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.
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
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
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
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
KUCHING: Press Metal Aluminium Holdings Bhd’s major shareholders — the Koon brothers — have disposed of a combined 60 million shares as the counter climbed to a multi-year high last week. Group chief executive officer (CEO) Tan Sri Paul Koon Poh Keong sold 24 million shares on Dec 3, when
KUCHING: WTK Holdings Bhd has booked an estimated RM22 million gain from the disposal of Song Logging Company Sdn Bhd, a divestment completed last Friday (Dec 5). Song Logging — which is involved in the extraction and sale of logs and timber products — was sold for RM23.5 million in
KUCHING: Aberdeen Group PLC (formerly known as ABRDN PLC) has emerged as a substantial shareholder in Dayang Enterprise Holdings Bhd. The UK-based fund acquired 57,972,400 shares (5.007%) on November 24, 2025, according to Dayang’s filing with Bursa Malaysia. Since then, Aberdeen has amassed more shares, increasing its total shareholdings in
KUCHING: Ibraco Bhd has more than doubled its group net profit to about RM57.3 million in the first nine months of 2025 (9m2025) from RM26.8 million a year ago, riding on the strong performance of both property development and construction business. The earnings growth was in tandem with expansion in
KUCHING: Pansar Bhd says the implementation of the sales and service tax (SST) has squeezed its profit margins and contributed to delays in sales, noting that the impact “will take some time to mitigate.” The company added that currency movements are offering some relief. “The ringgit continued appreciating against our