Message from CEO

YBhg. Dato Isaac Lugun

Chief Executive Officer

I am delighted to share my thoughts on the outlook of the PASB group with fellow employees and all stakeholders. 2024 is a momentous milestone for PASB, as it marks its 30th anniversary. It's also a year of the culmination of two significant initiatives: completion of the restructuring of the PASB group as well as the launch of a strategic plan to reposition PASB for sustainable profitability and financial growth. This is underpinned by ongoing steps taken to put in place a leaner and nimble organisation structure, strengthening of the governance framework and rationalisation of cost. I am confident that all of the above initiatives, including this revamp of the Group's website, are transitioning PASB onto the cusp of a new era of renewed financial growth, for which the payment of a 6 sen dividend by the ASSAR fund, at the end of financial year 2023 - 2024, after a hiatus of 9 years, is a testament. With the same unstinting support from fellow employees, the board, the State government and our investing community, we will be well-positioned to deliver on our objective of helping to uplift the socio-economic status of the bumiputera community in Sarawak. Thank you Dato Isaac Lugun CEO

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