KOTA KINABALU: Datuk Dr Yusof Yacob has been appointed chairman of the State  Government investment arm, Qhazanah Sabah Berhad with immediate effect. 

The Sindumin Assemblyman received his letter of appointment from Chief Minister Datuk  Seri Panglima Haji Hajiji Haji Noor in a brief ceremony at his office in Menara Kinabalu  here today. 

Minister of Finance, Datuk Seri Panglima Masidi Manjun and State Secretary, Datuk Seri  Panglima Hj Safar Untong were present. 

During the same ceremony, Hajiji also presented the appointment letter to Tanjung Papat  Assemblyman Datuk Frankie Poon as chairman of Sabah Development Berhad (SDB). 

The Sabah DAP chief’s appointment is also effective immediately. 

Congratulating Dr Yusof and Poon for the appointment, Hajiji hoped they would be able  to contribute to the growth of the state-owned companies.