Jack Wong

Recent and archived articles by Jack Wong

19 Feb 2018 | 7:00 AM

KKB unit bids for six projects worth RM370mil

KUCHING: KKB Engineering Bhd said its oil and gas (O&G) subsidiary OceanMight Sdn Bhd is bidding for six offshore structures’ fabrication projects in Sarawak worth a combined RM370mil.

Group executive director Kho Pok Tong(pic) expects the outcome of most of the bids to be known in second or third quarter of 2018.
12 Feb 2018 | 7:00 AM

SCIB bullish on industrialised building system products

KUCHING: Sarawak Consolidated Industries Bhd (SCIB), which supplied industrialised building system (IBS) products for the reconstruction and extension projects of nine dilapidated schools last year, is eyeing more of such projects.

General manager Chai Tze Khang said the company was working closely with the consultants and had submitted its designs for the proposed extension projects of seven more schools.
2 Feb 2018 | 7:00 AM

More downside risks for pepper prices amid higher global production

KUCHING: Domestic pepper prices, which have lost over 60% from their historical peaks recorded in 2016, are expected to face more downside risks due to a sharp increase in global production.

1 Feb 2018 | 7:00 AM

Press Metal to raise output of value-added products

KUCHING: Press Metal Aluminium Holdings Bhd, which was one of the best-performing large-cap stocks on Bursa Malaysia last year, will raise the overall output of value-added aluminium products to 50% of the company’s total production by the end of 2018.

29 Jan 2018 | 7:00 AM

SEB plans to sell power to Brunei and Sabah

KUCHING: Sarawak Energy Bhd (SEB), which is increasing the export of electricity to west Kalimantan, Indonesia, is expected to next sell power to Brunei and Sabah under the trans-Borneo power grid project.

Power grid: Sarawak-owned SEB’s capacity is projected to increase to 5,449MW by 2020.
24 Jan 2018 | 7:00 AM

RM8.4bil methanol plant to be built in Bintulu

KUCHING: A RM8.4bil methanol plant project is to be implemented in Sarawak Corridor of Renewable Energy (Score) in Bintulu.

22 Jan 2018 | 7:00 AM

M’sian plywood prices on uptrend in Japan

KUCHING: Malaysian plywood prices are on the uptrend in the Japanese market after posting double-digit gains last year.

Ta Ann Holdings Bhd, a key exporter of plywood to Japan, is upbeat about the market in that country.
15 Jan 2018 | 7:00 AM

Pertama Ferroalloys to achieve full production in June

KUCHING: Pertama Ferroalloys Sdn Bhd will raise its output of manganese alloy products to 22,000 tonnes per month when its smelting plant in Samalaju Industrial Park, Bintulu, is ramped up to achieve full production in June.

Executive chairman Hirotaka Suzuki(pic) said the US$400mil plant was currently producing 18,000 tonnes per month and operating below 80% of installed capacity.  “We are now producing three standard grade products – manganese alloys, ferrosilicon and ferro manganese. Within two years of full operation, we plan to switch to production of value-added products for the steel industry,” he told StarBiz.
1 Jan 2018 | 7:00 AM

Sawmillers seek higher plywood product export prices

KUCHING: Sawmillers in Sarawak are seeking to raise prices of plywood products for shipment to Japan amid tight supplies and rising log prices.

“Given the low plywood inventory in Japan, coupled with the infrastructure construction works for the coming Olympics (in 2020), which has accepted the company’s plywood products for the said construction works, we expect the timber market to rebound,” said Sibu-based Ta Ann in notes to its latest quarterly results ended Sept 30, 2017.
18 Dec 2017 | 7:00 AM

Bird’s nest prices soar after China lifts import ban

KUCHING: Buoyed by strong demand, domestic prices of bird’s nests have soared by over 30% in recent months breaking its six-year historical high.

Workers processing bird's nest, that mostly involves cleaning out the feathers.