KUCHING: Sarawak’s foreign exchange earnings from log exports and plywood have gone up in October from September 2019. In October, Sarawak sharply raised the log exports volume to about 88,908 cubic meters with free on board (FOB) value of about RM49.74 million as compared to 56,121 cu m worth RM44.84
KUCHING: Serba Dinamik Holdings Bhd group managing director and CEO Datuk Dr Mohd Abdul Karim Abdullah (pic) has been allocated 189,144,534 free warrants of the company, which will be listed and quoted on Bursa Malaysia Main Market today. The company issued 881,099,921 free warrants on the basis of two warrants
KUCHING: Serba Dinamik Holdings Bhd has completed the share split and bonus issue exercise with the listing of the subdivided shares and bonus shares on Bursa Malaysia on Wednesday. The number of subdivided shares is 734,249,957 while the number of bonus shares is 881,099,921. Following the exercise, the enlarged number of
KUCHING: Supreme Consolidated Resources Bhd expects to complete its new warehousing facilities at Demak Laut Industrial Park here by this month. The project costing about RM13 million will provide new facilities comprising a three-storey office cum warehouse that include cold storage facilities for freezer and chiller to store frozen and
KUCHING: Improved profit margins from the sale of palm oil related products have helped to push up the latest quarterly earnings of Sarawak Oil Palms Bhd (SOP) despite a double-digit drop in revenue. In third quarter to Sept 30, 2019 (Q3-2019), SOP group net profit rose to RM32.6 million from
KUCHING: Borneo Oil Bhd’s fast food restaurant chain SugarBun has reaped benefits from collaboration with Foodpanda as it helped to boost sales. In first quarter ended June 30, 2019 (Q1-2019), the group’s fast food and franchise operations posted increase in revenue by RM530,000 to RM12.44 million from RM11.91 million in
KUCHING: Property developer Ibraco Bhd plans to kick-start its second project in Peninsular Malaysia next year. The new project will be on a leasehold land on Bandar Petaling Jaya Selatan, which Ibraco acquired for about RM37.4 million last year. Measuring 15,811.66 sq m, the land is approved for mixed commercial development.
KUCHING: Rimbunan Sawit Bhd’s vice-chairman Tiong Kiong King has sold his entire direct shareholding in the oil palm plantation company. Tiong, 71, directly owned 11,011,500 shares or 0.78 percent as at April 1, 2019. He aggressively disposed off the shares over the past six months in the open market until
KUCHING: Dayang Enterprise Holdings Bhd has fixed the issue price of its rights shares at 92 sen each. The issue price represents a discount of 91 sen or about 49.73 percent to the theoretical ex-rights price of Dayang shares of RM1.83, which was calculated based on the five-day volume weighted average
KUCHING: Serba Dinamik Holdings Bhd group managing director and CEO Datuk Dr Mohd Abdul Karim Abdullah (pic) has forked out RM10.542 million to acquire 2.51 million of the company’s shares at RM4.20 each. Making the acquisition in a direct business transaction on Nov 6, he has upped his equity interest
