The future plans for SFI can turn Sabah into a major industrial bio-hub over the next 10 years.
John Lo believes the state government is right in insisting that the company be owned by an experienced paper and pulp operator.
Yong Teck Lee says uncertainties in government policies are bad for business.
Sabah chief minister announces that the new owner of the pulp and paper manufacturer will retain the workforce and pay back wages to those laid off.
The Sabah Timber Industry Employees' Union (STIEU) has been unable to get formal recognition due to judicial reviews filed by the Sabah Forest Industry (SFI).