KUALA LUMPUR: BINTULU PORT HOLDINGS BHD [] has received a letter of intent from the Sarawak state government to submit a detailed proposal for the development, management and operation of the Samalaju Port.
In a filing to Bursa Malaysia on Wednesday, Oct 20, Bintulu Port said the proposal, if accepted and approved, would result in its appointment to build, own, operate and manage the new port.
'The State Government of Sarawak has decided to establish a State Port at Samalaju to serve the industries to be located within the Sarawak Corridor for Renewal Energy (SCORE).
'The State Government, in consultation and agreement with the Federal Government, has decided that Bintulu Port Holdings Berhad or its wholly owned subsidiary should develop and operate the new Samalaju Port,' it said.
Bintulu Port said the terms and conditions, including the duration for such appointment, would have to be agreed between the state government and itself, in accordance with the requirements of Section 3(1) of the Port Authorities Ordinance, 1961 (No.1 of 1961).
In a filing to Bursa Malaysia on Wednesday, Oct 20, Bintulu Port said the proposal, if accepted and approved, would result in its appointment to build, own, operate and manage the new port.
'The State Government of Sarawak has decided to establish a State Port at Samalaju to serve the industries to be located within the Sarawak Corridor for Renewal Energy (SCORE).
'The State Government, in consultation and agreement with the Federal Government, has decided that Bintulu Port Holdings Berhad or its wholly owned subsidiary should develop and operate the new Samalaju Port,' it said.
Bintulu Port said the terms and conditions, including the duration for such appointment, would have to be agreed between the state government and itself, in accordance with the requirements of Section 3(1) of the Port Authorities Ordinance, 1961 (No.1 of 1961).
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