"Mangkang Menua,Mangkang Dunya,Ngetan Ke Bansa!!"

November 9, 2011

Salcra to pay out RM100.888 mln in dividends

Filed under: Dayak Syndrome — Pengayau @ 8:08 am
Tags: ,

RM100.888 Million divide by 16 374 Land owners = RM6161.48, divide by 12 months = RM513.70 a months? This is by average. Jabu oh Jabu. How i wish i could pee on your face!!!

Taken from Borneo Post

KOTA SAMARAHAN: Sarawak Land Consolidation and Rehabilitation Authority (Salcra) will pay RM100.888 million in dividends early next year.

Deputy Chief Minister Datuk Patinggi Tan Sri Alfred Jabu said the amount would be divided among the 16,374 land owners who participated in Salcra oil palm plantations.

“Looking at our financial strength, Salcra has enjoyed profits due to prudent management which enabled high production, thus we are able to pay the amount to the participants,” Jabu, who is Salcra chairman, told a media conference at Salcra headquarters here yesterday.

He had earlier chaired Salcra 87th Board of Directors meeting at the headquarters.

Jabu explained that only participants with mature estates were entitled to receive the payment, and not those who had just started.

The Rural Development Minister pointed out that the payment would be split into two – one in early next year and the other in July – and he hoped recipients would use their dividend wisely, taking into account the educational welfare of their children.

“We (Salcra) chose to pay the dividend by early next year because we are aware that parents need money to register their children at schools,” Jabu said.

He added that Salcra did not want to see the participants face financial burden when they send their children to schools.

The Modernisation of Agriculture Minister went on to say that the second payment in July was to prevent overspending by some participants during Gawai.

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