MIRI – The Sarawak State Mosque Welfare Trust (LAKMNS) has taken near-total control of Lubuk Tiara Sdn. Bhd., following a restructuring that transferred equity previously held by Rimbunan Hijau Group.
Sarawak Premier Datuk Patinggi Tan Sri (Dr) Abang Abdul Rahman Zohari Tun Datuk Abang Openg confirmed the development during a working visit to Lubuk Tiara on Tuesday.
He explained that the restructuring meant LAKMNS now holds almost 100 per cent of the company’s equity, giving the council full authority over its operations.
“Recently, we have restructured the company. Where LAKMNS has an interest in the company. And now they have equity from RH. That means, all the company’s activities are under Lubuk Tiara. This means that the equity is almost 100 per cent controlled by the council,” he said.
The Premier noted that Lubuk Tiara’s activities will not be limited to oil palm cultivation but will expand into other ventures such as biomass production, tree planting, and green economy initiatives.
He highlighted the potential of utilising oil palm waste to produce animal feed, which could generate additional income streams for nearby communities through livestock trading.
The move is seen as part of Sarawak’s broader push towards a circular economy, where agricultural by-products are repurposed to create sustainable value.
Officials believe this diversification will strengthen rural economies and support the state’s long-term development agenda.
The announcement was made in the presence of senior state leaders, including Sarawak Government Secretary Datuk Amar Mohamad Abu Bakar Marzuki, Deputy Minister of Education, Innovation and Skills Development Datuk Dr Annuar Rapaee, Deputy Minister of Public Health, Housing and Local Government Datuk Dr Sim Kui Hian, Penguang Manggil, Miri Resident Galong Luang, and Lubuk Tiara Director Counselor Drahman Jaladin.
The restructuring marks a significant milestone for LAKMNS, positioning it as a key player in Sarawak’s agricultural and green economy sectors.
Analysts suggest that the council’s control of Lubuk Tiara could pave the way for innovative projects that combine economic growth with environmental sustainability.
