Tycoon offers to obtain more SCIB share
KUCHING: Tycoon Datuk Dr Mohd Abdul Karim Abdullah has offered to acquire the remaining about 44.17 million shares representing 51.37 percent of the total issued Sarawak Consolidated Industries Bhd (SCIB)…
Author Archives: Alvin Tang
Better yield through MPB fertiliser
KUCHING: Pepper farmers, who are hit by prolonged depressed pepper prices, could reduce production costs and increase the yield of their pepper vines by using a special fertiliser produced by…
Serba Dinamik bags RM1.05 bln Uzbek job
KUCHING: Serba Dinamik International Ltd (SDIL) has secured a contract worth US$250.3 million (RM1.05 billion) for the construction of a chlorine processing plant and an independent power plant in Uzbekistan….
OM Sarawak’s ferrosilicon and manganese alloy output up
KUCHING: OM Materials (Sarawak) Sdn Bhd’s ferroalloy smelting plant in Samalaju Industrial Park, Bintulu has raised the production volumes of ferrosilicon (FeSi) and manganese alloy in second quarter this year….
Leong Hup group profits to drop in second quarter
KUCHING: Leong Hup International Bhd’s group profits will be hit by the significant decrease in the selling prices of poultry and eggs. Listed on Bursa Malaysia in May this year,…
Funds raised to pare down group bank borrowings
KUCHING: Bina Puri Holdings Bhd has proposed to undertake a renounceable rights issue with free detachable warrants that could raise up to RM39.54 million. Proceeds from the fund raising exercise…
EPF ups stake in Serba Dinamik
KUCHING: The Employees Provident Fund Board (EPF) has raised its stake in Serba Dinamik Holdings Bhd as it continues to scoop up the company’s shares in the open market. EPF’s…
Vietnam probing MDF dumping allegations
KUCHING: The Vietnamese authorities are investigating alleged dumping of medium density fibreboard (MDF) by Malaysia and Thailand. The probe carried out by the Trade Remedies Authority (TRA) under the Ministry…
Press Metal secures more power from SEB
KUCHING: Press Metal Aluminium Holdings Bhd has secured an additional 500MW of electricity from Sarawak Energy Bhd (SEB) to power its proposed third aluminium smelter in Samalaju Industrial Park, Bintulu….
SPOM to buy factory and plantation land in Mukah
KUCHING: Sinong Pelita Oil Mill Sdn Bhd (SPOM) will buy a factory and plantation land in Oya-Dalat land district, Mukah for about RM44.8 million. The wholly-owned subsidiary of Sinong Holdings…