Thursday, 29 January 2026

Author: Alvin Tang

Insights Analytics posts RM9.9m Q2 profit

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

Press Metal raises equity stake in KAN

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

RLEB urges approval for RM17.24M deal

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

AIZO chief ups stake in ongoing share buys

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

Indonesian plywood prices stay firm in Japan

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

RLEB gets Bursa nod for new shares

KUCHING: Reservoir Link Energy Bhd (RLEB) has received the green light from Bursa Securities on the listing and quotation of about 18.69 million new company sales which will be issued as part payment for the proposed acquisition of the remaining 70 per cent equity interest in Propel Maxflo Sdn Bhd.

Supreme Cold Storage buys Demak Laut property

KUCHING: Supreme Consolidated Resources Bhd’s wholly-owned subsidiary Supreme Cold Storage Sdn Bhd (SGSB) has completed the acquisition of land and building in Demak Laut Industrial Park here for RM5.6 million. The land measures about 14,690 sq m with a detached factory cum double-storey office sitting on it. The property was

Asteel seeks arbitration to recover RM723,106 from Dynaciate

KUCHING: Asteel Group Bhd’s wholly owned subsidiary, Asteel (Sarawak) Sdn Bhd (ASWK), has again turned to Asian International Arbitration Centre in its bid to recover about RM723,106 in outstanding payment for works done from Dynaciate Engineering Sdn Bhd. Asteel said ASWK had on December 8 issued a notice of arbitration

Further upside with RM91.5M contract

KUCHING: Quality Concrete Holdings Bhd has secured its second major Sarawak infrastructure contract within a week, adding a RM91.5 million road project to its order book. Its subsidiary, QC Construction & Engineering Sdn Bhd (QCCE), on Monday (Dec 8) accepted a RM91.48 million award from the Regional Corridor Development Authority

External markets offset domestic slowdown

KUCHING: CCK Consolidated Holdings Bhd’s Indonesian manufacturing arm continued to outperform in 9M2025, helping cushion a slowdown in the Malaysian market. For the January–September 2025 period, its operations in Pontianak, West Kalimantan, and Jakarta delivered a 9.8 per cent revenue increase to RM169 million. The segment contributed 21.5 per cent