Bintulu Development Authority acquires 10pct stake in Pertama Ferroalloys – DayakDaily
Tokyo, Dec 17: In a landmark step towards economic advancement, community development, and sustainability in Sarawak, the Bintulu Development Authority (BDA) has acquired a 10% equity stake in Pertama Ferroalloys Sdn Bhd through a Share Transfer Memorandum of Understanding (MoU). According to a news report by Sarawak Public Communications Unit (UKAS), the agreement was officially signed during a ceremony in Tokyo, Japan today, with Pertama Ferroalloys chairman and managing director Hirotaka Suzukki and BDA general Manager Datu Muhamad Yakup Kari representing their respective organizations. The momentous occasion was witnessed by Sarawak Premier Datuk Patinggi Tan Sri Abang Zohari Tun Openg. The strategic partnership builds on the collaborative successes of Pertama Ferroalloys and BDA, notably the bamboo cultivation project launched in November 2023, which underscored their shared commitment to sustainability and environmental conservation. Speaking at the event, Suzuki highlighted that the collaboration extends beyond financial investment, aiming to deliver societal and