Friday, 30 January 2026

Author: Alvin Tang

Zecon eyes another private placement exercise

KUCHING: Debt-laden Zecon Bhd is planning to undertake another private placement exercise to raise funds. It plans to place out up to 30 percent of the total number of the company’s issued shares. In disclosing this when releasing the results of financial year ended June 30, 2019 (FY2019) last week,

SDHB proposes to issue free warrants

KUCHING: Serba Dinamik Holdings Bhd (SDHB) has proposed a bonus issue and issuance of free warrants to reward its shareholders. The company also proposes a share split involving a subdivision of every two existing ordinary shares into thee shares (subdivided shares). The bonus issue of 881.1 million shares is on

Naim posts H1 net profit of RM11.9 mln

KUCHING: Naim Holdings Bhd has chalked up strong financial results in first half of 2019 (H12019), driven by higher contributions by its property and construction business. Group revenue surged to RM300.8 million from RM260.2 million in H1-2018 or an increase of RM40.6 million or 15 percent. The leading property developer

Samalaju Industrial Port’s Q2 revenue up at RM28.87 mlnKUALA

KUCHING: The Samalaju Industrial Port has generated a double-digit growth in revenue as it handles more cargoes from energy-intensive industries from Samalaju Industrial Park, Bintulu. In second quarter ended June 30, 2019 (Q2-2019), the speciallybuilt port increased its revenue to RM28.87 million from RM23.78 million in Q2-2018 or up by

Jaya Tiasa suffers RM91.1 million Q4 loss

KUCHING: Jaya Tiasa Holdings Bhd’s latest quarterly results have seen massive losses due to the sharp drop in sales volume of logs and plywood and selling prices of crude palm oil (CPO) and palm kernel (PK). In fourth quarter ended June 30, 2019 (Q4-2019), its group losses ballooned to RM91.1

Kim Hin’s Q2 net loss balloons to RM9.9 million

KUCHING: Kim Hin Industry Bhd’s quarterly losses have worsened due to weaker sales of ceramic tiles in Malaysia and overseas markets. In the second quarter ended June 30, 2019 (Q2-2019), Kim Hin’s group net loss widened to about RM9.9 million from RM5.1 million in Q2-2018 as group revenue fell marginally

Tycoon offers to obtain more SCIB share

KUCHING: Tycoon Datuk Dr Mohd Abdul Karim Abdullah has offered to acquire the remaining about 44.17 million shares representing 51.37 percent of the total issued Sarawak Consolidated Industries Bhd (SCIB) shares not already held by him and persons acting in concert (PACs) with him at an offer price of RM1.10

Better yield through MPB fertiliser

KUCHING: Pepper farmers, who are hit by prolonged depressed pepper prices, could reduce production costs and increase the yield of their pepper vines by using a special fertiliser produced by the Malaysian Pepper Board (MPB). According to MPB’s new director-general Stanley Liew, the fertiliser is manufactured using a special bio-chemical

Serba Dinamik bags RM1.05 bln Uzbek job

KUCHING: Serba Dinamik International Ltd (SDIL) has secured a contract worth US$250.3 million (RM1.05 billion) for the construction of a chlorine processing plant and an independent power plant in Uzbekistan. In Malaysia, its sister company Serba Dinamik Sdn Bhd (SDSB) has won two operation and maintenance (O&M) contracts from Petronas

OM Sarawak’s ferrosilicon and manganese alloy output up

KUCHING: OM Materials (Sarawak) Sdn Bhd’s ferroalloy smelting plant in Samalaju Industrial Park, Bintulu has raised the production volumes of ferrosilicon (FeSi) and manganese alloy in second quarter this year. In the second quarter ended June 30, 2019 (2Q-2019), the plant produced 57,901 tonnes of FeSi and 62,750 tonnes of