KUCHING: After a lapse of five years, Japan importers have now managed to purchase tropical logs from Sabah. “South Sea (tropical) logs have been exported from Sabah, Malaysia to Japan for the first time in five years,” according to the Japan Lumber Reports (JLR). Sabah imposed a total ban on
KUCHING: Petra Energy Bhd’s subsidiary, Petra Resources Sdn Bhd (PRSB), has been awarded a subcontract for hook-up and commissioning (HUC) works for Kasawari CCS project. The subcontract was given by Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE). The subcontract period is from March 2023 to December 2025. “Being given
KUCHING: Ta Ann Holdings Bhd has sharply increased the harvesting of logs from its planted forests to 92,602 hectares (ha) in 2022 from 50,281 ha in 2021 or an increase of 42,321 ha or 84 per cent. Year-on-year, the group also increased the production of logs from natural forest to
KUCHING: Sarawak-based Ocean Vantage Holdings Bhd (OVH) hopes to use the completion of PETRONAS Bintulu Additional Gas Sales Facility 2 (BAGSF2) project as the stepping stone for the group to further expand its reach in other downstream projects in the oil & gas (O&G) industry, especially in Bintulu area. In expressing
KUCHING: Ta Ann Holdings Bhd’s licences for three forest management units (FMU) in the Song-Kapit region have been renewed for a period of 30 years until 2053. These are the Kapit FMU, Pasin FMU and Raplex FMU covering a total area of 346,021 hectares, according to Ta Ann executive chairman
KUCHING: Zecon Bhd will place greater emphasis on projects and developments involving renewable energy (RE), including large-scale solar farm projects, going forward. Zecon’s group managing director Datuk Zainal Abidin Ahmad said the group has earmarked a sizeable portion of its 3,000 acres of landbank here for these projects. “Discussions are
KUCHING: WTK Holdings Bhd expects its oil palm business to achieve improved performance this year with the expanded size of its oil palm estates. The company’s proposed acquisition of an oil palm company, B.H.B. Sdn Bhd, for RM250 million cash is due for completion this month. B.H.B. owns about 5,043
KUCHING: YKGI Holdings Bhd, via its subsidiary ASTEEL Group, has begun implementing plans for expanding into markets in ASEAN, such as Kalimantan, Indonesia and Manila, the Philippines. The company’s group managing director Datuk Sri Victor Hii Lu Thian said in view of the high population density and rapid infrastructure development
KUCHING: Reneuco Bhd (formerly known as KPower Bhd) and Citaglobal Bhd will set up a special purpose vehicle to undertake the development of an independent and renewable power production facilities for the East Coast Rail Link (ECRL) project’s network (ECRL IPP project). Reneuco has entered into a consortium agreement with
KUCHING: Perdana Petroleum Bhd (PPB) expects the smaller supply of offshore support vessels (OSVs) in the market to bolster demand for the group’s fleet of OSVs in 2023. Another positive factor, according to PPB chairman Datuk Dr Abd Hapiz Abdullah, is the larger volume of oil & gas (O&G) upstream
