 09/97 adalah penyatuan kawasan konsesi asal kepada kawasan tunggal seluas 799,828 hektar dan peruntukan bagi pengurusan hutan mampan termasuk latihan Pengurangan Kesan Penebangan. Kemudian, pada 15 Februari 1999, Yayasan melalui perjanjian lesen tambahan, menyerahkan lebih kurang 200,000 hektar kawasan ditebang daripada kawasan konsesi berlesen di bawah SFMLA 09/97 kepada Kerajaan Negeri Sabah dan dengan itu, mengurangkan kawasan konsesinya dari 799,828 kepada 599,828 hektar. Pada 11 Januari 2013, Ketua Menteri Sabah dan Yayasan Sabah telah memeterai Perjanjian Lesen Pengurusan Hutan Mampan (Perjanjian Tambahan Ketiga) (SFMLA 01/13) di mana Kawasan Berlesen telah meningkat daripada 599,828 hektar kepada 633,652 hektar. Pada 12 April 2018, Ketua Menteri Negeri Sabah dan Yayasan Sabah telah menandatangani Perjanjian Lesen Pengurusan Hutan Lestari (Perjanjian Tambahan Keenam) di mana Kawasan Berlesen telah dikurangkan kepada 213,814 hektar. Perbelanjaan pelunasan Pelunasan hak konsesi kayu adalah termasuk di dalam item “Kos Jualan” dalam penyata pendapatan komprehensif. Ujian rosotnilai muhibah Muhibah daripada kombinasi perniagaan telah diperuntukkan kepada setiap unit penjanaan tunai (“CGU”) berdasarkan segmen bagi ujian rosotnilai.
19.
Pelaburan dalam syarikat subsidiari Yayasan 2024 2023 RM’000 RM’000 Saham tidak tersiarharga pada kos - di Malaysia Tolak: Kerugian rosotnilai terkumpul
72
181,604 (115,604) 66,000
181,604 (115,604) 66,000
Pelaburan dalam syarikat subsidiari (sambungan) a) Butiran subsidiari dalam Kumpulan adalah seperti berikut:
Nama
Negara diperbadankan/ tempat perniagaan utama Aktiviti utama
Dipegang oleh Yayasan:
% pegangan % pegangan ekuiti ekuiti dipegang dipegang oleh oleh kepentingan Kumpulan* bukan kawalan* 2024 2023 2024 2023
Innoprise Corporation Sdn. Bhd.
Malaysia
Pegangan pelaburan dan peruntukan perkhidmatan pengurusan
97.63
97.63
2.37
2.37
Sapangar Sdn. Bhd.
Malaysia
Pegangan pelaburan
99.99
99.99
0.01
0.01
KKYS Sdn. Bhd.
Malaysia
Institusi pendidikan swasta berlesen
100
100
-
-
UNI YS Sdn. Bhd.
Malaysia
Institusi pendidikan swasta berlesen
100
100
-
-
Dorman
100
100
-
-
Borneo Malaysia Refugia Sdn. Bhd. Dipegang melalui Innoprise Corporation Sdn. Bhd.: Anco Furniture Malaysia Sdn. Bhd.
Telah dibubarkan
-
83
-
17
Aquatica Aquarium & Discovery Centre Sdn. Bhd.
Telah dibubarkan
-
67
-
33
Malaysia
73
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
19.
19.
Pelaburan dalam syarikat subsidiari (sambungan)
Pelaburan dalam syarikat subsidiari (sambungan)
a) Butiran subsidiari bagi Kumpulan adalah seperti berikut (sambungan):
a) Butiran subsidiari bagi Kumpulan adalah seperti berikut (sambungan):
Negara diperbadankan/ tempat perniagaan utama Aktiviti utama
Negara diperbadankan/ tempat perniagaan utama Aktiviti utama
Nama
% pegangan ekuiti dipegang % pegangan oleh ekuiti dipegang kepentingan oleh Kumpulan* bukan kawalan* 2024 2023 2024 2023
Dipegang melalui Innoprise Corporation Sdn. Bhd. (sambungan):
Dipegang melalui Innoprise Corporation Sdn. Bhd. (sambungan):
Borneo Security Centre Sdn. Bhd.
Malaysia
Perkhidmatan keselamatan
98
98
2
2
Benta Wawasan Sdn. Bhd.
Malaysia
Pembangunan hutan dan perladangan kelapa sawit
98
98
2
2
Berlian Sarjana Malaysia Sdn. Bhd.
Dorman
98
98
2
2
Borneo Nature Malaysia Tours Sdn. Bhd.
Operator pelancongan semula jadi
98
98
2
Convention Hotel Sdn. Bhd.
Malaysia
Pengurusan hotel
98
98
D’Heritage Sdn. Bhd.
Malaysia
Dorman
98
Innoprise Capital Sdn. Bhd.
Malaysia
Operasi pusat sukan
Inno Resource Malaysia Development Sdn. Bhd. Inno Travel & Tour Services Sdn. Bhd.
Malaysia
Nama
% pegangan % pegangan ekuiti ekuiti dipegang dipegang oleh oleh kepentingan Kumpulan* bukan kawalan* 2024 2023 2024 2023
Innoprise Holdings Sdn. Bhd.
Malaysia
Tidak aktif
98
98
2
2
Innoprise Integrated Timber Complex Sdn. Bhd.
Malaysia
Menyewakan kompleks perindustrian kayu
98
98
2
2
Malaysia
Operasi sebagai penginapan hutan
98
98
2
2
2
Innoprise Jungle Lodge Sdn. Bhd.
2
2
Innoprise Plantations Berhad
Malaysia
Pemegang pelaburan
50
50
50
50
98
2
2
Innoprise Properties Sdn. Bhd.
Malaysia
Pengurusan dan pemegang hartanah
98
98
2
2
98
98
2
2
Innoprise Synergy Sdn. Bhd.
Malaysia
Tidak aktif
98
98
2
2
Pembiakan rumpai laut dan karang
98
98
2
2
Malaysia
Pengeluar dan penjual perabot
98
98
2
2
Pengendali kemasukan lawatan dan sewaan kenderaan
98
98
2
2
Innoprise Wood Products Sdn. Bhd.
74
75
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
19.
19.
Pelaburan dalam syarikat subsidiari (sambungan)
Pelaburan dalam syarikat subsidiari (sambungan)
a) Butiran subsidiari bagi Kumpulan adalah seperti berikut (sambungan):
a) Butiran subsidiari bagi Kumpulan adalah seperti berikut (sambungan):
Negara diperbadankan/ tempat perniagaan utama Aktiviti utama
Negara diperbadankan/ tempat perniagaan utama Aktiviti utama
Nama
% pegangan % pegangan ekuiti ekuiti dipegang dipegang oleh oleh kepentingan Kumpulan* bukan kawalan* 2024 2023 2024 2023
Dipegang melalui Innoprise Corporation Sdn. Bhd. (sambungan):
Nama
% pegangan % pegangan ekuiti ekuiti dipegang dipegang oleh oleh kepentingan Kumpulan* bukan kawalan* 2024 2023 2024 2023
Dipegang melalui Innoprise Corporation Sdn. Bhd. (sambungan):
Innovision (PNG) Pty Ltd
Papua New Guinea
Pemegang hak kayu dan operator pembalakan
98
98
2
2
Pacific Hardwoods Sdn. Bhd.
Malaysia
Tidak aktif
98
98
2
2
Innovision (Irian Jaya) Sdn. Bhd.
Malaysia
Perdagangan dan operasi kayu dan pegangan pelaburan
98
98
2
2
Petrosabah Sdn. Bhd.
Malaysia
Pemegang minyak dan gas
98
98
2
2
68
32
32
Malaysia
Pengurusan dan pembangunan hartanah
98
98
2
2
Kejora Majuria Malaysia Sdn. Bhd.
Dorman
98
98
2
2
Memberi perkhidmatan kepada industri gas dan minyak, sewa jeti dan kabin, dan perniagaan kontena
68
Juwitabah Sdn. Bhd.
Petrosab Sdn. Malaysia Bhd.
Malaysia
96
4
4
Tidak aktif
98
98
2
2
Kristal Handal Malaysia Sdn. Bhd.
Operasi pusat kraftangan
98
98
2
2
Pengeluar dan penjual kayu log dan penanaman semula kawasan hutan pembalakan
96
Kennedy Bay Timber Sdn. Bhd.
Rakyat Berjaya Sdn. Bhd.
Malaysia
Pemaju hartanah
98
98
2
2
Norsechem (Sabah) Sdn. Bhd.
Malaysia
Pengeluar dan penjual pelekat sintetik untuk industri kerja papan
50
50
50
50
Rakyat Bersatu Sdn. Bhd.
Malaysia
96
4
4
Malaysia
Pemegang pelaburan
98
2
Ejen penjual kayu balak eksklusif
96
NRG Consortium (Sabah) Sdn. Bhd.
Sabah Berjaya Sdn. Bhd. Sabah Melale Wood Industries Sdn. Bhd.
Malaysia
Ejen penjual kayu balak eksklusif
60^
60^
1
1
Sabah Softwoods Berhad
Malaysia
Penanaman semula hutan, perladangan kelapa sawit, operasi kilang cip dan kontrak penanaman semula hutan
68
68
32
32
Malaysia
76
98
2
77
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
19.
19.
Pelaburan dalam syarikat subsidiari (sambungan) a) Butiran subsidiari bagi Kumpulan adalah seperti berikut (sambungan):
Nama
Negara diperbadankan/ tempat perniagaan utama Aktiviti utama
a) Butiran subsidiari bagi Kumpulan adalah seperti berikut (sambungan):
% pegangan ekuiti dipegang oleh Kumpulan* 2024 2023
% pegangan ekuiti dipegang oleh kepentingan bukan kawalan* 2024 2023
Dipegang melalui Innoprise Corporation Sdn. Bhd. (sambungan): Silam Forest Products Sdn. Bhd.
Malaysia
Memeterai perjanjian dengan pihak ketiga melalui syarikat usahasama untuk menjalankan pembangunan ladang kelapa sawit
98
Pelaburan dalam syarikat subsidiari (sambungan)
98
2
2
Nama
Negara diperbadankan/ tempat perniagaan utama Aktiviti utama
YSG Silica Sdn. Bhd.
Malaysia
Malaysia
Memajak loji
98
98
2
2
B. W. Plantations Sdn. Bhd.
Sunwise Crystal Sdn. Bhd.
Malaysia
Teknologi maklumat dan komunikasi sistem integrasi infrastruktur rangkaian dan sistem pusat data
98
98
2
2
Benta Edible Malaysia Oil Sdn. Bhd.
Pengusaha hotel
59
41
Dipegang melalui Inno Resource Development Sdn. Bhd.:
2
Aquadive Discovery Sdn. Bhd.
2
Dipegang oleh Innoprise Integrated Timber Complex Sdn. Bhd.:
Transformasi Canggih Sdn. Bhd.
Malaysia
YSG Bioscape Malaysia Sdn. Bhd.
Dorman
Penyelidikan pemilihan, penyebaran invitro dan pengeluaran komersial spesies pokok perhutanan, pemilihan dan penyelidikan spesies tumbuhan hiasan
78
Perlombongan dan aktiviti berkaitan
98
98
2
2
Pemegang pelaburan dalam usahasama operasi ladang kelapa sawit
98
98
2
2
Mengeksport minyak sayur mentah dan halus
98
98
2
2
Akuakultur
98
98
2
2
Memproses kayu
59
59
41
41
Perladangan getah
96
96
4
4
Dipegang melalui Benta Wawasan Sdn. Bhd.:
Malaysia
Malaysia
% pegangan ekuiti dipegang oleh kepentingan bukan kawalan* 2024 2023
Dipegang melalui Innoprise Corporation Sdn. Bhd. (sambungan):
Sinora Particle Board Sdn. Bhd.
Tanjong Aru Hotel Sdn. Bhd.
% pegangan ekuiti dipegang oleh Kumpulan* 2024 2023
98
98
59
98
98
41
2
2
YSG Timber Processing Complex Sdn. Bhd.
Malaysia
Malaysia
Dipegang melalui Rakyat Berjaya Sdn. Bhd.: Nicohandal Sdn. Bhd.
Malaysia
79
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
19.
19.
Pelaburan dalam syarikat subsidiari (sambungan)
Pelaburan dalam syarikat subsidiari (sambungan)
a) Butiran subsidiari bagi Kumpulan adalah seperti berikut (sambungan):
a) Butiran subsidiari bagi Kumpulan adalah seperti berikut (sambungan):
Negara diperbadankan/ tempat perniagaan utama Aktiviti utama
Negara diperbadankan/ tempat perniagaan utama Aktiviti utama
Nama
% pegangan ekuiti % pegangan ekuiti dipegang oleh kepentingan dipegang oleh Kumpulan* bukan kawalan* 2024 2023 2024 2023
Dipegang melalui Sabah Softwoods Berhad: Malaysia
Operasi kilang sawit
35
35
65
65
RH Biogas Sdn. Bhd.
Malaysia
Dorman
35
35
65
65
Operasi chalet dan pondok hutan
70
70
-
-
Dipegang melalui Innoprise Plantations Berhad: Serijaya Industries Sdn. Bhd.
Malaysia
Kontraktor pengeluar kayu dan operasi perladangan kelapa sawit
50
50
50
50
IPB Bio Energy Sdn. Bhd.
Malaysia
Pengeluar dan pembekal tenaga boleh diperbaharui
50
50
50
50
Dipegang melalui KKYS Sdn. Bhd.: YS BSTS Sdn. Bhd.
Malaysia
Perkhidmatan kafe dan katering
100
Perkhidmatan penggambaran dokumentari, rakaman dan penerbitan
100
100
-
-
Dipegang melalui UNI YS Sdn. Bhd.: Erawave Sdn. Bhd.
Malaysia
% pegangan ekuiti dipegang oleh kepentingan bukan kawalan* 2024 2023
Dipegang melalui Sapangar Sdn. Bhd.:
Regional Harvest Sdn. Bhd.
Brumas Nature Malaysia Trek & Adventure Sdn. Bhd.
Nama
% pegangan ekuiti dipegang oleh Kumpulan* 2024 2023
80
100
-
-
Sinsuran Sdn. Bhd.
Malaysia
Mentadbir berkaitan rumah kedai terjual
99.99
99.99
0.01
0.01
Seranum Sdn. Bhd.
Malaysia
Dorman
99.99
99.99
0.01
0.01
Sabah Melale Wood Industries Sdn. Bhd.
Malaysia
Ejen eksklusif menjual kayu log
38^
38^
1
1
Tawau Malaysia Plywood Manufacturing Sdn. Bhd.
Tidak aktif (berhenti operasi pada 2012)
70
70
30
30
Dipegang melalui Tawau Plywood Manufacturing Sdn. Bhd.: Grouplan Sdn. Bhd.
Malaysia
Dorman
70
70
30
30
Kesuma Juara Sdn. Bhd.
Malaysia
Dorman
70
70
30
30
Dipegang melalui Petrosabah Sdn. Bhd.: Inno Hydropower (B) Sdn. Bhd.
Malaysia
Langgan dan melabur dalam ekuiti syarikat loji kuasa bebas
98
98
2
2
Inno Hydropower (T) Sdn. Bhd.
Malaysia
Langgan dan melabur dalam ekuiti syarikat loji kuasa bebas
98
98
2
2
81
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
19.
19.
Pelaburan dalam syarikat subsidiari (sambungan)
b) Rumusan maklumat kewangan subsidiari yang mempunyai kepentingan tak kawal yang ketara kepada Kumpulan.
a) Butiran subsidiari bagi Kumpulan adalah seperti berikut (sambungan):
Nama
Negara diperbadankan/ tempat perniagaan utama Aktiviti utama
Pelaburan dalam syarikat subsidiari (sambungan)
% pegangan ekuiti % pegangan ekuiti dipegang oleh dipegang oleh kepentingan Kumpulan* bukan kawalan* 2024 2023 2024 2023
Kepentingan bukan kawalan dalam Innoprise Corporation Sdn. Bhd. dan Sapangar Sdn. Bhd. tidak dianggap ketara kepada Kumpulan. Kumpulan telah memilih untuk mendedahkan ringkasan maklumat kewangan syarikat subsidiari kepada Innoprise Corporation Sdn. Bhd. memandangkan ia merupakan sumbangan penting kepada kedudukan dan prestasi kewangan keseluruhan Kumpulan. Ringkasan maklumat kewangan dipersembahkan di bawah pada nilai sebelum penyingkiran antara syarikat.
Dipegang melalui Petrosabah Sdn. Bhd. (sambungan):
(i) Ringkasan penyata kedudukan kewangan
Inno Hydropower (P) Sdn. Bhd.
Malaysia
Aktiviti-aktiviti syarikat induk
98
98
2
2
Inno Hydropower (M) Sdn. Bhd.
Malaysia
Aktiviti-aktiviti syarikat induk
98
98
2
2
Semua subsidiari di atas tidak diaudit oleh Jabatan Audit Negara Malaysia. * Bersamaan dengan bahagian hak mengundi dipegang. ^ Sabah Melale Wood Industries Sdn. Bhd. adalah 61% dimiliki oleh Innoprise Corporation Sdn. Bhd. dan 39% dimiliki oleh Sapangar Sdn. Bhd.
Pelaburan tambahan dalam syarikat subsidiari Brumas Nature Trek & Adventure Sdn. Bhd.
Subsidiari kepada Innoprise Corporation Sdn. Bhd. 2024 2023 RM’000 RM’000 Aset bukan semasa Aset semasa Jumlah aset
1,219,931 465,602 1,685,533
1,179,699 500,676 1,680,375
Liabiliti bukan semasa Liabiliti semasa Jumlah liabiliti Aset bersih
413,672 266,240 679,912 1,005,621
423,439 253,233 676,672 1,003,703
992,522 13,099 1,005,621
990,730 12,973 1,003,703
Aset bersih boleh diagihkan kepada Innoprise Corporation Sdn. Bhd. Kepentingan bukan kawalan
Sepanjang tahun kewangan, sebuah syarikat subsidiari Kumpulan, Sabah Softwood Berhad, telah menambah langganan saham biasa dalam Brumas Nature Trek & Adventure Sdn. Bhd. 499,900 saham (2023: 100 saham), dengan jumlah balasan tunai sebanyak RM499,900. Tambahan pelaburan ini tidak mengubah bahagian kepentingan ekuiti Kumpulan dalam anak syarikat pada tarikh laporan ini. Penyahiktirafan syarikat subsidiari Anco Furniture Sdn. Bhd. Sepanjang tahun kewangan, Kumpulan telah menyahiktiraf keseluruhan kepentingan ekuiti dalam Anco Furniture Sdn. Bhd., sebagai syarikat subsidiari yang telah dibubarkan pada 15 Mac 2024. Aquatica Aquarium & Discovery Centre Sdn. Bhd. Sepanjang tahun kewangan, Kumpulan telah menyahiktiraf keseluruhan kepentingan ekuiti dalam Aquatica Aquarium & Discovery Centre Sdn. Bhd., sebagai anak syarikat subsidiari yang telah dibubarkan pada 21 Mei 2024. 82
83
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024 19.
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Pelaburan dalam syarikat subsidiari (sambungan) b) Rumusan maklumat kewangan subsidiari yang mempunyai kepentingan bukan kawalan yang ketara kepada Kumpulan (sambungan)
20.
Pelaburan dalam syarikat bersekutu 2024 RM’000
(ii) Ringkasan penyata untung atau rugi dan pendapatan komprehensif lain Subsidiari kepada Innoprise Corporation Sdn. Bhd. 2024 2023 RM’000 RM’000
Pendapatan Untung boleh diagihkan kepada Innoprise Corporation Sdn. Bhd. Untung boleh diagihkan kepada kepentingan bukan kawalan Untung pada tahun semasa Rugi komprehensif lain boleh diagihkan kepada Innoprise Corporation Sdn. Bhd. Rugi komprehensif lain boleh diagihkan kepada kepentingan bukan kawalan Rugi komprehensif lain pada tahun semasa Jumlah pendapatan komprehensif boleh diagihkan kepada Innoprise Corporation Sdn. Bhd. Jumlah pendapatan komprehensif boleh diagihkan kepada kepentingan bukan kawalan Jumlah pendapatan komprehensif pada tahun semasa Dividen dibayar kepada kepentingan bukan kawalan (iii) Ringkasan aliran tunai
993,210
869,903
100,901
99,737
88,944 189,845
62,489 162,226
(907)
(2,653)
(18) (925)
(266) (2,919)
99,994
97,084
88,926 188,920 75,819
62,223 159,307 64,374
Subsidiari kepada Innoprise Corporation Sdn. Bhd. 2024 2023 RM’000 RM’000
Tunai bersih dijana daripada aktiviti operasi Tunai bersih digunakan dalam aktiviti pelaburan Tunai bersih digunakan dalam aktiviti pembiayaan Lebihan/(kurangan) bersih dalam tunai dan kesetaraan tunai Tunai dan kesetaraan tunai pada awal tahun Tunai dan kesetaraan tunai pada akhir tahun
84
305,609 (107,481) (187,360) 10,768 249,855 260,623
238,142 (92,145) (179,778) (33,781) 283,636 249,855
Saham tidak tersiar harga, pada kos Rizab bahagian pasca-pengambilalihan
36,165 100,770 136,935 (29,425) 107,510
Tolak: Kerugian rosotnilai terkumpul
Kumpulan 2023 RM’000 (Dinyatakan semula)
2022 RM’000 (Dinyatakan semula)
36,165 100,319 136,484 (37,647) 98,837
28,575 115,017 143,592 (54,343) 89,249
a) Butiran syarikat bersekutu Kumpulan adalah seperti berikut:
Nama
Negara diperbadankan/ tempat perniagaan utama Aktiviti utama
Dipegang melalui Inno Resources Development Sdn. Bhd.:
% kepentingan Model pemilikan dipegang oleh perakaunan Kumpulan^ digunapakai 2024 2023
Sunlight Inno Seafood Sdn. Bhd. ~
Malaysia
Operasi akuakultur udang
20
20
Kaedah ekuiti
WAF Holding Sdn. Bhd.
Malaysia
Penanaman dan pengurusan penternakan rumpai laut, akuakultur dan eko-pelancongan
30
30
Kaedah ekuiti
Lobster Aqua Technologies Sdn. Bhd.
Malaysia
Operasi penternakan udang galah
30
30
Kaedah ekuiti
RT Plantations Malaysia Sdn. Bhd.
Operasi perladangan kelapa sawit
38
38
Kaedah ekuiti
Gerak Saga Sdn. Bhd.
Pengurusan hutan dan perladangan pokok
28
28
Kaedah ekuiti
Dipegang melalui Rakyat Berjaya Sdn. Bhd.:
Malaysia
85
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
20.
20.
Pelaburan dalam syarikat bersekutu (sambungan) a) Butiran syarikat bersekutu Kumpulan adalah seperti berikut (sambungan):
Nama
Negara diperbadankan/ tempat perniagaan utama Aktiviti utama
a) Butiran syarikat bersekutu Kumpulan adalah seperti berikut (sambungan):
% kepentingan Model pemilikan dipegang oleh perakaunan Kumpulan^ digunapakai 2024 2023
Arus Sawit Sdn. Bhd.
Malaysia
Operasi perladangan kelapa sawit
29
29
Kaedah ekuiti
Ikatan Kayangan Sdn. Bhd.
Malaysia
Operasi perladangan kelapa sawit
29
29
Kaedah ekuiti
Kelola Maju Sdn. Bhd.
Malaysia
Penanaman kelapa sawit
29
29
Kaedah ekuiti
Danau Hartamas Sdn. Bhd.
Malaysia
Membeli, menjual, menyewa dan mengendalikan harta tanah milik sendiri atau disewa – aktiviti bangunan kediaman syarikat induk
29
29
Kaedah ekuiti
Pengeluaran sawit mentah dan perdagangan produk berkaitan minyak kelapa sawit
29
Pengendalian kemudahan penjanaan tenaga elektrik
10
29
Kaedah ekuiti
Dipegang melalui Petrosabah Sdn. Bhd.: Oriole Hydro Padas Sdn. Bhd..
Malaysia
% kepentingan pemilikan dipegang oleh Kumpulan^ 2024 2023
Model perakaunan digunapakai
86
Oriole Hydro Maligan Sdn. Bhd.
Malaysia
Pengendalian kemudahan penjanaan tenaga elektrik
29
29
Kaedah ekuiti
Dipegang melalui Inno Hydropower (T) Sdn. Bhd.: Telekosang Hydro One Sdn. Bhd.
Malaysia
Pembangunan hidro kecil - skim kuasa
29
29
Kaedah ekuiti
Telekosang Hydro Two Sdn. Bhd.
Malaysia
Pembangunan hidro kecil - skim kuasa
29
29
Kaedah ekuiti
Dipegang melalui Sabah Softwoods Bhd.:
Dipegang melalui Danau Hartamas Sdn. Bhd.: Malaysia
Nama
Negara diperbadankan/ tempat perniagaan utama Aktiviti utama
Dipegang melalui Inno Hydropower (M) Sdn. Bhd.
Dipegang melalui Silam Forest Products Sdn. Bhd.:
Majumas Pasifik Sdn. Bhd.
Pelaburan dalam syarikat bersekutu (sambungan)
10
K.M. Hybrid Plantation Sdn. Bhd.
Malaysia
Perladangan pokok
21
21
Kaedah ekuiti
Sabah Softwoods Hybrid Fertiliser Sdn. Bhd.
Malaysia
Pengeluar dan perdagangan baja
31
31
Kaedah ekuiti
Kaedah ekuiti
87
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
20.
20.
Pelaburan dalam syarikat bersekutu (sambungan) a) Butiran syarikat bersekutu Kumpulan adalah seperti berikut (sambungan):
Nama
Negara diperbadankan/ tempat perniagaan utama Aktiviti utama
% kepentingan pemilikan dipegang oleh Kumpulan^ 2024 2023
Pelaburan dalam syarikat bersekutu (sambungan) b) Ringkasan maklumat kewangan berkaitan dengan syarikat bersekutu Kumpulan yang ketara;
Model perakaunan digunapakai
Ringkasan maklumat kewangan mewakili amaun dalam penyata kewangan MFRS syarikat bersekutu dan bukan jumlah bahagian Kumpulan. (i) Ringkasan penyata kedudukan kewangan Syarikat bersekutu bagi kumpulan syarikat Innoprise Corporation Sdn. Bhd. 2024 2023 2022 RM’000 RM’000 RM’000 (Dinyatakan (Dinyatakan semula) semula)
Held through Benta Wawasan Sdn. Bhd. Benta Agrotech Malaysia Sdn. Bhd.
Pengeluar dan peruncit baja agrikultur
49
49
Kaedah ekuiti
Agensi penempatan pekerjaan
30
-
Kaedah ekuiti
Held through Inno Success Sdn. Bhd.: Agensi Pekerjaan Legacy Success Sdn. Bhd.
Malaysia
^ Bersamaan dengan bahagian hak mengundi dipegang. ~ Maklumat kewangan Sunlight Inno Seafood Sdn. Bhd. bagi tujuan menggunapakai kaedah ekuiti adalah berdasarkan kepada akaun pengurusan terkini disediakan oleh syarikat bersekutu. Penyata kewangan syarikat bersekutu sehingga 2019 telah diaudit oleh firma-firma selain daripada Ernst & Young PLT, dan untuk tahun-tahun kewangan selepas 2019, penyata kewangan diaudit tidak tersedia buat masa ini. Kumpulan telah menilai bawaan pelaburan dalam syarikat bersekutu, dan pelarasan wajar telah dibuat untuk menggambarkan penilaian pengurusan terhadap kedudukan dan prestasi kewangan syarikat bersekutu.
Aset bukan semasa Aset semasa Jumlah aset
1,527,394 273,863 1,801,257
1,529,663 209,883 1,739,546
1,549,603 260,113 1,809,716
Liabiliti bukan semasa Liabiliti semasa Jumlah liabiliti
990,100 452,901 1,443,001
1,040,188 313,042 1,353,230
1,258,671 175,653 1,434,324
(10,682) 347,574
(10,271) 376,045
375,392
Tolak: Kepentingan bukan kawalan Aset bersih
(ii) Ringkasan penyata untung atau rugi dan pendapatan komprehensif lain Syarikat bersekutu bagi kumpulan syarikat Innoprise Corporation Sdn. Bhd. 2024 2023 2022 RM’000 RM’000 RM’000 (Dinyatakan (Dinyatakan semula) semula) Pendapatan Untung/(rugi) sebelum cukai (Rugi)/untung bersih selepas cukai Pendapatan komprehensif lain Jumlah (rugi)/untung komprehensif Dividen diterima daripada syarikat bersekutu pada tahun semasa
88
89
528,730 1,811 (6,333) (6,333)
401,690 (105,530) (107,707) (107,707)
423,045 82,533 75,260 75,260
(8,563)
(6,136)
(5,370)
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024 21.
20. Pelaburan dalam syarikat bersekutu (sambungan) (iii) Penyesuaian daripada ringkasan maklumat kewangan yang dibentangkan di atas pada nilai bawaan kepentingan Kumpulan dalam syarikat bersekutu. Syarikat bersekutu bagi kumpulan syarikat Innoprise Corporation Sdn. Bhd. 2024 2023 2022 RM’000 RM’000 RM’000 (Dinyatakan (Dinyatakan semula) semula)
a) Butiran syarikat usahasama Kumpulan adalah seperti berikut:
Nama
Negara diperbadankan/ tempat perniagaan utama Aktiviti utama
Samel Malaysia Plantation Sdn. Bhd.
376,045
375,392
283,568
(Rugi)/untung pada tahun semasa Pendapatan komprehensif lain Terbitan saham Nyahiktirafan Bayaran dividen Pengambilalihan Saham keutamaan boleh ditebus diklasifikasikan sebagai ekuiti Aset bersih pada 31 Disember Tolak: Saham keutamaan boleh ditebus oleh kepentingan bukan kawalan
(6,333) (22,100) (38)
(107,707) 24,500 60 (17,200) 1,000
75,260 35 (16,400) -
Dipegang melalui Inno Resources Development Sdn. Bhd:
347,574
100,000 376,045
375,392
(100,000) 247,574
(100,000) 276,045
375,392
Dipegang melalui Sunwise Crystal Sdn. Bhd.: Borneo Bandwidth Malaysia Sdn. Bhd.
10% - 49% (29,425)
10% - 49% (37,647)
10% - 49% (54,343)
107,510
98,837
89,249
Pelaburan dalam syarikat usahasama 2024 RM’000
Saham tidak tersiar harga, pada kos Rizab bahagian pasca-pengambilalihan
133,710 286,602 420,312 420,312
Tolak: Kerugian rosotnilai terkumpul
90
Kumpulan 2023 RM’000 (Dinyatakan semula)
2022 RM’000 (Dinyatakan semula)
133,710 224,842 358,552 358,552
133,710 137,072 270,782 270,782
% kepentingan pemilikan Model dipegang oleh perakaunan Kumpulan^ digunapakai 2024 2023
Dipegang melalui B.W. Plantations Sdn. Bhd.:
Aset bersih pada 1 Januari
Kepentingan dalam syarikat bersekutu Rosotnilai Nilai bawaan kepentingan Kumpulan dalam syarikat bersekutu 21.
Pelaburan dalam syarikat usahasama (sambungan)
Permata Sekitar Sdn. Bhd.
Malaysia
Operasi perladangan kelapa sawit
49
49
Kaedah ekuiti
Penanaman dan jualan rumpai laut
29
29
Kaedah ekuiti
Meneroka dan mengembangkan perniagaan ICT
50
50
Kaedah ekuiti
Dipegang melalui NRG Consortium (Sabah) Sdn. Bhd.: Kimanis Power Sdn. Bhd.
Malaysia
Penjanaan dan jualan elektrik
39
39
Kaedah ekuiti
Kimanis O&M Sdn. Bhd.
Malaysia
Penyediaan perkhidmatan operasi dan penyelenggaraan
39
39
Kaedah ekuiti
Kimanis Power (Dua) Sdn. Bhd.
Malaysia
Penjanaan dan jualan elektrik
40
-
Kaedah ekuiti
Perlombongan dan kuari
50
50
Kaedah ekuiti
Agensi penempatan pekerjaan dan pegangan pelaburan
61
-
Kaedah ekuiti
Dipegang melalui YSG Silica Sdn. Bhd.: Inno Aura Silica Sdn. Bhd.
Malaysia
Held through Innoprise Holdings Sdn. Bhd.: Inno Success Sdn. Malaysia Bhd.
91
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
21.
21.
Pelaburan dalam syarikat usahasama (sambungan) a) Butiran syarikat usahasama Kumpulan adalah seperti berikut: (sambungan)
Nama
Negara diperbadankan/ tempat perniagaan utama Aktiviti utama
Pelaburan dalam syarikat usahasama (sambungan) b) Ringkasan maklumat kewangan terhadap setiap syarikat usahasama Kumpulan:
% kepentingan Model pemilikan dipegang oleh perakaunan Kumpulan^ digunapakai 2024 2023
Ringkasan maklumat mewakili amaun dalam penyata kewangan MFRS syarikat usahasama dan bukan jumlah kepentingan Kumpulan. (i) Ringkasan penyata kedudukan kewangan Syarikat usahasama kumpulan syarikat Innoprise Corporation Sdn. Bhd. 2024 2023 2022 RM’000 RM’000 RM’000 (Dinyatakan (Dinyatakan semula) semula)
Held through Innoprise Holdings Sdn. Bhd. (continued): Inno Mudah Healthcare Sdn. Bhd.
Malaysia
Perkhidmatan perundingan pengurusan perniagaan
51
-
Kaedah ekuiti
^ Bersamaan dengan bahagian hak mengundi dipegang.
Kumpulan memegang pelbagai peratusan hak mengundi dalam perjanjian usahasama. Di bawah perjanjian kontrak, persetujuan semua perlu daripada semua pihak terlibat dalam usahasama bagi semua kegiatan berkaitan. Perjanjian usahasama terbentuk melalui entiti yang berasingan dan memberikan hak kepada Kumpulan atas aset bersih entiti di bawah perjanjian tersebut. Oleh itu, entiti tersebut telah dikelaskan sebagai usahasama Kumpulan. a. Kimanis Power (Dua) Sdn. Bhd. Sepanjang tahun kewangan, syarikat subsidiari Kumpulan, NRG Consortium (Sabah) Sdn. Bhd., telah melanggan 4,000,000 saham biasa pada harga RM1 seunit, dan 42,000 saham keutamaan boleh tebus pada RM1,000 seunit saham keutamaan boleh tebus dalam Kimanis Power (Dua) Sdn. Bhd., untuk sejumlah balasan nilai sebanyak RM46,000,000 menurut Perjanjian Pembangunan Bersama bertarikh 1 November 2023 yang dimeterai antara syarikat subsidiari dan Petronas Gas Berhad. Selepas langganan, bahagian kepentingan ekuiti yang dipegang oleh syarikat subsidiari menjadi 40%, kepentingan penyertaan syarikat subsidiari dalam syarikat usahasama seperti terkandung dalam Perjanjian Pemegang Saham bertarikh 29 Ogos 2024. b. Inno Success Sdn. Bhd. Sepanjang tahun kewangan, syarikat subsidiary Kumpulan, Innoprise Holdings Sdn. Bhd., telah melanggan 610 saham biasa dalam Inno Success Sdn. Bhd. pada RM1 seunit. Selepas langganan, Inno Success Sdn. Bhd. menjadi syarikat usahasama Kumpulan.
Aset bukan semasa Aset semasa Jumlah aset
1,028,499 422,034 1,450,533
1,117,152 345,151 1,462,303
1,176,462 304,619 1,481,081
Liabiliti bukan semasa Liabiliti semasa Jumlah liabiliti
77,507 353,784 431,291
389,951 209,622 599,573
641,802 194,543 836,345
1,019,242 1,019,242
862,730 862,730
644,736 644,736
Aset bersih Tolak: Kepentingan bukan kawalan Aset bersih
(ii) Ringkasan penyata untung atau rugi dan penyata komprehensif lain Pendapatan Untung sebelum cukai Untung bersih selepas cukai (Rugi)/untung komprehensif lain Jumlah pendapatan komprehensif Dividen diterima dari syarikat usahasama pada tahun semasa
c. Inno Mudah Healthcare Sdn. Bhd. Sepanjang tahun kewangan, syarikat subsidiary Kumpulan, Innoprise Holdings Sdn. Bhd., telah melanggan 510 saham biasa dalam Inno Mudah Healthcare Sdn. Bhd. pada RM1 seunit. Selepas langganan, Inno Mudah Healthcare Sdn. Bhd. menjadi syarikat usahasama Kumpulan. Tiada harga pasaran diperoleh bagi saham syarikat-syarikat tersebut kerana ianya adalah syarikat persendirian. Syarikat tersebut adalah strategik bagi perkembangan perniagaan. 92
93
221,883 78,432 54,553 (13,043) 41,510
219,264 94,114 274,587 3,407 277,994
227,456 67,439 49,665 8,657 58,322
-
(24,000)
(20,000)
Pinjaman pengajian adalah tidak bercagar dan tidak dikenakan faedah.
94
21,720
(10,490) (4,747) (171) (20,530) (39,069) 228,379
-
-
-
(303) 614 211 (17,576) (17,162) 10,595
21,720
(10,187) (5,361) (382) (2,954) (21,907) 217,784
-
95
-
(3,131) -
235,780 37,332 (5,664) 267,448 7,514 3,964 16,279 27,757
(108) (3,023) (173)
(173) (173)
21,720
72,346 2,508 (10,612) 64,242
23,110 64 243 (15,685) 7,593 6,428
64,242 1,627 65,869
(33,297) (5,425) (625) 12,731 (29,327) 211,529
58,343 (30,118) 28,225 68,877
Diiktiraf dalam Pada 1 Januari untung atau 2023 rugi RM’000 RM’000
9,889 9,889 69,271
Aset cukai tertunda: Lain-lain
Pergerakan dalam akaun elaun: Pada 1 Januari Caj dalam tahun semasa Pembalikan kerugian rosotnilai Pada 31 Disember
74,776 (34,124) 40,652
Yayasan
Semasa Pinjaman pengajian Tolak: Elaun rosotnilai – rosotnilai secara individu
125,251 (65,869) 59,382
Cukai tertunda
Bukan semasa Pinjaman pengajian Tolak: Elaun rosotnilai – rosotnilai secara individu
23.
Kumpulan dan Yayasan 2024 2023 RM’000 RM’000
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Pinjaman pengajian
(139)
270,782
(2,711)
358,552
Aset cukai tertunda: Liabiliti manfaat pekerja ditentukan Kerugian cukai belum digunakan dan elaun belum diserap Liabiliti pajakan Peruntukan Lain-lain
420,312
228,266 33,368 (21,943) 239,691
636,414 49,665 8,657 (50,000) 644,736 30%-51%
-
644,736 274,587 3,407 (60,000) 862,730 30%-51%
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
22.
862,730 54,553 (13,043) 115,002 1,019,242 30%-51%
Diiktiraf dalam pendapatan komprehensif lain RM’000
Aset bersih pada 1 Januari Untung pada tahun semasa Pendapatan komprehensif lain Bayaran dividen Terbitan saham biasa Aset bersih pada 31 Disember Kepentingan dalam usahasama Nilai bawaan kepentingan Kumpulan dalam syarikat usahasama
Diiktiraf Pada 31 dalam Disember untung atau 2023 rugi RM’000 RM’000
Syarikat usahasama kumpulan syarikat Innoprise Corporation Sdn. Bhd. 2024 2023 2022 RM’000 RM’000 RM’000 (Dinyatakan (Dinyatakan semula) semula)
(19,327) 1,538 16,624 (1,165)
c) Penyesuaian daripada ringkasan maklumat kewangan yang dibentangkan di atas pada nilai bawaan kepentingan Kumpulan dalam syarikat usahasama.
247,593 31,830 (38,567) 240,856
Pelaburan dalam syarikat usahasama (sambungan)
Kumpulan
21.
Diiktiraf dalam pendapatan komprehensif lain RM’000
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Liabiliti cukai tertunda: Hartanah, loji dan peralatan Aset biologi Lain-lain
Pada 31 Disember 2024 RM’000
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
23.
24.
Cukai tertunda (sambungan) Kumpulan 2024 2023 RM’000 RM’000
Yayasan 2024 RM’000
Kumpulan 2024 2023 RM’000 RM’000
2023 RM’000
Yayasan 2024 RM’000
2023 RM’000
Semasa
Dibentangkan selepas pelarasan sewajarnya berikut: Aset cukai tertunda Liabiliti cukai tertunda
Akaun terimaan dagangan dan lain
(22,608) 250,987 228,379
(21,907) 239,691 217,784
(21,720) (21,720)
(21,720) (21,720)
Aset cukai tertunda belum diiktiraf bagi perkara berikut:
Kerugian cukai belum digunakan Elaun modal tidak diserap Elaun pertanian tidak diserap Lain-lain
Kumpulan 2024 RM’000 516,289 104,404 91,076 166,363
2023 RM’000 489,975 105,328 100,977 165,819
Kadar cukai berkanun
878,132 24%
862,099 24%
Aset cukai tertunda
210,752
206,904
Kerugian cukai belum diiktiraf dan elaun modal belum diserap Pada tarikh pelaporan, Kumpulan mempunyai kerugian cukai sebanyak RM516,289,000 (2023: RM489,975,000), elaun modal belum diserap sebanyak RM104,404,000 (2023: RM105,328,000) dan elaun pertanian belum diserap sebanyak RM91,076,000 (2023: RM100,977,000) yang tersedia untuk dilaraskan dengan keuntungan bercukai masa depan syarikat masing-masing, di mana tiada aset cukai tertunda diiktiraf kerana tidak berkemungkinan bahawa keuntungan boleh dicukai masa depan akan tersedia di mana Kumpulan boleh menggunakan manfaat daripadanya. Penggunaan kerugian cukai dan elaun modal belum diserap adalah tertakluk kepada persetujuan pihak berkuasa cukai dan mematuhi peruntukan undang-undang cukai tertentu. Kerugian cukai yang belum diiktiraf akan tamat tempoh seperti berikut: 2024 2023 RM’000 RM’000 Tahun taksiran 2028 Tahun taksiran 2029 Tahun taksiran 2030 Tahun taksiran 2031 Tahun taksiran 2032 Tahun taksiran 2033 Tahun taksiran 2034
319,907 22,505 27,008 33,684 49,411 37,779 25,995 516,289 96
319,907 22,505 27,008 33,684 49,237 37,634 489,975
Akaun terimaan Pihak ketiga Amaun terhutang daripada pihak berkaitan: Syarikat usahasama Tolak: Elaun rosotnilai: Pihak ketiga Akaun terimaan dagangan, bersih Akaun terimaan lain Amaun terhutang daripada pihak berkaitan: Syarikat subsidiari Syarikat bersekutu Syarikat usahasama Amaun terhutang daripada Kerajaan Negeri Sabah Deposit boleh dikembalikan Akaun terimaan lain Cukai barangan dan perkhidmatan belum diterima
Tolak: Elaun rosotnilai: Syarikat subsidiari Syarikat bersekutu Syarikat usahasama Pihak ketiga Akaun terimaan lain, bersih
72,822
69,003
-
-
51 72,873
51 69,054
-
-
(14,396)
(17,895)
-
-
58,477
51,159
-
-
1,064 1,733 2,797
1,063 1,710 2,773
37,430 37,430
30,286 30,286
12,198 3,983 27,846
12,198 3,470 45,453
149 2,066
167 2,727
44,027 46,824
1 61,122 63,895
2,215 39,645
1 2,895 33,181
(697) (31,244) (31,941) 14,883 73,360
(5) (650) (30,600) (31,255) 32,640 83,799
(29,149) (844) (29,993) 9,652 9,652
(30,044) (831) (30,875) 2,306 2,306
97
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
24.
24.
Akaun terimaan dagangan dan lain (sambungan) Kumpulan 2024 2023 RM’000 RM’000
Bukan semasa Akaun terimaan lain Hak konsesi kayu terimaan daripada syarikat subsidiari Pihak ketiga
(a)
2023 RM’000
469 469
604 604
90,000 90,000
91,250 91,250
(69) 400 400
(69) 535 535
90,000 90,000
91,250 91,250
73,760 69,271 999,609
84,334 68,877 959,558
99,652 69,271 143,172
93,556 68,877 131,083
-
(1)
-
(1)
1,142,640
1,112,768
312,095
293,515
Tolak: Elaun rosotnilai: Pihak ketiga
Jumlah akaun terimaan dagangan dan lain Tambah: Pinjaman pengajian Tambah: Baki tunai dan bank Tolak: Cukai Brangan dan perkhidmatan boleh dikembalikan Jumlah aset kewangan diukur pada kos terlunas
Yayasan 2024 RM’000
Akaun terimaan dagangan dan lain (sambungan) (a)
Akaun terimaan lain – baki pihak berkaitan (i) Amaun terhutang daripada pihak berkaitan Amaun terhutang daripada pihak berkaitan adalah tanpa cagaran, tidak dikenakan faedah dan perlu dibayar balik atas permintaan. (ii) Hak konsesi kayu terimaan daripada syarikat subsidiari (bukan semasa) Yayasan Sabah telah memberikan semua hak dan obligasi di bawah SFMLA 09/97 (seperti dalam Nota 18) kepada syarikat subsidiari. Baki daripada balasan belum bayar pada 1 Januari 1998 adalah RM135,000,000 dan boleh dibayar dengan ansuran tahunan sebanyak RM1,875,000. Faedah dikenakan atas baki belum bayar pada kadar 8% setahun. Pada tahun 2023, kelulusan telah diberikan oleh Yayasan Sabah bagi semakan semula ansuran tahunan kepada RM1,250,000 dan semakan semula faedah dikenakan atas baki belum bayar kepada 2% setahun.
(b)
Amaun terhutang daripada Kerajaan Negeri Sabah Ini berkaitan belanja yang dibayar dan pendahuluan yang dibuat oleh subsidiari bagi pihak Kerajaan Negeri Sabah untuk projek pembinaan kompleks sukan dan rekreasi.
(c)
Akaun terimaan lain yang dirosotnilai Pergerakan dalam akaun elaun:
Akaun terimaan dagangan Jangkaan kerugian kredit Pergerakan dalam peruntukan untuk jangkaan kerugian kredit belum terima dagangan yang dikira berdasarkan jangka hayat ECL adalah seperti berikut: Kumpulan 2024 2023 RM’000 RM’000 Pada 1 Januari Dikenakan pada tahun semasa Dihapuskira Pembalikan kerugian rosotnilai
17,895 1,220 (892) (3,827)
18,359 721 (640) (545)
Pada 31 Disember
14,396
17,895
Pada 1 Januari Dikenakan pada tahun semasa Dihapuskira Pembalikan kerugian rosotnilai Pada 31 Disember
Kumpulan 2024 2023 RM’000 RM’000
Yayasan 2024 2023 RM’000 RM’000
31,324 19,720 (16,169) (2,865) 32,010
30,875 51 (933) 29,993
Belum terima dagangan yang dirosotnilai secara individu pada tarikh pelaporan adalah berkaitan dengan penghutang yang mempunyai kesukaran kewangan yang ketara dan gagal dalam membuat pembayaran.
98
99
31,675 33,664 (34,015) 31,324
49,669 15,057 (33,851) 30,875
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
25. Sekuriti pelaburan
27. 2024 RM’000
Bukan semasa Pada nilai saksama melalui pendapatan komprehensif lain - Instrumen ekuiti (tersiar harga di Malaysia) - Instrumen ekuiti (tersiar harga di Malaysia) Semasa Pada nilai saksama melalui untung atau rugi Sekuriti tersiar harga - di Malaysia - di luar Malaysia Dana unit amanah
Jumlah aset kewangan pada nilai saksama melalui untung atau rugi 26.
Kumpulan 2023 RM’000
2024 RM’000
Yayasan
Nilai boleh direalisasikan bersih Produk kayu dan log Minyak sawit mentah dan biji kelapa sawit
Kumpulan 2024 2023 RM’000 RM’000
2023 RM’000 Semasa Prabayaran belanja modal
121,209
158,023
-
-
99,693 220,902
73,931 231,954
-
-
188,292 16,377 67,309 271,978
163,910 11,991 54,461 230,362
96,714 2,819 99,533
85,328 2,638 87,966
271,978
230,362
99,533
87,966
Inventori Kos/nilai saksama Produk kayu dan log Tandan buah segar, sawit mentah dan biji kelapa sawit Produk pembuatan Inventori perdagangan Barangan, stor dan bekalan Barangan dalam transit Lain-lain
Aset-aset lain
1,823
3,781
-
-
12,929 7,041 1,206 17,276 159 1,353
14,079 8,009 1,433 19,450 1,380
166 -
105 -
41,787
48,132
166
105
54
57
-
3,338 3,392
8,365 8,422
45,179
56,554
100
6,335
3,182
Yayasan 2024 2023 RM’000 RM’000 2
2
Prabayaran belanja modal (bukan semasa) mewakili sebahagian bayaran untuk membeli peralatan di mana penghantaran akan dilakukan kepada Kumpulan selepas tarikh pelaporan. 28.
Tunai dan baki di bank
Tunai di tangan dan di bank Deposit jangka pendek dengan: Institusi kewangan berlesen Institusi kewangan lain Tunai dipegang oleh pengurus dana Deposit lain dengan kematangan melebihi 3 bulan Deposit dijamin Tunai dan baki di bank
Kumpulan 2024 2023 RM’000 RM’000
Yayasan 2024 2023 RM’000 RM’000
239,843
220,491
37,398
28,996
665,695 60,549
657,166 65,056
45,935 59,722
38,815 62,461
2,504
4,193
-
-
28,050 2,968 999,609
9,709 2,943 959,558
117 143,172
811 131,083
Bagi tujuan penyata aliran tunai, tunai dan tunai setara pada tarikh pelaporan merangkumi perkara berikut: Kumpulan 2024 2023 RM’000 RM’000
Yayasan 2024 2023 RM’000 RM’000
Tunai di tangan dan di bank Deposit jangka pendek dengan: Institusi kewangan berlesen Institusi kewangan lain
239,843
220,491
37,398
28,996
665,695 60,549
657,166 65,056
45,935 59,722
38,815 62,461
-
Tunai dan kesetaraan tunai
966,087
942,713
143,055
130,272
-
-
166
105
Tunai di bank mendapat faedah pada kadar terapung berdasarkan kadar deposit bank harian. Deposit dilakukan dalam pelbagai tempoh antara satu hari hingga dua belas bulan bergantung pada keperluan tunai segera, dan memperoleh faedah pada kadar deposit yang berkaitan. Kadar faedah purata wajaran yang berkesan pada 31 Disember 2024 bagi Kumpulan dan Yayasan ialah 3.7% (2023: 3.8%) dan 3.89% (2023: 3.68%) masing-masing. 101
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
28.
29.
Tunai dan baki di bank (sambungan) Tunai di bank dan deposit Kumpulan dengan institusi kewangan berlesen berjumlah RM2,968,000 (2023: RM2,943,000) adalah dicagar sebagai sekuriti bagi jaminan dan kemudahan bank yang diberikan kepada syarikat-syarikat subsidiari tertentu.
29.
Pinjaman dan pembiayaan Kematangan Semasa Bercagar: Kredit pusingan Pinjaman bank Pinjaman berjangka
2025 2025
Bukan semasa Bercagar: Pinjaman bank - kos dana – 1.75% setahun RM pinjaman Pinjaman berjangka
Kumpulan 2024 2023 RM’000 RM’000 46,000 6,834 40,400 93,234
6,505 40,445 46,950
Pada 18 Februari 2017, sebuah subsidiari, Innoprise Corporation Sdn. Bhd. membuat perjanjian kemudahan pinjaman berjangka bersindiket dengan AmInvestment Bank Berhad dan Sabah Development Bank Berhad bagi menjamin kemudahan pinjaman bernilai RM355 juta. Pada 28 Julai 2020, Sabah Development Bank Berhad bersetuju untuk mengambilalih komitmen pinjaman AmBank dengan jumlah sehingga RM255 juta. Latihan pengambilalihan bermula dari 30 Julai 2021. Pinjaman ini diberikan kepada Kumpulan bagi tujuan membiayai sebahagian belanja modal dan belanja yang berkaitan yang melibatkan pembinaan Pusat Konvensyen Antarabangsa Sabah (SICC). Terma utama pinjaman adalah seperti berikut: Pembayaran:
Melebihi dua puluh sembilan ansuran suku tahunan.
Faedah:
Akan menanggung faedah pada 0.5% di bawah kadar pinjaman asas setahun, dikira dan dibayar secara bulanan.
Kemudahan pinjaman berjangka ini dijamin oleh:
2027 2027
Jumlah pinjaman dan pembiayaan
6,808 196,400 203,208 296,442
13,605 236,800 250,405 297,355
Baki kematangan pinjaman dan pembiayaan pada 31 Disember 2024 adalah seperti berikut: Kumpulan 2024 2023 RM’000 RM’000 Atas tuntutan atau dalam masa setahun Lebih daripada 1 tahun dan kurang daripada 2 tahun Lebih daripada 2 tahun dan kurang daripada 5 tahun 5 tahun atau lebih
102
Pinjaman dan pembiayaan (sambungan)
93,234 45,788 115,660 41,760 296,442
46,950 47,236 121,009 82,160 297,355
a) b) c) d) e)
surat sokongan daripada Yayasan Sabah; penyerahan hak dan caj ke atas akaun yang ditetapkan; penyerahan hak kontrak Takaful/insurans berkaitan projek tersebut; penyerahan sumbangan daripada pihak berkaitan untuk pembinaan stesen kecil untuk Sabah Electricity Sdn Bhd; penyerahan Bon Pelaksanaan oleh kontraktor turnkey projek.
Pinjaman dan pembiayaan bercagar lain Pinjaman dan pembiayaan adalah dicagar seperti berikut: a) caj undang-undang pertama ke atas kapal dan penyerahan semua balasan kontrak dari jualan minyak sawit mentah subsidiari; b) penyerahan hak, hakmilik dan kepentingan termasuk tetapi tidak terhad kepada hak untuk menduduki dan membangunkan sebidang tanah subsidiari; c) deposit dengan institut kewangan berlesen subsidiari; dan d) jaminan korporat oleh subsidiari.
103
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024 29.
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Pinjaman dan pembiayaan (sambungan)
29.
Penyesuaian liabiliti yang terhasil daripada aktiviti kewangan adalah seperti berikut:
Penyesuaian liabiliti yang terhasil daripada aktiviti kewangan adalah seperti berikut:
Perubahan bukan tunai 01.01.2024 RM’000
Aliran tunai RM’000
Kumpulan Pinjaman bank - semasa - bukan semasa
6,505 13,605
Pinjaman berjangka - semasa - bukan semasa Kredit pusingan - semasa Liabiliti pajakan - semasa - bukan semasa Jumlah
Perubahan bukan tunai
Tambahan RM’000
Peningkatan faedah RM’000
Lain-lain RM’000
31.12.2024 RM’000
(7,361) -
-
893 -
6,797 (6,797)
6,834 6,808
40,445 236,800
(61,759) -
-
21,314 -
40,400 (40,400)
40,400 196,400
-
(24)
46,000
24
-
46,000
1,950 2,318 301,623
(1,833) (70,977)
136 46,136
184 22,415
Pinjaman dan pembiayaan (sambungan)
1,405 (1,405) -
1,842 913 299,197
01.01.2023 RM’000
Aliran tunai RM’000
Tambahan RM’000
Peningkatan faedah RM’000
Lain-lain RM’000
31.12.2023 RM’000
16,060 20,137
(17,405) -
-
1,318 -
6,532 (6,532)
6,505 13,605
-
(11)
-
11
-
-
Pinjaman berjangka - semasa - bukan semasa
47,400 244,384
(32,682) -
-
18,143 -
7,584 (7,584)
40,445 236,800
Kredit pusingan - semasa
10,000
(10,253)
-
253
-
-
Liabiliti pajakan - semasa - bukan semasa Jumlah
1,837 6,070 345,888
(2,266) (62,617)
1,426 1,426
282 20,007
671 (3,752) (3,081)
1,950 2,318 301,623
Kumpulan Pinjaman bank - semasa - bukan semasa Penerimaan bank - semasa
Ruangan ‘lain-lain’ berkaitan pengkelasan semula bahagian bukan semasa pinjaman dan pembiayaan termasuk obligasi di bawah pajakan kewangan disebabkan oleh perjalanan masa, konsesi sewa dan penyahiktirafan liabiliti pajakan.
104
105
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
30.
31.
Akaun bayaran dagangan dan lain Kumpulan 2024 2023 RM’000 RM’000 Akaun bayaran dagangan Pihak ketiga Syarikat bersekutu Akaun bayaran lain Amaun terhutang kepada pihak berkaitan: - Pengarah - Pemegang saham minority - Syarikat subsidiari Perbelanjaan operasi terakru Deposit boleh dikembalikan Akaun bayaran lain
Jumlah akaun bayaran dagangan dan lain Tambah: Pinjaman dan pembiayaan (Nota 29) Tambah: Liabiliti pajakan (Nota 31) Jumlah liabiliti kewangan dibawa pada kos terlunas
21,898 2,252 24,150
38,204 4,642 42,846
Yayasan 2024 RM’000 -
Sebagai pemajak 2023 RM’000 -
459 4,040 4,499
458 4,040 4,498
257,135 257,135
319,903 319,903
72,402 7,072 353,098 432,572 437,071
55,852 6,787 320,139 387,276 430,122
1,591 177,032 435,758 435,758
1,434 140,939 462,276 462,276
461,221
430,122
435,758
462,276
296,442 2,755
297,355 4,268
97
157
760,418
731,745
435,855
462,433
(a)
Akaun bayaran dagangan Akaun bayaran dagangan adalah bebas faedah dan terma kredit perdagangan biasa diberikan kepada Kumpulan dalam lingkungan satu bulan hingga tiga bulan.
(b)
Akaun bayaran lain Akaun bayaran lain adalah bebas faedah. Akaun bayaran lain biasanya diselesaikan dalam tempoh purata 6 bulan (2023: 6 bulan).
(c)
Pajakan
Amaun terhutang kepada pihak berkaitan Amaun terhutang kepada pihak berkaitan adalah tidak bercagar, bebas faedah dan dibayar apabila dituntut.
Kumpulan dan Yayasan mempunyai kontrak pajakan untuk tanah, premis bangunan, kenderaan bermotor dan peralatan pejabat dengan terma pajakan masing-masing yang digunakan dalam operasi mereka. Obligasi Kumpulan dan Yayasan bagi pajakan mereka dijamin oleh hak pemilikan pemberi pajakan atas aset yang dipajak. Kumpulan dan Yayasan juga mempunyai pajakan hartanah tertentu dengan tempoh pajakan 12 bulan atau kurang. Kumpulan dan Yayasan menggunakan pengecualian pengiktirafan ‘sewa jangka pendek’ untuk pajakan ini. Kumpulan dan Yayasan juga mempunyai pajakan peralatan tertentu dengan nilai rendah. Kumpulan dan Yayasan menggunakan pengecualian pengiktirafan ‘aset bernilai rendah’ untuk pajakan ini. Berikut adalah nilai bawaan hak mengguna aset dan pergerakan semasa tempoh tersebut:
Kumpulan Kos Pada 1 Januari 2023 Tambahan Pengkelasan semula Dinyahiktiraf Dihapuskira Pada 31 Disember 2023 dan 1 Januari 2024 Tambahan Dinyahiktiraf Pelupusan Pengkelasan semula kepada hartanah loji dan peralatan Pada 31 Disember 2024 Susutnilai terkumpul Pada 1 Januari 2023 Susutnilai bagi tahun semasa Dinyahiktiraf Pengkelasan semula Dihapuskira Pada 31 Disember 2023 dan 1 Januari 2024 Susutnilai bagi tahun semasa Dinyahiktiraf Pelupusan Pengkelasan semula kepada hartanah, loji dan peralatan Pada 31 Disember 2024 Nilai bawaan bersih Pada 31 Disember 2023 Pada 31 Disember 2024
106
Tanah pajakan jangka panjang RM’000
Tanah pajakan jangka pendek RM’000
Premis pejabat RM’000
Kenderaan bermotor RM’000
Aset lain RM’000
Jumlah RM’000
13,572 -
55 -
4,752 567 (3,332) (1)
3,556 528 (618) -
5,178 401 (1,029) -
27,113 1,496 (1,647) (3,332) (1)
13,572 (261)
55 -
1,986 38 (417) -
3,466 -
4,550 98 -
23,629 136 (417) (261)
13,311
55
1,607
3,466
(1,235) 3,413
(1,235) 21,852
5,350 173 -
55 -
1,608 371 (1,353) (1)
1,190 377 (618) -
2,689 576 (1,029) -
10,892 1,497 (1,353) (1,647) (1)
5,523 173 (5)
55 -
625 379 (417) -
949 397 -
2,236 578 -
9,388 1,527 (417) (5)
5,691
55
587
1,346
(868) 1,946
(868) 9,625
8,049 7,620
-
1,361 1,020
2,517 2,120
2,314 1,467
14,241 12,227
107
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
31.
31.
Pajakan (sambungan) Sebagai pemajak (sambungan)
Premis bangunan RM’000
Yayasan Kos Pada 1 Januari 2023 Tambahan Pada 31 Disember 2023 dan 1 Januari 2024 Tambahan Pada 31 Disember 2024
310 310 310
Susutnilai terkumpul Pada 1 Januari 2023 Susutnilai bagi tahun semasa Pada 31 Disember 2023 dan 1 Januari 2024 Susutnilai bagi tahun semasa Pada 31 Disember 2024
103 59 162 83 245
Nilai bawaan bersih Pada 31 Disember 2023
148
Pada 31 Disember 2024
65
108
Pajakan (sambungan)
Pada 1Januari 2023 Tambahan Konsesi sewa Dinyahiktiraf Peningkatan faedah Pembayaran Pada 31 Disember 2023 dan 1 Januari 2024 Tambahan Peningkatan faedah Pembayaran Pada 31 Disember 2024
2024 Semasa Bukan semasa
2023 Semasa Bukan semasa
Kumpulan RM’000
Yayasan RM’000
7,907 1,426 (30) (3,051) 282 (2,266) 4,268 136 184 (1,833) 2,755
213 13 (69) 157 9 (69) 97
Kadar faedah %
Kematangan
Kumpulan RM’000
Yayasan RM’000
3.55% - 8.00% 3.55% - 8.00%
2025 2026 – 2070
1,842 913 2,755
46 51 97
3.55% - 8.00% 3.55% - 8.00%
2024 2024 – 2070
1,950 2,318 4,268
60 97 157
109
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
31.
Pajakan (sambungan)
32.
Liabiliti kontrak
Sebagai pemajak (sambungan)
Kumpulan 2024 2023 RM’000 RM’000
Berikut merupakan amaun yang diiktiraf di untung atau rugi: 2024 Belanja susutnilai bagi aset hak mengguna Belanja faedah atas liabiliti pajakan Belanja berkaitan pajakan bernilai rendah Belanja berkaitan pajakan jangka pendek Belanja berkaitan pajakan berubah-ubah tidak termasuk dalam pengukuran liabiliti pajakan Jumlah amaun diiktiraf dalam untung atau rugi 2023 Belanja susutnilai bagi aset hak mengguna Belanja faedah atas liabiliti pajakan Belanja berkaitan pajakan bernilai rendah Belanja berkaitan pajakan jangka pendek Untung bersih atas penyahiktirafan pajakan Konsesi sewa Jumlah amaun diiktiraf dalam untung atau rugi
Kumpulan RM’000
Yayasan RM’000
1,527 184 458 1,169
83 9 65 22
1,029 4,367
179
1,497 282 476 1,189 (1,072) (30) 2,342
59 13 64 15 151
Pada tahun ini, Kumpulan dan Yayasan mempunyai jumlah aliran keluar tunai untuk pajakan sebanyak RM3,460,000 (2023: RM3,931,000) dan RM156,000 (2023: RM148,000) pada tahun 2024. Kumpulan dan Yayasan juga mempunyai tambahan bukan tunai kepada aset hak guna dan liabiliti pajakan sebanyak RM136,000 (2023: RM1,426,000) dan tiada (2023: tiada) masing-masing pada tahun 2024. Kumpulan sebagai pemberi pajakan Kumpulan telah membuat pajakan operasi atas portfolio hartanah pelaburannya yang terdiri daripada tanah pegangan pajak dan premis pejabat. Pajakan ini mempunyai baki tempoh pajakan antara 1 tahun hingga 92 tahun. Pendapatan sewa yang diiktiraf oleh Kumpulan dan Yayasan didedahkan di Nota 4. Sewa minimum masa depan yang dapat diterima di bawah pajakan operasi yang tidak dapat dibatalkan pada 31 Disember 2024 adalah seperti berikut: Kumpulan Yayasan 2024 2023 2024 2023 RM’000 RM’000 RM’000 RM’000 Dalam setahun Selepas setahun tetapi tidak melebihi lima tahun Melebihi lima tahun
965
965
-
-
3,903 37,553 42,421
3,963 38,426 43,354
-
-
110
Pendapatan tertunda daripada terimaan geran Deposit dan bayaran pendahuluan tetamu Pendahuluan yuran pengajian diterima
9,023 9,341 2,531
10,000 4,449 2,102
20,895
16,551
Liabiliti kontrak terutamanya berkaitan dengan kewajipan Kumpulan untuk memindahkan barang dan perkhidmatan kepada pelanggan yang mana Kumpulan telah menerima deposit dan bayaran pendahuluan dari para tetamu dan pendahuluan diterima daripada pelajar untuk kursus. Liabiliti kontrak diiktiraf sebagai pendapatan apabila Kumpulan melaksanakan kontrak tersebut. 33.
Aset dan liabiliti manfaat pekerja ditentukan Kumpulan mengendalikan dana pelan manfaat pekerja (“pelan”) bagi pekerja yang layak. Sumbangan kepada pelan dibuat kepada dana pentadbiran yang berasingan. Di bawah pelan ini, kakitangan yang layak berhak mendapatkan manfaat persaraan apabila mencapai umur persaraan atau selepas meletak jawatan. Tambahan pula, Yayasan dan syarikat subsidiari Yayasan mengendalikan pelan manfaat ditentukan tanpa danaan bagi kakitangan yang layak. Jadual di bawah merupakan ringkasan komponen perbelanjaan manfaat bersih yang diiktiraf dalam untung atau rugi dan amaun pelan diiktiraf dalam penyata kedudukan kewangan. (Aset)/liabiliti manfaat Kumpulan 2024 RM’000
2023 RM’000
Yayasan 2024 RM’000
2023 RM’000
Obligasi manfaat ditentukan Nilai saksama aset pelan Manfaat ditentukan
65,691 (49,249) 16,442
67,745 (41,772) 25,973
25,632 25,632
26,555 26,555
Didedahkan sebagai: Aset manfaat pekerja ditentukan Liabilti manfaat pekerja ditentukan
(9,190)
(582)
-
-
25,632 16,442
26,555 25,973
25,632 25,632
26,555 26,555
111
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
33.
Aset dan liabiliti manfaat pekerja ditentukan (sambungan)
33.
(Aset)/liabiliti manfaat (sambungan)
Aset dan liabiliti manfaat pekerja ditentukan (sambungan)
Perubahan pada nilai semasa obligasi manfaat ditentukan adalah seperti berikut:
Pada 1 Januari Termasuk dalam untung atau rugi: Kos perkhidmatan semasa Kos faedah Termasuk dalam pendapatan komprehensif lain: Pengukuran semula kerugian: Keuntungan aktuari yang timbul daripada perubahan dalam andaian kewangan Kerugian aktuari yang timbul daripada perubahan dalam pelarasan pengalaman Manfaat dibayar Kumpulan/Yayasan Manfaat dibayar oleh pelan Pada 31 Disember
Kumpulan 2024 2023 RM’000 RM’000
Yayasan 2024 2023 RM’000 RM’000
67,745
61,513
26,555
24,932
3,461 3,154 6,615
5,739 2,900 8,639
1,478 1,207 2,685
3,832 991 4,823
-
(1,848)
1 1
5,760 3,912
(8,272) (398) 65,691
(3,330) (2,989) 67,745
-
-
-
-
-
-
(3,608) 25,632
(3,200) 26,555
Perubahan pada nilai saksama pelan aset adalah seperti berikut: Pada 1 Januari Termasuk dalam untung atau rugi: Jangkaan pulangan Termasuk dalam pendapatan komprehensif lain: Pengukuran semula keuntungan: Kerugian aktuari yang timbul daripada pelarasan pengalaman Sumbangan dari majikan Manfaat dibayar oleh pelan Pada 31 Disember
41,772
39,232
-
-
10,052 10,052
3,502 3,502
-
-
-
-
-
-
2,089 (4,664) 49,249
2,027 (2,989) 41,772
-
-
112
Kumpulan 2024 2023 RM’000 RM’000
Yayasan 2024 2023 RM’000 RM’000
25,973
22,281
26,555
24,932
(3,437)
5,137
2,685
4,823
(4,006) (2,089)
(3,330) (2,027)
(3,608) -
(3,200) -
-
(1,848)
-
-
1 16,442
5,760 25,973
25,632
26,555
3,461 3,154 (10,052)
5,739 2,900 (3,502)
1,478 1,207 -
3,832 991 -
(3,437)
5,137
2,685
4,823
Perubahan dalam (aset)/liabiliti manfaat adalah seperti berikut: Pada 1 Januari Diiktiraf dalam untung atau rugi (Nota 11) Manfaat yang dibayar Kumpulan/ Yayasan Sumbangan dibayar dalam pelan Keuntungan aktuari yang timbul daripada perubahan andaian kewangan Kerugian aktuari yang timbul daripada pelarasan pengalaman Pada 31 Disember Perbelanjaan manfaat bersih Kos perkhidmatan semasa Kos faedah atas obligasi manfaat Jangkaan pulangan atas aset pelan (Pendapatan)/perbelanjaan manfaat bersih, termasuk dalam perbelanjaan manfaat pekerja
113
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
33.
34.
Aset dan liabiliti manfaat pekerja ditentukan (sambungan)
Peruntukan pemulihan hutan Kumpulan 2024 2023 RM’000 RM’000
Perbelanjaan manfaat bersih yang diiktiraf dalam untung atau rugi dimasukkan ke dalam item-item berikut: Kumpulan 2024 2023 RM’000 RM’000 Kos jualan Perbelanjaan operasi Perbelanjaan pentadbiran
864 (7,087) 2,786 (3,437)
778 (551) 4,910 5,137
2024 RM’000
Yayasan
2023 RM’000
2,685 2,685
4,823 4,823
Pada 1 Januari Diperuntukkan dalam tahun semasa Telah digunakan Pada 31 Disember
117,356 1,331 (269) 118,418
116,104 1,395 (143) 117,356
Pada 31 Disember Bukan semasa: Lebih daripada 5 tahun
118,418
117,356
Kos pelan manfaat ditentukan dan nilai semasa obligasi ditetapkan menggunakan penilaian aktuari. Penilaian aktuari termasuk membuat pelbagai andaian.
Ini mewakili peruntukan yang diiktiraf bagi pemulihan hutan di atas tanah dalam kawasan konsesi kayu Yayasan Sabah.
Andaian utama yang digunakan dalam menetapkan liabiliti manfaat pekerja ditentukan ditunjukkan di bawah:
Peruntukan ini telah diperuntukkan berdasarkan anggaran dalaman Kumpulan.
Kumpulan 2024 2023 % % Kadar diskaun Kenaikan gaji masa depan
4.3 – 5.5 5.0 – 6.0
4.3 – 5.5 5.0 – 6.0
2024 %
Yayasan
2023 %
4.3 6.0
4.3 6.0
Analisa sensitiviti di bawah ditetapkan berdasarkan perubahan yang munasabah bagi setiap andaian signifikan ke atas liabiliti manfaat pekerja ditentukan pada tarikh pelaporan, dengan anggapan semua andaian lain tidak berubah: Peningkatan/ (penurunan) Kadar diskaun
Kenaikan gaji masa depan
+100 basis point -100 basis point +1% -1%
Kumpulan 2024 2023 RM’000 RM’000
2024 RM’000
Yayasan
(4,592)
(3,907)
(1,850)
(1,190)
5,398
4,532
2,181
1,348
6,171 (5,349)
5,730 (5,056)
2,273 (1,972)
2,131 (1,929)
2023 RM’000
Tempoh purata obligasi manfaat ditentukan Kumpulan dan Yayasan pada tarikh pelaporan adalah masing-masing diantara 5 dan 9 tahun (2023: 6 dan 10 tahun) dan 2 tahun (2023: 3 tahun) masing-masing.
114
115
Pada 31 Disember 2024
Urusniaga dengan pemilik Dinyahiktiraf syarikat subsidiari Realisasi rizab konsesi kayu
Pendapatan komprehensif lain Kerugian bersih atas perubahan nilai saksama aset kewangan pada nilai saksama melalui pendapatan komprehensif lain Terjemahan matawang asing Bahagian pendapatan komprehensif lain syarikat bersekutu dan usahasama
Kumpulan Pada 1 Januari 2024
Rizab-rizab lain
35.
Pada 31 Disember 2023
Urusniaga dengan pemilik Realisasi rizab konsesi kayu
Pendapatan komprehensif lain Kerugian bersih atas perubahan nilai saksama aset kewangan pada nilai saksama melalui pendapatan komprehensif lain Terjemahan matawang asing Bahagian pendapatan komprehensif lain syarikat bersekutu dan usahasama - terjemahan matawang asing
Kumpulan Pada 1 Januari 2023
Rizab-rizab lain (sambungan)
(50,261)
117
(771) (771) 55,515
-
(2,663)
-
-
-
(62,731)
(2,663)
-
56,286
Rizab konsesi kayu RM’000
Premium dibayar atas pengambilalihan kepentingan bukan kawalan RM’000
2,663 2,663 -
-
-
-
(2,663)
Premium dibayar atas pengambilalihan kepentingan bukan kawalan RM’000
-
(62,731) -
12,470
Rizab pelarasan nilai saksam RM’000
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
116
-
(10,788) (771) (771) 54,744
-
-
(61,049)
-
55,515
Rizab konsesi kayu RM’000
(10,788) -
(50,261)
Rizab pelarasan nilai saksama RM’000
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
35.
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
23,089
1,234
1,331
(97)
21,855
Rizab terjemahan matawang asing RM’000
16,560
(6,529)
(5,092)
(1,437)
23,089
Rizab terjemahan matawang asing RM’000
(771) (771) 25,680
(61,497)
1,331
(62,731) (97)
87,948
Jumlah RM’000
2,663 (771) 1,892 10,255
(17,317)
(5,092)
(10,788) (1,437)
25,680
Jumlah RM’000
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
35.
36.
Rizab-rizab lain (sambungan) Rizab konsesi kayu RM’000
Yayasan 1 Januari 2024
91,250
Pendapatan komprehensif lain Realisasi rizab konsesi kayu (Nota 8)
Urusniaga pihak berkaitan (a) Jualan dan belian barangan dan perkhidmatan Sebagai tambahan kepada maklumat pihak berkaitan yang dinyatakan di tempat lain dalam penyata kewangan, berikut adalah urusniaga signifikan di antara Yayasan dan pihak-pihak berkaitan yang berlaku berdasarkan terma yang dipersetujui antara pihakpihak tersebut sepanjang tahun kewangan: Yayasan 2024 2023 RM’000 RM’000
Pada 31 Disember 2024
(1,250) (1,250) 90,000
1 Januari 2023
92,500
Subsidiari Pendapatan dividen Pendapatan faedah
(1,250) (1,250) 91,250
Pendapatan sewa: - Innoprise Corporation Sdn. Bhd. - Innoprise Plantation Berhad - Sabah Softwoods Sdn. Bhd.
Pendapatan komprehensif lain Realisasi rizab konsesi kayu (Nota 8) Pada 31 Disember 2023 (a)
Rizab pelarasan nilai saksama
Perkhidmatan pengawal keselamatan
Rizab pelarasan nilai saksama mewakili perubahan kumulatif nilai saksama, bersih dari cukai, aset kewangan sedia untuk dijual sehingga ia dilupuskan. (b)
(c)
Rizab opsyen saham pekerja Rizab opsyen saham pekerja mewakili opsyen saham melalui penyelesaian ekuiti yang diberikan kepada pekerja. Rizab ini terdiri daripada nilai kumulatif perkhidmatan yang diterima daripada pekerja yang direkodkan dalam tempoh peletakan hak bermula dari tarikh pemberian opsyen saham melalui penyelesaian ekuiti, dan dikurangkan dengan tempoh tamat atau pelaksanaan opsyen saham tersebut.
(d)
Kumpulan 2024 2023 RM’000 RM’000 Manfaat pekerja jangka pendek Pelan sumbangan ditentukan
17,853 1,153 19,006
Rizab konsesi kayu Jumlah tahunan tetap sebanyak RM1,250,000 (2023: RM1,250,000) dipindahkan daripada rizab konsesi kayu Yayasan kepada penyata pendapatan komprehensif untuk mengiktiraf jumlah terimaan dari syarikat subsidiari untuk penyerahan hak kayu.
118
147,180 1,875
1,393 -
1,393 47 (80)
108
66
(b) Pampasan kakitangan pengurusan utama
Rizab terjemahan matawang asing Rizab pertukaran mata wang asing mewakili perbezaan pertukaran yang timbul daripada terjemahan penyata kewangan operasi asing di mana mata wang fungsian adalah berbeza daripada mata wang yang dibentangkan oleh Kumpulan.
146,520 1,850
119
15,145 843 15,988
Yayasan 2024 2023 RM’000 RM’000 2,089 213 2,302
3,068 254 3,322
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
37.
38.
Komitmen Komitmen modal
Diluluskan dan dikontrak untuk: Hartanah, loji dan peralatan Perbelanjaan modal dan pembangunan untuk ladang Diluluskan tetapi tidak dikontrak untuk: Hartanah, loji dan peralatan
Nilai saksama aset dan liabiliti a) Aset dan liabiliti diukur pada nilai saksama
Kumpulan 2024 2023 RM’000 RM’000
Yayasan 2024 2023 RM’000 RM’000
241,835
229,371
532
4,383
3,211 245,046
6,535 235,906
532
4,383
195,363 195,363 440,409
138,879 138,879 374,785
26,714 26,714 27,246
7,220 7,220 11,603
Jadual yang berikut menunjukkan analisa untuk setiap kelas aset dan liabiliti diukur pada nilai saksama di akhir tempoh laporan: Aras 1 RM’000
Aras 2 RM’000
Aras 3 RM’000
Jumlah RM’000
-
-
99,693
99,693
121,209 204,669 325,878
67,309 67,309
99,693
121,209 271,978 492,880
-
-
73,931
73,931
158,023 175,901
54,461
-
158,023 230,362
333,924
54,461
73,931
462,316
96,714 96,714
2,819 2,819
-
99,533 99,533
85,328 85,328
2,638 2,638
-
87,966 87,966
Kumpulan 2024 Aset kewangan Sekuriti pelaburan: - Instrumen ekuiti tidak tersiar harga - Instrumen ekuiti tersiar harga - Bukan semasa - Semasa 2023 Aset kewangan Sekuriti pelaburan: - Instrumen ekuiti tidak tersiar harga - Instrumen ekuiti tersiar harga - Bukan semasa - Semasa
Yayasan 2024 Aset kewangan Sekuriti pelaburan: - Instrumen ekuiti tersiar harga - Bukan semasa - Semasa 2023 Aset kewangan Sekuriti pelaburan: - Instrumen ekuiti tersiar harga - Bukan semasa - Semasa
120
121
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
38.
38.
Nilai saksama aset dan liabiliti (sambungan)
b) Nilai saksama instrument kewangan mengikut kelas yang tidak dibawa pada nilai saksama dan nilai bawaan tidak berpatutan dengan nilai saksama
a) Aset dan liabiliti diukur pada nilai saksama (sambungan) Aras 1 RM’000
Aras 2 RM’000
Nilai saksama aset dan liabiliti (sambungan)
Aras 3 RM’000
Jumlah RM’000
Kumpulan 2024 Aset biologi
-
-
162,540
162,540
2023 Aset biologi
-
-
144,921
144,921
Pengukuran nilai saksaman Aras 2 Berikut adalah butiran teknik pernilaian dan input-input yang digunakan dalam pengukuran nilai saksama bagi aset yang dikategorikan dalam Aras 2 hierarki nilai saksama. Sekuriti pelaburan Sekuriti pelaburan ini adalah dana tunai yang mana nilai saksama pelaburan ini dinilai berasaskan sumber harga alternatif yang disokong oleh input boleh pantau. Pengukuran nilai saksama Aras 3 Berikut adalah butiran teknik pernilaian dan input-input yang digunakan dalam pengukuran nilai saksama bagi aset yang dikategorikan dalam Aras 3 hierarki nilai saksama. Instrumen ekuiti tidak tersiar harga Nilai saksama instrumen ekuiti tidak disebut harga telah dianggarkan berdasarkan nilai aset bersih yang diselaraskan.
Nilai saksama aset dan liabiliti kewangan mengikut kelas yang tidak dibawa pada nilai saksama dan nilai bawaan tidak berpatutan dengan nilai saksama adalah seperti berikut:
Nota
2024 Nilai Nilai bawaan saksama RM’000 RM’000
2023 Nilai Nilai bawaan saksama RM’000 RM’000
Kumpulan Aset kewangan (bukan semasa): Pinjaman pengajian
22
59,382
-
40,652
*
Yayasan Aset kewangan (bukan semasa): Akaun terimaan hak konsesi kayu
24
90,000
55,303
91,250
54,610
* Pinjaman pengajian dibawa pada kos Maklumat nilai saksama tidak didedahkan bagi instrumen kewangan ini kerana nilai saksama tidak boleh diukur dengan pasti. c) Instrumen kewangan mengikut kelas yang tidak dibawa pada nilai saksama dan nilai bawaan berpatutan dengan nilai saksama
Hasil perladangan Model penilaian yang akan digunapakai oleh Kumpulan mempertimbangkan nilai semasa aliran tunai bersih yang dijangka dihasilkan dari penjualan BTS.
Berikut merupakan kelas instrumen kewangan yang tidak dibawa pada nilai saksama dan nilai bawaan berpatutan dengan nilai saksama:
Perbelanjaan menanam pokok Kumpulan menggunakan pendekatan pendapatan dalam menentukan nilai saksama kerana Kumpulan percaya bahawa kaedah ini memberikan penilaian yang paling tepat.
Akaun terimaan dagangan dan lain (semasa) Baki tunai dan baki di bank Akaun bayaran dagangan dan lain (semasa) Pinjaman dan pembiayaan (semasa) Pinjaman dan pembiayaan (bukan semasa) – kadar terapung
Sekiranya pasaran aktif tidak wujud maka Kumpulan menggunakan salah satu daripada yang berikut, jika ada, dalam menentukan nilai saksama: - harga transaksi pasaran terkini, dengan syarat tiada perubahan ketara dalam keadaan ekonomi antara tarikh transaksi tersebut dan akhir tempoh pelaporan; atau - harga pasaran, di pasaran yang dapat diakses, untuk aset serupa dengan pelarasan untuk menggambarkan perbezaan; atau - tanda aras sektor.
Nilai bawaan bagi aset dan liabiliti kewangan berpatutan dengan nilai saksama sama ada disebabkan oleh kematangan jangka pendek instrumen kewangan ini atau ianya merupakan instrumen berkadar terapung yang dinilai semula harga kepada kadar faedah pasaran pada atau hampir kepada tarikh pelaporan.
Sekiranya harga atau nilai yang ditentukan pasaran tidak tersedia untuk ternakan dalam keadaan semasa, Kumpulan mungkin menggunakan nilai semasa aliran tunai bersih yang dijangkakan dari aset yang didiskaunkan pada kadar pasaran semasa yang telah ditentukan dalam menentukan nilai saksama. 122
Note 24 28 30 29 29
123
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
39.
39.
Objektif dan polisi pengurusan risiko kewangan Kumpulan dan Yayasan adalah terdedah kepada risiko kewangan yang timbul daripada operasi dan instrumen kewangan yang digunakan. Risiko kewangan utama adalah termasuk risiko kredit, risiko kecairan, risiko kadar faedah dan risiko harga pasaran.
Objektif dan polisi pengurusan risiko kewangan (sambungan) (a)
Risiko kredit (sambungan) Akaun terimaan dagangan (sambungan) Ringkasan di bawah merupakan maklumat mengenai pendedahan risiko kredit ke atas akaun terimaan dagangan Kumpulan menggunakan matriks peruntukan:
Jawatankuasa Pengurusan Risiko Lembaga menyemak dan bersetuju polisi dan prosedur untuk mengurus risiko berkenaan dilaksanakan oleh jawatankuasa pengurusan. Jawatankuasa audit menyediakan pengawasan bebas bagi memastikan keberkesanan proses pengurusan risiko.
Kumpulan 31 Disember 2024
Berdasarkan polisi Kumpulan, derivatif dengan tujuan spekulatif tidak boleh diambilkira di dalam risiko kewangan di dalam tahun kewangan semasa dan tahun-tahun sebelumnya. Seksyen berikut memberikan butiran berkaitan pendedahan Kumpulan dan Yayasan terhadap risiko kewangan di atas serta objektif, polisi dan proses bagi pengurusan risiko ini.
Amaun bawaan kasar Peruntukan elaun kerugian
Tiada perubahan kepada pendedahan Kumpulan terhadap risiko kewangan ini atau cara ia mengurus dan mengukur risiko.
31 Disember 2023
(a)
Amaun bawaan kasar Peruntukan elaun kerugian
Risiko kredit Risiko kredit ialah risiko kehilangan yang mungkin wujud pada instrumen kewangan yang tertunggak jika terdapat kegagalan dalam obligasi pihak yang berkontrak. Pendedahan risiko kredit kepada Kumpulan dan Yayasan wujud terutamanya daripada akaun terimaan dagangan dan lain. Untuk aset kewangan yang lain (termasuk sekuriti pelaburan serta tunai dan baki di bank), Kumpulan dan Yayasan meminimakan risiko kredit dengan hanya terlibat dengan pihak yang berkontrak yang mempunyai kadar kredit yang tinggi. Objektif Kumpulan adalah untuk mendapatkan pertumbuhan hasil yang berterusan disamping meminimakan kerugian akibat kenaikan pendedahan risiko kredit. Kumpulan hanya berurusniaga dengan pihak ketiga yang dikenali dan dipercayai. Mengikut polisi Kumpulan, semua pelanggan yang berurusniaga dengan terma kredit adalah tertakluk kepada prosedur pengesahan kredit. Tambahan lagi, baki belum terima dipantau dengan berterusan agar pendedahan kepada hutang lapuk Kumpulan tidak signifikan. Berikut adalah amalan pengurusan risiko kredit dan maklumat kuantitatif dan kualitatif mengenai amaun yang timbul daripada jangkaan kerugian kredit bagi setiap kelas aset kewangan. Akaun terimaan dagangan Kumpulan memperuntukkan jangkaan kerugian kredit sepanjang hayat untuk semua penghutang perdagangan menggunakan matriks peruntukan. Kadar peruntukan ditentukan berdasarkan sejarah pemerhatian kadar kegagalan Kumpulan yang dianalisis mengikut hari melebihi tamat tempoh. Peruntukan elaun kerugian pada tarikh pelaporan ditentukan seperti berikut; jangkaan kerugian kredit di bawah juga termasuk maklumat pandang-hadapan seperti sejarah pengalaman kerugian kredit khusus kepada penghutang dan persekitaran ekonomi. 124
Semasa RM’000
1 hingga 30 hari melebihi tamat tempoh RM’000
61 hingga 90 hari melebihi tamat tempoh RM’000
Lebih dari 90 hari melebihi tamat tempoh RM’000
Jumlah RM’000
34,059
9,107
3,237
26,470
72,873
-
-
-
(14,396)
(14,396)
36,290
2,329
3,482
26,953
69,054
-
-
-
(17,895)
(17,895)
Maklumat berkaitan pergerakan elaun kerugian bagi akaun terimaan dagangan didedahkan di Nota 24. Pendedahan kepada risiko kredit Pada tarikh pelaporan, pendedahan maksimum Yayasan kepada risiko kredit diwakili oleh nilai bawaan bagi setiap kelas aset kewangan yang diiktiraf dalam penyata kedudukan kewangan. Tumpuan risiko kredit Kumpulan dan Yayasan tidak mempunyai pendedahan yang ketara kepada risiko pelanggan individu atau rakan niaga mahupun ketiadaan tumpuan utama risiko kredit yang berkaitan dengan sebarang aset kewangan. (b)
Risiko kecairan Risiko kecairan adalah risiko kesukaran yang akan dihadapi oleh Kumpulan dan Yayasan dalam memenuhi kewajiban kewangan akibat kekurangan dana. Pendedahan Kumpulan dan Yayasan terhadap risiko kecairan timbul terutamanya daripada ketidaksesuaian kematangan aset dan liabiliti kewangan. Objektif Kumpulan dan Yayasan adalah untuk mengekalkan keseimbangan di antara meneruskan pembiayaan dan fleksibiliti melalui penggunaan kemudahan kredit tambahan. Dasar pengurusan risiko kecairan Kumpulan dan Yayasan adalah untuk mengekalkan aset kewangan cair yang mencukupi dan kemudahan kredit tambahan. Pada tarikh pelaporan, kira-kira 31% (2023: 16%) daripada pinjaman dan pembiayaan Kumpulan (Nota 30) akan matang dalam masa kurang dari satu tahun berdasarkan nilai bawaan yang digambarkan dalam penyata kewangan. 125
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
39.
39.
Objektif dan polisi pengurusan risiko kewangan (sambungan) (b)
Risiko kecairan (sambungan)
Objektif dan polisi pengurusan risiko kewangan (sambungan) (b)
Analisis instrument kewangan dengan baki kematangan berkontrak
Risiko kecairan (sambungan) Analisa instrument kewangan dengan baki kematangan berkontrak (sambungan)
Jadual di bawah meringkaskan profil kematangan aset (tidak termasuk pinjaman pengajian) dan liabiliti kewangan Kumpulan dan Yayasan pada tarikh pelaporan berdasarkan amaun kontrak tidak didiskaunkan: Atas tuntutan Satu atau dalam sehingga setahun lima tahun RM’000 RM’000 Kumpulan 2024 Aset kewangan: Akaun terimaan dagangan dan lain Sekuriti pelaburan Tunai dan baki di bank Jumlah aset kewangan tidak didiskaunkan Liabiliti kewangan: Akaun bayaran dagangan dan lain Liabiliti pajakan Pinjaman dan pembiayaan Jumlah liabiliti kewangan tidak didiskaunkan Jumlah bersih aset/(liabiliti) kewangan tidak didiskaunkan 2023 Aset kewangan: Akaun terimaan dagangan dan lain Sekuriti pelaburan Tunai dan baki di bank Jumlah aset kewangan tidak didiskaunkan Liabiliti kewangan: Akaun bayaran dagangan dan lain Liabiliti pajakan Pinjaman dan pembiayaan Jumlah liabiliti kewangan tidak didiskaunkan Jumlah bersih aset/(liabiliti) kewangan tidak didiskaunkan
126
Lebih lima tahun RM’000
Jumlah RM’000
73,360 271,978 999,609
400 -
220,902 -
73,760 492,880 999,609
1,344,947
400
220,902
1,566,249
461,221 2,043 107,642
2,221 192,082
4,439 43,772
461,221 8,703 343,496
570,906
194,303
48,211
813,420
774,041
(193,903)
172,691
752,829
83,843 230,362 959,558
605 -
231,954 -
84,448 462,316 959,558
1,273,763
605
231,954
1,506,322
428,675 4,534 63,985
3,694 208,931
4,648 88,528
428,675 12,876 361,444
497,194
212,625
93,176
802,995
776,569
(212,020)
138,778
703,327
Atas tuntutan Satu atau dalam hingga setahun lima tahun RM’000 RM’000
Yayasan 2024 Aset kewangan: Akaun terimaan dagangan dan lain Sekuriti pelaburan Tunai dan baki bank Jumlah aset kewangan tidak didiskaunkan Liabiliti kewangan: Akaun bayaran dagangan dan lain Liabiliti pajakan Jumlah liabiliti kewangan tidak didiskaunkan Jumlah bersih liabiliti kewangan tidak didiskaunkan
Lebih lima tahun RM’000
Jumlah RM’000
9,652 99,533 143,172
-
-
9,652 99,533 143,172
252,357
-
-
252,357
435,758 69
143
33
435,758 245
435,827
143
33
436,003
(183,470)
(143)
(33)
(183,646)
2,306 87,966 131,083
-
-
2,306 87,966 131,083
221,355
-
-
221,355
462,276 69
96
11
462,276 176
462,345
96
11
462,452
(240,990)
(96)
(11)
(241,097)
2023 Aset kewangan: Akaun terimaan dagangan dan lain Sekuriti pelaburan Tunai dan baki di bank Jumlah aset kewangan tidak didiskaunkan Liabiliti kewangan: Akaun bayaran dagangan dan lain Liabiliti pajakan Jumlah liabiliti kewangan tidak didiskaunkan Jumlah bersih liabiliti kewangan tidak didiskaunkan
127
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
39.
39.
Objektif dan polisi pengurusan risiko kewangan (sambungan) (c)
Risiko kadar faedah
(d)
Risiko kadar faedah adalah risiko nilai saksama atau aliran tunai masa hadapan instrumen kewangan Kumpulan dan Yayasan yang berubah-ubah disebabkan oleh perubahan dalam kadar faedah pasaran. Risiko kadar faedah aliran tunai adalah risiko aliran tunai masa hadapan instrumen kewangan yang berubah-ubah kerana perubahan dalam kadar faedah pasaran. Risiko kadar faedah nilai saksama adalah risiko nilai instrumen kewangan yang berubah-ubah disebabkan oleh perubahan dalam kadar faedah pasaran. Memandangkan Kumpulan tidak mempunyai aset kewangan dengan faedah yang ketara, aliran tunai pendapatan dan operasi Kumpulan tidak bergantung dengan ketara terhadap perubahan dalam kadar faedah pasaran. Aset kewangan Kumpulan dengan faedah adalah berbentuk jangka pendek dan kebanyakannya melalui simpanan tetap atau kadang kala melalui pelaburan jangka pendek.
Risiko harga pasaran (sambungan) Analisis kepekaan bagi risiko harga ekuiti Jadual berikut menunjukkan kepekaan keuntungan bersih cukai dan pendapatan komprehensif lain Kumpulan terhadap perubahan yang munasabah dalam indeks ekuiti, di mana semua pembolehubah lain adalah tetap. Peningkatan dalam Keuntungan bersih Pendapatan selepas komprehensif cukai lain Indeks RM’000 RM’000 2024 Indeks pasaran Di Malaysia
+5%
9,415
6,060
Risiko harga pasaran
2023 Indeks pasaran Di Malaysia
+5%
8,196
7,901
Risiko harga pasaran adalah risiko nilai saksama atau aliran tunai pada masa hadapan bagi instrument kewangan Kumpulan yang berubah-ubah disebabkan oleh perubahan dalam harga pasaran (selain daripada faedah atau kadar pertukaran).
Penurunan setara pada indeks yang ditunjukkan di atas akan menghasilkan keputusan yang setara, namun impak yang berlawanan.
Risiko kadar faedah Kumpulan timbul terutamanya daripada pembiayaan dengan faedah. Pembiayaan pada kadar terapung mendedahkan Kumpulan kepada risiko kadar faedah aliran tunai. Pembiayaan yang diperoleh pada kadar tetap mendedahkan Kumpulan kepada risiko kadar faedah nilai saksama. (d)
Objektif dan polisi pengurusan risiko kewangan (sambungan)
Kumpulan terdedah kepada risiko harga ekuiti yang timbul daripada pelaburannya dalam instrumen ekuiti tersiar harga. Instrumen ekuiti tersiar harga di Malaysia disenaraikan di Bursa Malaysia, manakala instrumen ekuiti tersiar harga di luar Malaysia sebahagian besarnya disenaraikan di pasaran saham asing. Instrumen ini diklasifikasikan sebagai dipegang untuk dagangan atau aset kewangan tersedia untuk dijual. Pada tarikh pelaporan, 63% (2023: 70%) daripada portfolio ekuiti Kumpulan terdiri daripada saham tersiar harga di FTSE Bursa Malaysia KLCI, sementara baki sebahagian pelaburan ekuiti tersiar harga terdiri daripada saham syarikat yang beroperasi di luar Malaysia, dana unit amanah dan lain-lain.
128
129
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
40.
41.
Pengurusan modal Objektif utama pengurusan modal Kumpulan adalah untuk memastikan nisbah modal yang sihat dikekalkan bagi menyokong perniagaan dan memaksima nilai pemegang saham. Kumpulan mengurus struktur modalnya dan membuat pelarasan, berdasarkan perubahan dalam keadaan ekonomi. Bagi mengekal atau menyesuaikan struktur modal, Kumpulan boleh menyelaraskan pembayaran dividen kepada pemegang saham atau menerbitkan saham baru. Tiada perubahan dibuat dalam objektif, polisi atau proses dalam tahun berakhir 31 Disember 2024 dan 31 Disember 2023. Kumpulan memantau modal menggunakan nisbah penggearan, di mana hutang bersih dibahagikan dengan jumlah modal ditambah dengan hutang bersih. Polisi Kumpulan ialah mengekalkan nisbah penggearan di bawah 30%. Termasuk di dalam hutang bersih Kumpulan adalah pinjaman dan pembiayaan. Termasuk di dalam modal ialah ekuiti boleh diagih kepada pemilik induk. 2024 RM’000 Liabiliti pajakan (Nota 31) Pinjaman dan pembiayaan (Nota 29) Hutang bersih Ekuiti boleh diagihkan kepada Yayasan Jumlah modal Modal dan hutang bersih Nisbah penggearan
Kumpulan
2023 RM’000
(a)
2,755 296,442 299,197
4,268 297,355 301,623
(b)
3,086,485 3,086,485 3,385,682
2,989,252 2,989,252 3,290,875
9%
9%
(a) / (b)
130
Maklumat segmen Bagi tujuan pengurusan, Kumpulan disusun mengikut unit perniagaan berdasarkan barangan dan perkhidmatan mereka, dan mempunyai lima segmen operasi boleh dilapor seperti berikut: (i)
Pegangan pelaburan - pegangan pelaburan dan peruntukan perkhidmatan pengurusan dan pelaburan dalam deposit tetap dan sekuriti boleh dipasar untuk faedah, dividen dan pendapatan pelaburan.
(ii)
Kayu dan kelapa sawit - pengekstrakan log, perdagangan log, pembuatan produk kayu, penebangan hutan, dan operasi ladang kelapa sawit.
(iii)
Perkapalan - pemilik dan pengendali kapal, perkhidmatan pengangkutan laut dan feri.
(iv)
Pembangunan hartanah - pembangunan hartanah kediaman dan komersil.
(v)
Perhotelan - pengusaha hotel, penginapan hutan dan pengendali pelancongan masuk.
Selain yang dinyatakan di atas, tiada segmen operasi yang dikumpulkan untuk membentuk segmen operasi boleh dilapor seperti di atas. Pengurusan memantau keputusan operasi unit perniagaan secara berasingan dengan tujuan untuk membuat keputusan mengenai peruntukan sumber dan penilaian prestasi. Prestasi segmen dinilai berdasarkan keuntungan atau kerugian operasi yang, dalam hal tertentu seperti diterangkan dalam jadual di bawah, diukur secara berbeza dari keuntungan atau kerugian operasi dalam penyata kewangan disatukan. Pemindahan harga antara segmen operasi adalah mengikut asas arm’s length dengan cara yang serupa dengan urusniaga pihak ketiga.
131
Keputusan Pendapatan faedah Susutnilai dan pelunasan Kos kewangan Belanja cukai pendapatan Bahagian keuntungan syarikat bersekutu Bahagian keuntungan syarikat usahasama Pelbagai belanja Bukan tunai Keuntungan/ (kerugian) segmen
Pendapatan Pelanggan luar Jualan antara segmen Jumlah pendapatan
31 Disember 2024
10,770 89,199 4,145 80,739 16,804 (2,184) 228,204
15,335 14,923 21,350 549 (2,316) 21,637
41.
Liabiliti segmen
Aset Pelaburan dalam syarikat bersekutu Pelaburan dalam syarikat usahasama Tambahan kepada aset bukan semasa Aset segmen
31 Disember 2024
45,403
5,000 68,585
12,515 138,275 2,070,999 1,966,473 775,402
-
11,458
-
-
68,290
373,390
132
48,249
863
-
-
15,690
16,830 56
582
206,094 17,790 223,884
133
49,445
10,210 197,438
-
-
Kayu/ kelapa Pembangunan sawit hartanah Perhotelan RM’000 RM’000 RM’000
585
Pegangan pelaburan RM’000
Maklumat segmen (sambungan)
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
919
-
-
-
827
1,440 -
14
4,138 1,908 6,046
Kayu/ kelapa Pembangunan hartanah Perhotelan sawit RM’000 RM’000 RM’000
11,447 1,150,291 187,676 18,671 199,123 1,168,962
Pegangan pelaburan RM’000
Maklumat segmen (sambungan)
Yayasan Sabah (Ditubuhkan di bawah Enakman Yayasan Sabah, 1966) Dana Yayasan Sabah
41.
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Yayasan Sabah (Ditubuhkan di bawah Enakman Yayasan Sabah, 1966) Dana Yayasan Sabah
264,784
23,758 616,984
408,854
38,635
Lain-lain RM’000
21,132
1,932
20,976
62
789
3,457 31
962
63,120 5,270 68,390
Lain-lain RM’000
371,487
4,205 554,454
-
-
Dana RM’000
36,403
4,360
-
-
-
6,835 9
6,028
(2,032) 4,704 2,672
Dana RM’000
B
A
A
(683,640)
(20,678) (680,448)
-
-
C
Pelarasan dan penghapusan RM’000 Nota
(150,756)
18,729
-
(179)
-
(1,167) (3,176)
(1,878)
(236,019) (236,019)
Pelarasan dan penghapusan RM’000 Nota
1,196,271
173,285 4,794,485
420,312
107,510
Jumlah RM’000
205,788
21,384
20,976
17,236
98,045
131,517 22,415
31,813
1,433,058 1,433,058
Jumlah RM’000
Keputusan Pendapatan faedah Susutnilai dan pelunasan Kos kewangan Bahagian keuntungan syarikat bersekutu Bahagian keuntungan syarikat usahasama Pelbagai belanja bukan tunai Keuntungan/ (kerugian) segmen
Pendapatan Pelanggan luar Jualan antara segmen Jumlah pendapatan
31 Disember 2023
12,183 88,268 4,758 10,530 848 180,897
14,620 15,179 18,255 814 (25,283)
41.
134
42,983
759
-
-
15,978 296
412
183,798 183,798
116,818
660
110,407
(2,474)
1,114 106
557
20,327 3,274 23,601
Lain-lain RM’000
105,695
71,220
-
-
5,447 13
4,003
(1,854) 4,704 2,850
Dana RM’000
(147,035)
(30,154)
-
-
(3,421)
(1,954)
(196,934) (196,934)
B
A
A
Pelarasan dan penghapusan RM’000 Nota
275,595
44,147
110,407
8,056
127,393 20,007
29,838
1,255,626 1,255,626
Jumlah RM’000
Liabiliti segmen
Aset Pelaburan dalam syarikat bersekutu Pelaburan dalam syarikat usahasama Tambahan kepada aset bukan semasa Aset segmen
31 Disember 2023
41,245
68,583 124,114 2,023,431 1,915,961 748,223
4 63,507
(63)
-
388,210
-
59,851
-
135
43,746
5,824 196,494
-
-
Kayu/ kelapa Pembangunan Sawit hartanah Perhotelan RM’000 RM’000 RM’000
-
Pegangan pelaburan RM’000
186,536
1,205 542,187
358,615
38,986
Lain-lain RM’000
397,738
4,461 544,399
-
-
Dana RM’000
(663,781)
(1,456) (660,703)
-
-
C
Pelarasan dan penghapusan RM’000 Nota
1,141,917
202,735 4,625,276
358,552
98,837
Jumlah RM’000
Jadual berikut menyediakan analisis hasil, keputusan, aset, liabiliti dan maklumat lain Kumpulan mengikut segmen perniagaan:
Maklumat segmen (sambungan)
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
1,520
-
-
-
1,407
17
4,337 201 4,538
Kayu/ kelapa Pembangunan sawit hartanah Perhotelan RM’000 RM’000 RM’000
43,124 1,005,894 188,755 231,879 1,005,894
Pegangan pelaburan RM’000
Maklumat segmen (sambungan)
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
41.
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024
41.
42.
Maklumat segmen (sambungan) Nota
Jenis pelarasan dan penghapusan untuk mendapat nilai dilapor di penyata kewangan disatukan
A
Pendapatan faedah dan pendapatan antara segmen akan dihapuskan semasa penyatuan.
B
Lain-lain perbelanjaan bukan tunai yang ketara terdiri daripada item berikut seperti dipersembahkan di dalam nota kepada penyata kewangan yang berkaitan: 2024 RM’000
2023 RM’000
22,567 (3,437) 54 869 1,331 21,384
36,893 5,137 3 719 1,395 44,147
149,960 17,891 5,434 173,285
188,535 12,604 1,596 202,735
Rosotnilai aset kewangan Liabiliti pelan manfaat pekerja ditentukan Inventori dihapuskira/dikurang nilai Loji dan peralatan dihapuskira Peruntukan dana pemulihan hutan C
Tambahan kepada aset bukan semasa terdiri daripada: Hartanah, loji dan peralatan Aset biologi Hartanah pelaburan
D
Item berikut ditolak dari aset segmen untuk mendapatkan jumlah aset dilaporkan di penyata kedudukan kewangan disatukan:
Aset antara segmen E
2024 RM’000
2023 RM’000
(680,448)
(660,703)
Pelarasan tahun sebelumnya Sepanjang tahun kewangan, pelarasan berikut telah dibuat secara retrospektif: (a)
Pada tahun sebelumnya, Kumpulan telah mengiktiraf bahagian kerugian dalam syarikat bersekutu dan usahasama yang melebihi kepentingan dalam syarikat bersekutu dan usahasama dalam penyata kewangan yang disatukan. Hal ini tidak mematuhi MFRS 128 Pelaburan dalam Syarikat Bersekutu dan Usahasama, yang menyatakan, jika bahagian kerugian entity kepada syarikat bersekutu atau usahasama menyamai atau melebihi kepentingan dalam syarikat bersekutu atau usahasama, entiti berhenti mengiktiraf bahagian kerugian seterusnya. Akibatnya, bahagian kerugian yang telah diiktiraf sebelum ini dalam syarikat bersekutu dan usahasama diselaraskan secara retrospektif.
(b)
Pada tahun sebelumnya, Kumpulan telah merekodkan pelaburan dalam syarikat bersekutu, Sunlight Inno Seafood Sdn Bhd (“SISSB”), dengan nilai bawaan bersih sebanyak RM37.65 juta. Dalam tahun kewangan semasa, Kumpulan telah menilai semula jumlah boleh diperolehi semula dari aset pendasar SISSB pada 1 Januari 2023, dan mendapati bahawa pelaburan dalam SISSB telah terlebih catat dan sejumlah rosotnilai telah diselaraskan secara retrospektif.
Pelarasan kepada penyata untung atau rugi dan pendapatan komprehensif lain disatukan bagi tahun berakhir 31 Disember 2023 (Kumpulan) adalah seperti berikut:
Bahagian syarikat bersekutu Bahagian syarikat usahasama Keuntungan sebelum cukai Keuntungan selepas cukai
Liabiliti antara segmen
136
2023 RM’000
(683,640)
(663,781)
Pelarasan (a) RM’000
(22,383) 109,691 308,352 244,440
13,743 716 14,459 14,459
Pelarasan Dinyatakan (b) semula RM’000 RM’000 16,696 16,696 16,696
8,056 110,407 339,507 275,595
Pelarasan kepada penyata kedudukan kewangan disatukan pada 31 Disember 2023 (Kumpulan) adalah seperti berikut:
Item berikut ditolak dari liabiliti segmen untuk mendapatkan jumlah liabiliti dilaporkan di penyata kedudukan kewangan disatukan: 2024 RM’000
Dinyatakan sebelumnya RM’000
Pelaburan syarikat bersekutu Pelaburan syarikat usahasama Pendapatan terkumpul Kepentingan bukan kawalan
Dinyatakan sebelumnya RM’000
Pelarasan (a) RM’000
Pelarasan (b) RM’000
Dinyatakan semula RM’000
96,709 332,533 (2,935,636) (493,896)
39,775 26,019 (65,583) (211)
(37,647) 37,647 -
98,837 358,552 (2,963,572) (494,107)
137
Yayasan Sabah (Ditubuhkan di bawah Enakmen Yayasan Sabah, 1966) Dana Yayasan Sabah Nota-nota kepada penyata kewangan Bagi tahun kewangan berakhir 31 Disember 2024 42.
Pelarasan tahun sebelumnya (sambungan) Pelarasan kepada penyata kedudukan kewangan disatukan pada 1 Januari 2023 (Kumpulan) adalah seperti berikut:
Pelaburan syarikat bersekutu Pelaburan syarikat usahasama Pendapatan terkumpul Kepentingan bukan kawalan
Dinyatakan sebelumnya RM’000
Pelarasan (a) RM’000
117,560 245,479 (2,761,346) (494,396)
26,032 25,303 (51,227) (108)
Pelarasan Dinyatakan (b) semula RM’000 RM’000 (54,343) 54,343 -
89,249 270,782 (2,758,230) (494,504)
Moving Forward 138
• Unwavering Commitment to Corporate Excellence • People-Centric Innovation and Development • Integration of Social Programmes for Sustainable Growth • Strategic Partnerships for Long-Term Economic Development • Facilitating Research to Support Conservation Efforts • Building Resilience and Driving Revenue Generation in the Face of Challenges • Prioritising Health and Renewable Energy for Lasting Impact on Community Well-Being and the Sustainable Development of Sabah
We remain strong in unprecedented challenges and sweeping changes, opening a new chapter in corporate excellence. As we traverse the fast-paced environment forged by the Sabah Maju Jaya (SMJ) 2021-2025 Development Plan, we chart a strategic course that merges unrelenting determination, sustainable development, and social responsibility. An unrelenting drive for corporate excellence is central to our path. Beyond aspiration, it is an earnest goal woven closely with meticulous planning and directed effort. We consider the realisation of excellence and raising the social and economic standard of care for the communities in which we operate. Since lasting competitiveness depends on relentless innovation, we invest in keeping our most valuable resource—PEOPLE—at their best. By embracing ongoing learning and an active process for succession planning, we maintain staff responsiveness, dynamism, and alignment with emerging trends within their respective sectors. Financing becomes crucial as our social initiatives increase scope and sophistication. We resolve to create an enduring, growthbased, education-focused society that remains unrelenting.
YAYASAN SABAH GROUP
Menara Tun Mustapha Yayasan Sabah Headquarters Complex Likas Bay, P.O. Box 11623 88817 Kota Kinabalu, Sabah, Malaysia
The future for sustainable economic development is brought about through collaborative partnerships and leveraging resources. We are positioned as an enabler for worthwhile business opportunities and are dedicated to creating lasting value for our shareholders and advancing Sabah economically. Building on conventional conservation approaches, we acknowledge that scientific research is important in protecting biodiversity. We are committed to enabling research in the protected areas in our charge, linking conservation efforts with sound scientific evidence. We recognise the significance of generating revenues from diversified sectors such as plantations, tourism, oil and gas, and energy to sustain our capability to fulfil obligations and ensure financial sustainability. As we advance, we stay true to being an inspiration for hope and an agent for positive change. Our focus on ongoing improvement, social contribution, and sustainability-driven development places us not only among the best but also as an innovator, creating the future for excellence in Sabah.
KYS - Kumpulan Yayasan Sabah +6 088 435112
+6 088 213227
Yayasan Sabah ysinfo@ysnet.org.my
kumpulanyayasansabah http://www.yayasansabahgroup.org.my
Initiatives taken in advance ensure the ongoing provision of meaningful social programmes. 309
YSG Annual Report 2024