KUCHING: Reservoir Link Energy Bhd’s (RLEB) wholly-owned subsidiary Reservoir Link Sdn Bhd (RLSB) has been awarded a contract for the perforation equipment and services for well intervention, work over and P&A campaigns (Package A6) by EnQuest Petroleum Production Malaysia Ltd. The two-year contract is from November 10, 2025 to November
KUCHING: Rimbunan Sawit Bhd (RSB) reported sharply lower group net profit of RM3.25 million in 3Q2025, down from RM32.68 million in 3Q2024 despite an increase in revenue to RM161.9 million from RM146.9 million. Earnings per share fell to 0.16sen from 1.6sen previously. In the current quarter, RSB said the 10.2
KUCHING: Sarawak Consolidated Industries Bhd (SCIB) will proceed with its extraordinary general meeting (EGM) on January 15, 2026 as scheduled while waiting for the outcome of the company’s proposed disposal of its manufacturing business. The EGM, which is to seek shareholders’ approval on the company’s proposed renounceable rights issue with
KUCHING: Jaya Tiasa Holdings Bhd’s bottom line has been impacted by the weaker performance of its oil palm segment, dragging group net profit down by RM18.7 million to RM53.6 million in first quarter to September 30, 2025 (1Q2025) against RM72.3 million registered a year ago. The segment’s profitability had been
KUCHING: Hubline Bhd slipped into a group net loss of RM19.35 million for the financial year ended Sept 30, 2025 (FY2025), compared with a net profit of RM3.23 million a year earlier, as revenue fell to RM167.9 million from RM208.6 million. The bulk of the losses came in the fourth
KUCHING: Insights Analytics Technologies Sdn Bhd (IAT), a wholly-owned subsidiary of newly listed Insights Analytics Bhd (IAB), has secured a sub-contract worth RM11.46 million for a water supply project in the Nibong Tada areas of the Sibu Division. IAT accepted a letter of award from main contractor W Realty Holding
KUCHING: Sarawak Plantation Bhd (SPB) posted a marginal rise in group net profit to RM31.12 million in the third quarter ended Sept 30, 2025 (3Q2025), compared with RM31.07 million a year earlier, despite a slight dip in group revenue to RM139.7 million from RM141.9 million. Earnings per share improved to
KUCHING: Businessman Lo Ling has emerged as a substantial shareholder in Sealink International Bhd, following his acquisition of 68,080,800 shares in the Miri-based shipping & shipbuilding firm. The purchase was made on November 14 via an off market deal and it was not stated how much he paid for the
KUCHING: Perdana Petroleum Bhd (PPB) posted sharply lower group net profit of RM41.69 million in third quarter ended September 30, 2025 (3Q2025) as compared to RM75.8 million in 3Q2024 due mainly to a significant reduction in third-party vessel chartering income. Group revenue fell to RM109.96 million from RM127.3 million year-on-year.
KUCHING: Malaysia has maintained its lead over closest rival Indonesia in the exports of plywood to Japan in the JanuarySeptember 2025 period (9m2025). During the period under review, Malaysia shipped 455,100 cubic metres (cu m) of plywood to Japan, ahead of Indonesia’s 442,500 cu m, according to Japan’s Finance Ministry