LKTNS Distributes RM21.3 Million in Dividends to 2,119 Settlers and Participants
- nabalunews
- 11 minutes ago
- 2 min read
17 December 2025
KOTA KINABALU: The Sabah Land Development Board (Lembaga Kemajuan Tanah Negeri Sabah, LKTNS) has distributed income and dividends amounting to RM21.3 million to representatives of settlers and participants from the East Coast and West Coast regions, involving a total of 2,119 settlers and participants for the financial year ended 31 December 2025.
LKTNS General Manager, Datuk Syaheddrul R. Joddari, said that this achievement was recorded despite ongoing market uncertainties in the palm oil industry throughout 2024 and 2025.
“Despite facing various challenges, LKTNS remains committed to safeguarding the welfare of settlers and participants through prudent management and sustainable development strategies,” he said at the LKTNS Settlers’ Income and Dividend Distribution Ceremony for the year 2025, held today at the Sabah State Legislative Assembly (DUN) building.
The ceremony was witnessed by the Chief Minister, Datuk Seri Panglima Haji Hajiji Haji Noor, as well as the Member of the Sabah State Legislative Assembly (ADUN) for Nabawan, Datuk Abdul Ghani Mohamed Yassin, and the State Secretary, Datuk Seri Panglima Sr Haji Safar Untung.
Also present were LKTNS Corporate Services Officer Haji Fauzie Jamlee, LKTNS Senior Finance Manager (Subsidiaries) Puan Phun Siew Wee, and two representatives of LKTNS settlers/participants, namely Mr Mohd Adzlie Jaidih (Ulu Dusun Participant, Sandakan) and Mr Mohammad Shahrum Nizam (Sungai Manila Participant).
According to Syaheddrul, the increase in income distribution is in line with the calls of both the State and Federal Governments to eradicate poverty and strengthen the rural economy.
“The distribution of dividends and income reflects LKTNS’s continued commitment to ensuring that the benefits of development are shared inclusively among settlers and participants, even amid a challenging economic environment,” he added.
