Tuesday, 17 March 2026

Author: Alvin Tang

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

Log production slumps as units sold

KUCHING: WTK Holdings Bhd’s log production plunged sharply after the group divested its loss-making timber subsidiaries involved in logging operations. In the third quarter ended September 2025 (3Q2025), WTK’s log output tumbled 61 per cent to 18,551 cubic metres (cu m) from 47,486 cu m in the previous quarter (2Q2025),

Independent director offloads entire stake

KUCHING: AZIO Group Bhd’s independent director Lo Ling has disposed of his entire stake in the company, amounting to about 28 million shares or 1.43 per cent equity interest. According to the company’s filing with Bursa Malaysia, Lo sold the shares at RM0.0798 each for a total of RM2.24 million

Tariff fallout looms over furniture exporters

KUCHING: Malaysia’s furniture exports are expected to take a heavy hit following the 25 per cent trade tariff imposed by the United States, the country’s largest export market. In 2024, Malaysia exported RM9.89 billion worth of furniture, accounting for 43 per cent of all wood product exports. Of this, RM5.71

Zecon partners foreign firms for green energy project

KUCHING: Zecon Bhd is teaming up with two foreign companies for potential development of an integrated energy complex (IEC) in the Kota Petra Green Technology Park (KPGTP) here. Zecon has entered into a memorandum of understanding (MoU) with Edra Power Holdings Sdn Bhd (EPH) and Neutrinos Engineering Pte Ltd (NEPI)

Japan sees rise in tropical plywood prices

KUCHING: Japan’s tropical plywood importers have observed price increases for 12mm thick plywood from production sources in Malaysia. At the point of origin, 12mm 3×6 coated formwork plywood is priced at US$600-610, cost and freight (C&F) per cubic metre (cu m); standard formwork plywood is US$500-510, C&F per cu m;