Author: Alvin Tang

KUCHING: Subur Tiasa Holdings Bhd has developed 23,500 hectares of oil palm estates — over 52 per cent of its 44,500-hectare plantation landbank — across Sibu, Mukah, Samarahan, and Kapit.  Approximately 83 per cent of palms are in their prime mature stage, with a weighted average age of 11.5 years, said

KUCHING: Zecon Bhd’s Kota Petra Green Technology Park (KPGTP) is expected to attract RM12 billion in investment, and generate 10,000 jobs during its construction phase, said Group Managing Director, Datuk Zainal Abidin Ahmad. Spanning 3,000 acres near Demak Laut Industrial Estate and Senari Port, the park will focus on high-growth

KUCHING: AIZO Group Bhd’s 63 per cent-owned unit, Wawasan Demi Sdn Bhd (WDSB), has inked a 21-year power purchase agreement (PPA) with Tenaga Nasional Bhd (TNB) for a 99.99 MWac large-scale solar photovoltaic project in Kampar, Perak. The project, awarded under the national LSS programme, is slated to begin commercial

KUCHING: Sarawak Oil Palms Bhd (SOP) posted a 43 per cent jump in net profit to RM113.8 million for the first quarter ended March 31, 2025 (1Q2025), from RM79.5 million a year ago, lifted by higher fresh fruit bunch (FFB) yields and better selling prices. Group revenue rose 9 per

KUCHING: Rimbunan Sawit Bhd’s audited FY2024 financial statements have been flagged with a material uncertainty by its independent auditor, Crowe Malaysia PLT, raising doubts about the group’s ability to continue as a going concern. Despite issuing an unmodified opinion, the auditor noted that the group’s current liabilities exceeded current assets by

KUCHING: KKB Engineering Bhd has won an adjudication case against Fook Lai Construction & Development Sdn Bhd over RM10.06 million in unpaid claims for structural steel work at a glove factory in Bintulu. The dispute stems from subcontract work awarded on August 30, 2022, for the supply, fabrication, painting, and

KUCHING: Malaysia’s exports of tropical wood furniture, hardwood plywood, and mouldings/decking to the United Kingdom (UK) expanded significantly last year. In 2024, the UK reported a 9 per cent rebound in wood furniture imports, reaching USD457 million, after experiencing a sharp 43 per cent decline in 2023. Year-on-year, wood furniture

KUCHING: Reservoir Link Energy Bhd (RLEB) has proposed a private placement that has the potential to raise up to RM12.1 million. The proposed fundraising exercise entails the placement of up to about 37.8 million new ordinary shares, representing up to approximately 10 per cent of the company’s total number of

KUCHING: Reservoir Link Sdn Bhd (RLSB) plans to acquire a 30 per cent stake in Propel Maxflo Sdn Bhd for RM7.39 million in cash. The wholly owned subsidiary of Reservoir Link Energy Bhd (RLEB) executed a binding term sheet recently with Propel Oilfield for the proposed acquisition of 545,044 ordinary