HIS ROYAL HIGHNESS, SULTAN ESMAIL D. KIRAM II, HAS SIGNED A DECREE ASSIGNING THE ECONOMIC AND BUSINESS DEVELOPMENT AND MANAGEMENT TO THE 'SULTANATE OF SULU AND NORTH BORNEO COMPANY, LIMITED ' OF  HONGKONG. THIS NEW COMPANY WILL NOW BE RESPONSIBLE FOR THE IMPLEMENTATION OF THE LONG TIME DELAY AUDIT AND INVENTORY OF THE PROPRIETARY PROPERTIES OVER SABAH, MALAYSIA OF THE SULTANATE . THE SAID PROPRIETARY AUDIT AND INVENTORY HAS NEVER BEEN IMPLEMENTED DUE TO  THE SECOND WORLD WAR IN THE OFFING PRIOR TO ITS IMPLEMENTATION IN 1939. AFTER THE WAR, THE 1939 LETTER OF SABAH ADMINISTRATION  HAS BEEN OVERLOOKED BY THE SUCCEEDING SULTANS DUE TO STIFF POLITICAL TURMOILS THAT THE SULTANATE OF SULU AND NORTH BORNEO KINGDOM HAS UNDERGONE.

THE APPOINTMENT OF THE HONGKONG-BASED COMPANY FOR THE SULTANATE OF SULU AND NORTH BORNEO HAS SAID TO BE MONUMENTAL TO BOLSTER THE FRIENDSHIP RELATIONS OF LONG-TIME ALLY  AND FRIEND OF THE SULTANATE KINGDOM DATES BACK IN 1400 AD. CHINA IS SAID TO BE ON THE NEW FRONTIER OF DEVELOPMENTS AND THE SULTANATE TRADITIONAL KINGDOM IS VERY RECEPTIVE TO JOINTLY WORK WITH THE CHINA GOVERNMENT TO DEVELOP THEIR PROPRIETARY OWNERSHIP IN TERMS OF ENERGY AND OTHER MATTERS THAT CAN BOLSTER CHINA TO BECOME THE MAJOR PLAYER IN THE WORLD ECONOMY.