Thursday, 29 January 2026

Author: Alvin Tang

SIBS secured revised RM172.4-million PR1MA contract

KUCHING: Sarawak Consolidated Industries Bhd’s (SCIB) wholly owned subsidiary, SCIB Industrialised Building System Sdn Bhd (SIBS), accepted a new revised letter of award and acceptance (RLOA2) for a Malaysia People’s Housing Programme (PR1MA) project in Kota Bahru, Kelantan. The RLOA2 formalises SIBS’ role as the main contractor for the development

Malaysia timber industry sees positive growth

KUCHING: Timber harvesting activities in Malaysia recorded month-on-month growth in September 2025, after several months of decline. The latest monthly Global Timber Index (GTI) report, produced by the Global Green Supply Chain Initiative (GGSC) in collaboration with the International Tropical Timber Organisation (ITTO), noted that the increase in timber harvesting

RLEB eyes Middle East Market expansion

KUCHING: Reservoir Link Energy Bhd (RLEB) is set for regional expansion, particularly in key Middle East markets.Datuk Tai Hee, RLEB’s chairman, said following RLEB’s recent acquisition of Propel Maxflo Sdn Bhd, the group is well positioned to pursue targeted regional expansion, especially in the oil-rich Middle East. Propel Maxflo provides

Earnings surge on stronger vessel deliveries

KUCHING: Shipbuilder TAS Offshore Bhd posted a strong performance in the first quarter ended Aug 31, 2026 (1Q2026), with net profit rising 58 per cent year-on-year to RM9.44 million on the back of higher vessel deliveries. Revenue climbed to RM57.2 million, up from RM44.3 million in 1Q2025, while earnings per

Palm output, timber production show strength

KUCHING: Ta Ann Holdings Bhd recorded strong quarter-on-quarter growth across its oil palm and timber operations in the July–September 2025 period (3Q2025), with fresh fruit bunch (FFB), crude palm oil (CPO), and log production volumes all showing double-digit increases. According to the group’s quarterly production data filed with Bursa Malaysia,

Expanding footprint in clean energy, infrastructure

KUCHING: AIZO Group Bhd’s ability to secure more than RM38 million worth of strategic infrastructure contracts in the 12 months to June 30, 2025, reflects its agility and growing relevance in Malaysia’s clean energy and infrastructure agenda, said its executive chairman, Dato Abang Abdillah Izzarim Abang Abdul Rahman Zohari. He

Wood-based panel demand contracts

KUCHING: After three consecutive months of growth, overall demand for wood-based panels in tropical countries monitored by the International Tropical Timber Organisation (ITTO) has started to decline again. According to the Global Timber Index – Wood-Based Panel (GTI-WBP) Report for September 2025, the rebound in demand seen over the previous

Disposal move aligns with asset rationalisation plan

KUCHING: Reservoir Link Sdn Bhd (RLSB) is disposing of its investment property, an office suite in Mont’ Kiara, Kuala Lumpur, for RM4.5 million cash. The wholly-owned subsidiary of Reservoir Link Energy Bhd (RLEB) said it has entered into a sale and purchase agreement with two Malaysians for the disposal of the

Sarawak palm oil producers report lower output

KUCHING: Sarawak-listed oil palm companies have largely reported a sharp decline in the production volumes of fresh fruit bunches (FFB), crude palm oil (CPO) and palm kernel (PK) for the July to September 2025 period (3Q2025) compared with the same quarter a year ago. In the quarter under review, Jaya

Zecon inks 30-year PPA with SESCO

KUCHING: Zecon Bhd’s subsidiary, Zecon Renewables (Sarawak) Sdn Bhd, has signed a power purchase agreement (PPA) with Syarikat SESCO Bhd to develop a 100-megawatt alternating current (MWac) solar photovoltaic (PV) plant at Kota Petra Green Technology Park (KPGTP) here. Under the agreement, Zecon Renewables will design, construct, own, operate, and