KUCHING: Perdana Petroleum Bhd’s (PPB) wholly-owned subsidiary Perdana Nautika Sdn Bhd (PNSB) has received a work order for the provision of one unit of accommodation work barge (AWB) worth RM5.49 million. The work order was awarded by Vantage Well Services Sdn Bhd (the charterer), a subsidiary of Vantage Energy Group
KUCHING: Dayang Enterprise Holdings Bhd group is continuously bidding for new contracts by the oil majors. The group is expecting to secure additional contracts given its outstanding track record and financial position, said Dayang group managing director Tengku Dato Yusof Tengku Ahmad Shahruddin. For 2022, he said the group is
KUCHING: Sarawak Cable Bhd (SCB) is teaming up with Hercules Engineering (SEA) Sdn Bhd to revitalise the business of its wholly-owned subsidiary Sarwaja Timur Sdn Bhd. The two parties have entered into a memorandum of agreement (MOA) for cooperating and joint venturing with each other to revitalise Sarwaja Timur’s business
KUCHING: Shin Yang Shipping Corporation Bhd (Syscorp) group net profit has surged by more than four-fold to RM15.1 million for second quarter ended Dec 31, 2021 (Q22021) from RM3.53 million in Q22020, or a jump by RM11.57 million, largely driven by increase in cargo shipment volume and margin, contribution from
KUCHING: Sarawak Plantation Bhd (SPB) has posted impressive earnings, with group net profit more than doubled to RM127.8 million in financial year ended Dec 31, 2021 (FY2021) from RM61.4 million in FY2020 as revenue surged to RM790.5 million from RM465.8 million, thanks to robust palm oil market . Earnings per
KUCHING: Sealink International Bhd has lost more money as its group net loss widened to RM65.8 million in financial year ended Dec 31, 2021 (FY2021) from RM40.8 million in FY2020 due to impairment on aged vessels and inventories as well as trade receivables. Year-on-year, group revenue dipped to RM37.8 million
KUCHING: Rimbunan Sawit Bhd has narrowed its group net loss to RM7.11 million in financial year ended Dec 31, 2021 (FY2021) from RM44.1 million in FY2020, thanks to the buoyant oil palm prices, despite drop in production and sales volume of fresh fruit bunches (FFB), crude palm oil (CPO) and
KUCHING: Sarawak’s export earnings from timber and timber products have leapt by about 25 per cent to RM376 million in January 2022 from RM301.5 million in the preceding month of December. Last month’s export revenue was also higher than RM225.9 million recorded in January 2021. The higher earnings were resulted
KUCHING: Sarawak’s crude palm oil (CPO) monthly production has fallen sharply at the start to the new year, slipping to 272,534 tonnes in January 2022 from 340,860 tonnes in December 2021 or down by 68,326 tonnes or 20 per cent. Last month’s output was also lower as compared to 280,769
KUCHING: Hubline Bhd has raised an additional RM4.02 million from the second tranche private placement exercise. The company placed out 108,603,000 new ordinary shares priced at RM0.037 each under the second tranche, it said in a filing with Bursa Malaysia. With the latest issuance of new shares, Hubline’s total number