KUCHING: Shin Yang Group Bhd (SYGroup) has appointed Richard Ling Peng Ling as its new chief executive officer (CEO), effective Jan 1, 2026. Ling, 60, was promoted from his role as group chief operating officer (COO), a position he has held since 2023. “He will be responsible to lead the
KUCHING: Sarawak-based listed planters — WTK Holdings Bhd, Jaya Tiasa Holdings Bhd, Ta Ann Holdings Bhd and Sarawak Plantation Bhd — have all reported sharply higher production volumes of fresh fruit bunches (FFB) last month as compared to a year ago. In November 2025, WTK’s FFB output surged by 4,174
KUCHING: Perdana Petroleum Bhd (PPB) has secured contracts to lease two anchor handling tug and supply (AHTS) vessels to Dialog Resources Sdn Bhd. In a filing with Bursa Malaysia, PPB said its wholly owned subsidiary, Perdana Nautika Sdn Bhd, received two letters of award for the charter of the vessels
KUCHING: Bintulu Port Sdn Bhd (BPSB) has secured a further 12-month extension to continue operating Bintulu Port in 2026. In a filing with Bursa Malaysia, Bintulu Port Holdings Bhd said BPSB has entered into a fourth interim agreement with the federal government—represented by the Transport Ministry Malaysia—and the Bintulu Port
KUCHING: Quality Concrete Holdings Bhd has sharply narrowed its group net loss to RM1.09 million in the third quarter ended Oct 31, 2025 (3Q2025), from RM6.6 million a year earlier, as revenue climbed to about RM56 million from RM38.1 million. The stronger showing was underpinned by a robust performance in
KUCHING: Insights Analytics Bhd posted a group net profit of about RM9.9 million on revenue of RM26.47 million for the second quarter ended Oct 31, 2025 (2Q2025), translating into earnings per share of 2.25 sen. There were no year-on-year comparisons as the Sarawak-based technology solutions provider was listed on the
KUCHING: Press Metal Aluminium Holdings Bhd now owns an indirect equity interest of 80 per cent in joint venture company PT Kalimantan Alumina Nusantara (KAN). This followed the completion of the final subscription tranche in KAN by its wholly owned subsidiary, Press Metal International Resources (HK) Ltd (PMIR), which subscribed
KUCHING: Reservoir Link Energy Bhd’s (RLEB) shareholders have been urged to vote in favour of the proposed acquisition of the remaining 70 per cent equity interest in Propel Maxflo Sdn Bhd for RM17.24 million by its whollyowned subsidiary, Reservoir Link Sdn Bhd (RLEB), at the company’s forthcoming extraordinary general meeting (EGM) on
KUCHING: AIZO Group Bhd’s executive chairman Dato Abang Abdillah Izzarim Abang Abdul Rahman Zohari has accumulated more company shares in a series of acquisition this week. From Monday to Wednesday, he bought another 6.92 million shares for RM380,600, raising his total equity interest in the company to about RM341.39 million
KUCHING: Indonesian plywood, both all-natural wood and falcata-combination types, has maintained a firm pricing trend in the Japanese market. This firm market tone is driven primarily by elevated log prices due to limited log availability. Thin plywood, which depends on high-grade logs, is experiencing tight raw material supply, according to