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<b>Sabah</b> stamp dominance in zonal qualifying c&#39;ship – BorneoPost <b>...</b> Berita Sabah - News 2 Sabah


<b>Sabah</b> stamp dominance in zonal qualifying c&#39;ship – BorneoPost <b>...</b>

Posted: 15 Apr 2014 09:07 AM PDT

by Ting Tieng Hee, reporters@theborneopost.com. Posted on April 16, 2014, Wednesday

KUCHING: Sabah grabbed the major share of the lion's spoils at the 100Plus National Junior Circuit Sabah Sarawak Zone badminton championship when they captured 13 out of the 16 categories in the three-day competition at Sarawak Badminton Association (SBA) Hall last Sunday.

The visitors grabbed three titles in the U12 categories, with unseeded Mohd Hamizan Mozes beating teammate and tournament second seed Demond Anthony Samin 21-17, 21-13 in the Boys U12 singles final, favourite Arena Satu Samin beating teammate Goh Shuen Tong 19-21, 21-15, 21-18 in the Girls U12 singles while Mohd Hamizan Mozes and Lincoln Isaac Shim upsetting top seeds Demond Anthony Samin and Naldo Fong Kuo Yoong 15-21, 21-15, 21-18 in an all-Sabah Boys U12 doubles final.

Sarawak's Erika Vallensia and Wong Ling Ching, the top seeds, prevented Sabah from sweeping all the U12 categories when they beat teammates Kashley Kho Tze Yin and Yong En En 21-18, 21-14 to lift the Girls U12 doubles title.

However, it was a clean sweep for Sabah in the U14 categories as top seed Neville Baptist Luaran beat Sarawak's Syafiq Azhar Murat, the second seed, 23-21, 21-16 in the singles final while the top seed player Petrica Eleng Samin overcame Sarawak's second seed player Felicia Fong Xin Hui 21-12, 24-22 in the girls singles final.

Petricia partnered Shannia Dedee Richard to upset the top seeds from Sarawak Felicia Fong Xin Hui and Flora Fong Xin Jie 21-18, 20-22, 21-15 in the girls doubles while the boys doubles final saw Ling Dai Hao and Neville Baptist Luaran taking the title after defeating teammates Jaykester Jenenius and Macvin Marvin Martin 21-17, 21-17.

Kam Wei Li from Miri salvaged some pride for Sarawak as the fourth seed won the Girls U16 singles title after beating team and training mate Yong Ping Ping 11-7 (retired) in the final.

Wei Li then partnered Ping Ping to easily beat another Sarawak pair Jee Yu Fei and Kristy Tay Yong 21-11, 21-15 in the Girls U16 doubles final.

The Boys U16 singles and doubles crowns were captured by Sabah with Wan Mohd Hidayat Wan Hassan defeating Sarawak's Wilson Lau Ngie Ding 15-21, 21-17, 21-9 and Casey Yong-Yap Qar Siong beating Sarawak pair Jeremy Kho-Owen Ting Shih Wee 21-7, 21-16 respectively.

The highlight of the tournament was in the Boys U18 singles final that saw Sarawak's Clement Chieng Jia Yew beating his teammate Eric Jong Zie Sheng 21-17, 21-15.

Sabah took the Girls U18 singles crown when Lydia Habirin Lapongan tamed teammate Donnetta Avrelica Moisol 21-18, 21-10 in the final.

Lydia completed a double in the tournament when she partnered Joanne Chai Guan Jun to overcome another Sabah pair Grace Lee Yi Jing and Nur Adilah Syafiqah Adiman 24-26, 21-11, 21-17 in the Girls U18 doubles final.

The Boys U18 doubles title was won by Sabah's Muhd Sharul Nazim Rahman and his brother Muhd Sharul Nizam who beat Sarawak's Eric Jong Zie Sheng and Kam Sing Siong 19-21, 21-19, 21-17.

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<b>Sabah</b> Credit launches RM1.5 billion sukuk programme <b>...</b>

Posted: 07 Apr 2014 10:36 AM PDT

KUALA LUMPUR: Sabah Credit Corporation (SCC)launched its RM1.5 billion Sukuk Musharakah Programme yesterday, in line with growing demand for Islamic financing in the country.

The Sukuk Musharakah Programme, launched by Sabah Chief Minister Datuk Seri Musa Aman, also provides an Islamic financing platform for the corporation to opportunistically tap the robust liquidity available in the local capital market.

This financing facility marks the second syariah-compliant sukuk programme under SCC after introducing its first Shariah compliant financing products to customers in 2010 SCC is also the first state government agency in Sabah to venture into Islamic financing.

AmInvestment Bank is the sole principal advisor and lead arranger for the Sukuk Musharakah Programme which comprises a seven-year RM750 million Islamic Commercial Papers Programme and a 20-year RM1.5 billion Islamic Medium Term Notes Programme, subject to a joint-limit of RM1.5 billion.

The programme will provide the corporation the flexibility to issue short-term and long-term sukuk from tenures of one month to up to 20 years, said SCC and AmBank in a joint-statement yesterday.

The proceeds from the sukuk will be utilised by the corporation to fund its Islamic financial business.

Meanwhile, AmBank Group chairman Tan Sri Azman Hashim said the Sukuk Musharakah Programme further strengthens Malaysia's vibrant Islamic capital market and the country's position as the leading Islamic financial centre globally.

"Sukuk issuances from this new programme will attract new investors, thereby enhancing SCC's already diversified investor base from both East Malaysia and the Peninsular," he said.

He also expressed his belief in the bank's partnership with SCC and acknowledges the corporation's responsible practices such as its corporate social responsibility (CSR) programmes and diligent payment of dividends to the state government.

"We are pleased that SCC has over the years successfully achieved impressive credit spread tightening on its bond issuances on the back of increased investor confidence and demand, while rewarding the existing bondholders and creating significant milestones in the capital market," he said.

Azman said SCC has transformed itself from being a government-dependent organization to a self-sustaining agency showing steady and impressive financial performance over the years.

To date, SCC has contributed over RM17 million for 128 CSR programmes such as construction of rural school hostels, orphanages, half-way homes, centres for single mothers and rehabilitation centres within communities.

At the launch, Musa also received dividend payment of RM25 million and loan repayment of RM21,824.49 on behalf of the state government from SCC.

SCC also presented RM500,000 to SMK Tebobon to finance the construction of its multi-purpose hall, RM300,000 to Rumah Anak Yatim dan Perlindungan Tuaran and RM272,000 to the Kota Kinabalu Widows Association. — Bernama

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