TOKYO: The Bintulu Development Authority (BDA) has acquired a 10 per cent stake in Pertama Ferroalloys Sdn Bhd through a share transfer memorandum of understanding (MoU).
The share transfer agreement marks a significant milestone for economic growth, community development, and sustainable initiatives in Sarawak.
The MoU was officially signed during a ceremony here, yesterday (Dec 17).
Representing their respective organisations were Pertama Ferroalloys chairman and managing director Hirotaka Suzuki and BDA general manager Datuk Muhamad Yakup Kari. Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg witnessed the signing.
This partnership builds on previous collaborations between Pertama Ferroalloys and BDA, including the successful launch of the Bamboo Planting Project in November 2023, which reflected their shared commitment to sustainability and environmental conservation.
Hirotaka said the partnership extends beyond financial investment, contributing positively to Sarawak’s social and environmental wellbeing.
He expressed optimism about support from both parties to drive economic growth not only in Bintulu but also across Sarawak and Malaysia.
“This initiative will enhance the wellbeing of the local community and serve as an example for organisations and leaders to spearhead sustainable initiatives in Sarawak, in line with the Post-Covid-19 Development Strategy (PCDS) 2030,” he said.
Pertama Ferroalloys Sdn Bhd operates Malaysia’s first large-scale manganese alloy and ferrosilicon smelting plant.
The company produces and distributes manganese alloy products to the global steel industry, prioritising sustainability alongside profitability.
Also present were Deputy Premier Datuk Amar Awang Tengah Ali Hasan, Malaysian Ambassador to Japan Datuk Shahril Effendi Abd Ghany, Minister for Utility and Telecommunication Datuk Seri Julaihi Narawi, Deputy Minister of International Trade, Industry, and Investment Datuk Dr Malcolm Mussen Lamoh, Deputy Minister of Energy and Environmental Sustainability Datuk Dr Hazland Abang Hipni, State Attorney General Datuk Seri Saferi Ali, and Sarawak Financial Secretary Datuk Seri Dr Wan Lizozman Wan Omar.
