KUCHING: Sarawak Consolidated Industries Bhd’s (SCIB) board of directors views the proposed disposal of indirect wholly-owned subsidiary SCIB Concrete Manufacturing Sdn Bhd (SCM) for RM113 million as “justifiable” based on the valuation of independent valuer, BDO Capital Consultants Sdn Bhd (BDOCC). On November 18, 2025, SCIB and SCIB Holdings Sdn
KUCHING: The United States of America (US) has more than tripled the imports of hardwood flooring from Malaysia in the January-October 2025 (10m2025) period. In October, US shipment of the product from Malaysia surged by 29 per cent from a year ago, and after a dip in the previous month
KUCHING: Dayang Enterprise Holdings Bhd said its wholly owned subsidiary, DESB Marine Services Sdn Bhd, has entered into a sale and purchase agreement with Shin Yang Shipyard Sdn Bhd for the construction and purchase of a marine vessel valued at RM117.7 million. In a filing with Bursa Malaysia, Dayang said
KUCHING: Supreme Consolidated Resources Bhd’s shareholders’ funds rose sharply to RM116.4 million from RM93.1 million, an increase of RM23.3 million, following its transfer of listing to the ACE Market from the LEAP Market of Bursa Malaysia last year. Executive Chairman, Dato Sri Richard Wee Liang Huat @ Richard Wee Liang
KUCHING: Sealink International Bhd is undergoing another leadership transition, with managing director Yong Kiam Sam resigning just two months after a major board reshuffle at the shipping firm. Kiam Sam, 56, cited personal reason for his resignation, which takes effect on Jan 16, according to a filing with Bursa Malaysia.
KUCHING: Media Chinese International Bhd will cease its media operations in Canada effective Feb 1, 2026. The closure is expected to result in one-off expenses of no less than approximately US$4 million, mainly from staff layoff compensation. These costs will be recognised in the group’s consolidated statement of profit or
KUCHING: WTK Holdings Bhd is seeking its shareholders’ approval on the proposed acquisition of two oil palm plantation estates and an oil palm mill for a total RM555 million at an extraordinary general meeting in Sibu on January 29, 2026. The proposed acquisitions involve 100 per cent equity interest in
KUCHING: Sarawak-based Impact Capital Holdings Bhd is eyeing a listing on Bursa Malaysia’s ACE Market. Via its wholly-owned subsidiaries, Impact Capital is involved in the integration of ICT equipment and systems for critical infrastructure, supply of ICT hardware and software, and provision of ICT and other services. According to its
KUCHING: Sarawak’s monthly crude palm oil (CPO) production volume in December 2025 dropped to 432,051 tonnes from 456,418 tonnes in November, or down by 24,367 tonnes or 5.34 per cent. The decline was in line with the country’s total CPO output which fell to 1,829,761 tonnes from 1,935,510 tonnes or
KUCHING: Reneuco Bhd, formerly known as KPower Bhd, has come under regulatory action after Bursa Malaysia Securities Bhd publicly reprimanded five of its directors for breaches of the Main Market Listing Requirements, with one director also fined RM2,500. The directors involved are executive chairman Datuk Mustakim Mat Nun, executive director