KUCHING: Ta Ann Holdings Bhd’s licences for three forest management units (FMU) in the Song-Kapit region have been renewed for a period of 30 years until 2053. These are the Kapit FMU, Pasin FMU and Raplex FMU covering a total area of 346,021 hectares, according to Ta Ann executive chairman
KUCHING: Zecon Bhd will place greater emphasis on projects and developments involving renewable energy (RE), including large-scale solar farm projects, going forward. Zecon’s group managing director Datuk Zainal Abidin Ahmad said the group has earmarked a sizeable portion of its 3,000 acres of landbank here for these projects. “Discussions are
KUCHING: WTK Holdings Bhd expects its oil palm business to achieve improved performance this year with the expanded size of its oil palm estates. The company’s proposed acquisition of an oil palm company, B.H.B. Sdn Bhd, for RM250 million cash is due for completion this month. B.H.B. owns about 5,043
KUCHING: YKGI Holdings Bhd, via its subsidiary ASTEEL Group, has begun implementing plans for expanding into markets in ASEAN, such as Kalimantan, Indonesia and Manila, the Philippines. The company’s group managing director Datuk Sri Victor Hii Lu Thian said in view of the high population density and rapid infrastructure development
KUCHING: Reneuco Bhd (formerly known as KPower Bhd) and Citaglobal Bhd will set up a special purpose vehicle to undertake the development of an independent and renewable power production facilities for the East Coast Rail Link (ECRL) project’s network (ECRL IPP project). Reneuco has entered into a consortium agreement with
KUCHING: Perdana Petroleum Bhd (PPB) expects the smaller supply of offshore support vessels (OSVs) in the market to bolster demand for the group’s fleet of OSVs in 2023. Another positive factor, according to PPB chairman Datuk Dr Abd Hapiz Abdullah, is the larger volume of oil & gas (O&G) upstream
KUCHING: OM Materials (Sarawak) Sdn Bhd has temporarily suspended partial of the production at the first silicon metal furnace at its ferro alloy smelting plant in Samalaju Industrial Park, Bintulu. The reason of the temporarily suspension is due to the furnace not operating as anticipated within the framework of the
KUCHING: Japan’s imports of plywood and assembled wooden flooring from key suppliers, including Malaysia, have contracted sharply this year as compared to 2022. In January 2023, Japan’s total plywood shipments from Malaysia, Indonesia, China and Vietnam fell to 122,600 cubic metres (cu m) from 185,200 cu m in January 2022
KUCHING: Bintulu Port Sdn Bhd (BPSB) has been granted another one year from July 1, 2023 to continue operating Bintulu Port. The wholly-owned subsidiary of Bintulu Port Holdings Bhd (BPHB) has received a notification from Bintulu Port Authority (BPA) on the Cabinet’s approval for BPSB to continue operating Bintulu Port under the
KUCHING: Sealink International Bhd’s independent auditors, Messrs Grant Thornton Malaysia PLT, has issued an audit opinion with the existence of an uncertainty related to going concern of the company in view of the current economic conditions. The auditor draws attention to Note 2 of Sealink financial statements for financial year
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