KUCHING: Rimbunan Sawit Bhd (RSawit) has posted a 24.8 per cent jump in group revenue to about RM676 million in financial year ended Dec 31, 2022 (FY2022) from RM541.5 million in FY2021 as a result of higher production volume of crude palm oil (CPO), palm kernel (PK) and fresh fruit
KUCHING: Sarawak Consolidated Industries Bhd (SCIB) has a current order book of about RM388 million. This, according to the company, will provide it with earnings visibility until 2026. SCIB group managing director Rosland Othman said the company is cautiously optimistic on prospects ahead as it will continue to leverage on
KUCHING: Sarawak Plantation Bhd, which recorded a group net profit of RM96.7 million on revenue of RM710.9 million for financial year ended Dec 31, 2022 (FY2022), is upbeat about the outlook of the palm oil industry in 2023. The company based the positive outlook to the likelihood of crude palm
KUCHING: Perdana Petroleum Bhd’s (PPB) wholly-owned subsidiary Perdana Nautika Sdn Bhd (PNSB) has secured a vessel chartering contract worth RM7.96 million. On Jan 27, 2023, PNSB received a work order award from Petronas Carigali Sdn Bhd for the provision of one anchor handling tug supply (AHTS) vessel. The contract, which
KUCHING: SCIB International (Labuan) Ltd (SCIBILL) has terminated an Indonesian road project worth RM55.59 million. The wholly-owned subsidiary of Sarawak Consolidated Industries Bhd (SCIB) had issued a notice of termination to PT Cipta Multi Sarana (PTCMS) for the proposed engineering, procurement, construction and commissioning (EPCC) project involving earthworks for the
KUCHING: OM Materials (Sarawak) Sdn Bhd’s (OM Sarawak) ferroalloy smelting plant in Samalaju Industrial Park, Bintulu is expected to produce between 320,000 to 370,000 tonnes of ferrosilicon (FeSi) and manganese alloy products in 2023. In 2022, the plant’s estimated production output was around 360,000 tonnes. “Eight furnaces to undergo major
KUCHING: Sarawak Consolidated Industries Bhd (SCIB) is teaming up with Bintai Kinden Corporation Bhd to establish a strategic alliance for exploring business opportunities, securing of new projects and sharing of profits. Both listed companies signed a memorandum of understanding (MoU) on the partnership on Feb 6. SCIB is a civil
KUCHING: Malaysia’s exports of wood furniture, sawnwood, tropical mouldings/decking, flooring as well as other tropical joinery products to European Union 27 member countries (EU27) have expanded significantly in the first 10 months of 2022 (10M2022) from a year ago. During the period under review, EU27 recorded a 15 per cent
KUCHING: Sales of carbon credit is set to be a new resource of revenue for Vietnam. According to the country’s Agriculture and Rural Development Ministry (MARD), Vietnam can sell 57 million carbon credits to international organisations each year, earning hundreds of millions in US dollar. The carbon credits can fetch
BETWEEN the hassle of flying, jet lag and hauling your luggage around, travelling is challenging enough without worrying about looking fashionable while you do it. But Kate Young, a New York-based stylist who counts actresses Margot Robbie and Michelle Williams among her clients, says that it doesn’t take a lot