Abang Johari signs the plaque to officially launch the office. Sulong is at second right. – Photo from Sarawak Premier’s Office

KUCHING (Sept 30) Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg yesterday officiated the Kuala Lumpur Satellite Office of the Sarawak Sovereign Wealth Future Fund.

According to a posting by the Premier’s official Facebook page Sarawakku, the event took place at Level 39, Menara Affin, Lingkaran TRX, Tun Razak Exchange in Kuala Lumpur, where the Premier also received a courtesy call from the fund’s board members.

Leading the delegation was the fund’s chairman, Tan Sri Sulong Matjeraie, together with board members Datuk Lain John Lo, Tan Sri Ahmad Nizam Salleh, Datu Soedirman Aini, and Tan Sri Shahril Ridza Riduan.

Also present was the fund’s chief executive officer, Abang Rahmat Yusuf.

The establishment of the Kuala Lumpur office is part of the state government’s efforts to strengthen Sarawak’s sovereign wealth management and expand its reach beyond the state.

According to The Borneo Post report dated April 22, the Sarawak Sovereign Wealth Future Fund Board (SSWFFB), which officially commenced in 2024, is entering its capital development phase this year.

Sulong said the transition into the new phase will see SSWFFB going in as global investor.

He also assured that SSWFFB’s approach would continue to be cautious, strategic, and always centred on the interests of the people of Sarawak.