KUCHING: Sarawak Consolidated Industries Bhd (SCIB) Group suffered huge losses of RM33.26 million for an 18-month period to December 31, 2025, due mainly to impairment of receivables in the construction/engineering, procurement, construction and commissioning (EPCC) segment. Group revenue stood at RM276.2 million. The company incurred losses per share of 4.86
KUCHING: Ceramic tiles manufacturer Kim Hin Industry Bhd has reported improved sales by its Australia operation while making a turnaround in its China operation after cessation of the manufacturing activities in Shanghai a year ago. In fourth quarter to December 31, 2025 (4Q2025), Kim Hin significantly narrowed its group net
KUCHING: WTK Holdings Bhd has returned to profitability with group net profit of RM38.6 million on revenue of RM577.1 million in financial year ended December 31, 2025 (FY2025) after losing money for six straight years since 2019. In FY2024, WTK incurred group net loss of RM43.2 million on sharply higher
KUCHING: Shin Yang Group Bhd has reported improving prospects for its shipbuilding and ship repair business as a result of positive developments in the oil & gas (O&G) sector. The Miri-based company said there is now higher capital expenditure (capex) in the O&G sector, and sustained demand for offshore support
KUCHING: Borneo Oil Bhd’s food and franchise business has been boosted by the opening of additional eatery outlets. For the second quarter ended 31 December 2025 (2Q2025), the group increased its total number of outlets by eight to 163, reflecting continued expansion, said the company, which owns the home-grown fast
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.