SESB engineers also against proposed takeover

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KOTA KINABALU: Sabah Electricity Sdh Bhd (SESB) Engineers’ Union fully supports the statement made by the SESB Workers’ Union against the preposterous proposal by Sabah Housing and Real Estate Developers Association (Shareda) to take over SESB.

Its president, Ir Chu Wai Quan, said the members are fully behind the management of SESB, TNB and authorities in efforts to improve the electricity supply and the quality of SESB’s services to the people in Sabah.

“With the on-going reforms to improve the electricity supply in Sabah, and the transformation programme being undertaken by SESB/TNB, we are confident that SESB will be able to deliver marked improvement in the short and long term,” he said in a statement yesterday.

On Tuesday, SESB Workers’ Union strongly opposed the suggestion of a management takeover by Shareda or any private bodies.

“It makes no sense that an association whose mission is to build properties and reap huge amount of profits will be able to take over the responsibility of SESB which is a government-run company,” said its president, Azhar Datuk My Ahmad.

Shareda has challenged SESB to issue an offer letter if it cannot manage the utility company. Its president, Datuk Francis Goh Fah Shun, said his parties were willing to hear the price offer if SESB wished to sell the company.

“I am brave to say that as according to Shareda’s survey, last year our members paid about RM180 million as Capital Contribution Charges (CCC) to SESB.

“If our members are able to pay that amount annually to SESB, am I not able to buy SESB at RM2 billion with repayment to the bank in 10 years?

“If it cannot do its operations well … give us a price quotation and we’ll help the people of Sabah,” he said at a press conference after Shareda’s 22nd annual general meeting recently.