China’s loss, Vietnam’s gain
KUCHING: One man’s loss is another man’s gain as the saying goes. That aptly sums up the situation Vietnam is now in, gaining from China’s loss of its share in…
Author Archives: Alvin Tang
Bursa approves SDHB’s share split
Bonus issue and issuance of free warrants also OK’ed KUCHING: Serba Dinamik Holdings Bhd (SDHB) has obtained the approval of Bursa Securities for its proposed share split, bonus issue and…
SHSB sells off 150 million Sealink shares
KUCHING: Sealink International Bhd’s (Sealink) controlling shareholder, the Yong family, has sold 150 million shares or 30 percent of equity interest in the company. The disposal via their family vehicle…
EU buying less M’sian plywood products
KUCHING: Malaysia’s export of tropical plywood products to the European Union (EU) has fallen drastically, with the country losing its market share to China. In the first six months of…
Syndicated lenders granted order to sell Zecon collateral
KUCHING: The syndicated lenders have been granted an order by the High Court here to sell the land charged as collateral by a Zecon Bhd subsidiary for obtaining financing facilities…
Writ of summons seeks RM479.78m from MASSB
KUCHING: AirAsia Bhd and AirAsia X (AAX) have jointly filed a writ of summons at the Kuala Lumpur High Court, claiming some RM479.78 million from Malaysia Airports (Sepang) Sdn Bhd…
Buying out minority shareholders in KPB
KUCHING: Fresh from taking control of Sarawak Consolidated Industries Bhd (SCIB), billionaire corporate figure Datuk Dr Mohd Abdul Karim’s next acquisition target is to buy out minority shareholders in Kumpulan…
Placement exercise proposed
KUCHING: Sarawak Cable Bhd (SCB) has proposed a private placement that could raise up to RM7.29 million for its working capital. The power and telecommunication cables manufacturer’s proposed private placement…
All power from Bakun, Murum dams sold
KUCHING: All the electricity generated by the Bakun and Murum hydroelectric dams has been sold, the bulk of it going to energy-intensive industries in Samalaju Industrial Park. Stating this, Regional…
Keeping promises and delivering
KUCHING: Malaysian companies undertaking overseas projects have to ensure that they deliver what have been promised to protect the good name of the country. This is what Serba Dinamik Holdings…