Author Archives: Alvin Tang

LCIB to sell off property for RM65m

KUCHING: Sarawak Cable Bhd’s wholly-owned unit, Leader Cable Industry Bhd (LCIB), will dispose of an industrial property in Selangor for RM65 million in cash. LCIB has entered into a conditional…

Acesteel to be a subsidiary of SSM

KUCHING: YKGI Holdings Bhd’s wholly-owned subsidiary Star Shine Marketing Sdn Bhd (SSM) has entered into a debt settlement arrangement with Acesteel Industries Bhd, which owes the former RM3.5 million. The…

ECSB claims for general damages

KUCHING: Ekovest Construction Sdn Bhd (ECSB) has claimed for general damages from Samling Resources Sdn Bhd (SRSB) for what it claimed as “wrongful termination” of the joint venture and shareholders…

Quality Concrete’s Q1 revenue up

KUCHING: Quality Concrete Holdings Bhd’s construction & property development segment has more than doubled its revenue in first quarter ended April 30, 2019 (Q1-2019). The segment’s turnover surged to about…

KKB bags RM29 million contracts

KUCHING: KKB Engineering Bhd (KKB) and its oil & gas subsidiary OceanMight Sdn Bhd have been awarded three contracts worth a combined RM29 million. Two of the contracts involved the…