Naim sells land to boost working capital and reduce debt
KUCHING: Naim Holdings Berhad (Naim), recently announced the sale of 180.8 hectares of land in Kuching at around RM 223.38mil that was acquired some 16 years ago, as a strategic step to inject working capital and also to pare down part of its debts of some RM437mil as of March 31. The decision is a […]
NAIM seeks to expand footprint in O&G sector
KUCHING: Property developer Naim Holdings Berhad (NAIM) is implementing strategic initiatives to bolster its financial stability and ensure long-term sustainability. In a statement the company pointed out that this move is part of its ongoing commitment to remain resilient amid a challenging property market characterised by substantial unsold units. “One of the pivotal strategies includes […]
Naim’s Permy Mall sets up EV charging point
MIRI: Permy Mall, a flagship retail property of Naim Holdings Berhad situated in the heart of town, has become the first shopping mall here with an Electric Vehicle (EV) charging point. It introduced this eco-friendly solution to cater to the growing number of electric vehicle owners in the region. The installation of the EV charging […]
Abang Johari briefed on NAGA’s operations
KUCHING: Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg received a courtesy call from Naim Gamuda (NAGA) JV Sdn Bhd recently. The delegation, which was headed by NAIM Holdings Berhad chairman Datuk Amar Abdul Hamed Sepawi, provided an overview of NAGA’s business operations and updated Abang Johari on its current projects, namely the Pan […]
Naim Holdings Bhd gains in Q2
KUCHING: Naim Holdings Bhd has returned to the black with group net profit of about RM6.8 million in second quarter ended June 30, 2022 (Q22022) from loss of RM3.25 million a year ago, on significant growth in revenue. Group turnover rose to RM80.5 million from RM59.5 million during the same period. The company’s earnings per […]
Naim Holdings proposed to dispose lands in Bintulu for RM340 mln
KUALA LUMPUR: Naim Holdings Bhd’s wholly-owned subsidiary, Petrochemical Hub Sdn Bhd had entered into a sale and purchase agreement (SPA) with Sarawak Economic Development Corporation (SEDC) for the proposed disposal of two parcels of vacant land with a total area of approximately 405.6 hectares in Bintulu, Sarawak for RM340 million. In a filing with Bursa […]