KUCHING: Japan’s imports of plywood and assembled wooden flooring from key suppliers, including Malaysia, have contracted sharply this year as compared to 2022. In January 2023, Japan’s total plywood shipments from Malaysia, Indonesia, China and Vietnam fell to 122,600 cubic metres (cu m) from 185,200 cu m in January 2022
KUCHING: Bintulu Port Sdn Bhd (BPSB) has been granted another one year from July 1, 2023 to continue operating Bintulu Port. The wholly-owned subsidiary of Bintulu Port Holdings Bhd (BPHB) has received a notification from Bintulu Port Authority (BPA) on the Cabinet’s approval for BPSB to continue operating Bintulu Port under the
KUCHING: Sealink International Bhd’s independent auditors, Messrs Grant Thornton Malaysia PLT, has issued an audit opinion with the existence of an uncertainty related to going concern of the company in view of the current economic conditions. The auditor draws attention to Note 2 of Sealink financial statements for financial year
KUCHING: The Sarawak government, via its investment arm State Financial Secretary Sarawak, has acquired a 4.95 per cent stake in Affin Bank Bhd for about RM221.74 million. Affin Bank said Lembaga Tabung Angkatan Tentera (LTAT) has confirmed that it had on April 13, 2023 divested 112,558,000 ordinary shares in the
KUCHING: Reservoir Link Energy Bhd (RLEB) has signed an agreement to undertake the construction, commissioning and operation of a new wastewater treatment plant in Indonesia. RLEB said PT Envirotech Akva Indonesia, a 85 per cent-owned subsidiary of Reservoir Link (Labuan) Ltd and PT Unilever Oleochemical Indonesia (PTUOI) had entered into
KUCHING: OM Materials (Sarawak) Sdn Bhd has temporarily suspended production at the first silicon metal furnace at its ferro alloy smelting plant in Samalaju Industrial Park, Bintulu. The reason of the suspension is due to the furnace not operating as anticipated within the framework of the engineering, procurement and construction
KUCHING: Reneuco Bhd (formerly known as KPower Bhd) proposed to undertake an issuance of redeemable convertible bonds (RCB), which will be divided into four main tranches, with an aggregate nominal value of up to RM350 million. According to Reneuco in a filing with Bursa Malaysia, the RCB will mature on
KUCHING: Bintulu Port Holdings Bhd (BPHB) is moving closer to realising the biohub project, which is now in its feasibility study phase, according to its chairman Dato Abdul Mutalib Alias. “We seek to establish an industrial port complex with multiple stakeholders that leverages circular industries and clean energy, like hydrogen,
KUCHING: Sarawak’s crude palm oil (CPO) monthly production has risen to 265,244 tonnes last month from 248,742 tonnes in February 2023 or by 16,502 tonnes or 6.6 per cent. However, last month’s output was still significantly lower compared to 301,930 tonnes recorded in January 2023 and also lower from 278,933
KUCHING: OceanMight Sdn Bhd has secured a RM111.6 million contract for a steel fabrication project. The oil & gas subsidiary of KKB Engineering Bhd received a purchase order contract from Samsung Engineering (M) Sdn Bhd for the module fabrication and supply of steel structures for Malaysia Shell R&M onshore gas
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Today, New Sarawak Tribune focuses on happenings in Sarawak’s cities, towns and small places no matter how remote these are and events of relevance in other states of Malaysia and other countries.
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