Section 25

to enter into partnership or into any arrangements for sharing profits, union of interests, co-operation, joint venture, reciprocal concession, or otherwise, with any person, body or company carrying on or engage in, any business or transaction which the Corporation is authorised to carry on or engage in, or any business or transaction capable of being conducted so as directly or indirectly to benefit the

Corporation, and to take or otherwise acquire shares and securities of any such company, and to sell, hold, re-issue, with or without guarantee, or otherwise deal with the same;

with the written approval of the Minister, to underwrite the issue of stocks, shares, bonds or debentures by industrial enterprise;

to enter into any arrangements with the State Government of Sabah or any

Government or statutory authority, municipal, local or otherwise that may seem conductive to the objects of the Corporation, or any of them, and to obtain from any such Government or authority, any rights, privileges and concessions which the Corporation may think it desirable to obtain, and to carry out, exercise, and

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comply with any such arrangements, rights, privileges, and concessions;

to promote any company or companies for the purposes of acquiring all or any of the property, right or liabilities of the Corporation or for any other purpose which may seem directly or indirectly calculated to benefit the Corporation;

to purchase, exchange, lease and hold land, buildings and other immovable property.