KUCHING: Satok PBB will launch its investment trust fund to be known as Perbadanan Pelaburan Satok (PPS) which will be involved in property and asset management business.

Housing and Tourism Minister, who is also the chairman of Satok PBB, Datuk Amar Abang Johari Tun Openg said the purpose of setting up the trust fund was to enable bumiputras in the Satok state constituency to participate in development in the rapidly developing business district of Satok.