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Corporate News 10 Dec 2018 | 12:00 AM

Log shortage forcing some plywood mills to stop production

KUCHING: Log supply shortage is serious in both Malaysia and Indonesia, and this has forced some plywood mills to halt production.

Business 05 Nov 2018 | 12:00 AM

Jaya Tiasa scales down wood processing operations

KUCHING: Jaya Tiasa Holdings Bhd has scaled down its downstream wood processing operations due to a sharp drop in the supply of logs as raw materials.

Business 29 Sep 2018 | 12:00 AM

To sell or not to sell?

Comment by Pankaj c. kumar
Late Friday last week, little known Pinehill Pacific Bhd (formerly known as Multi Vest Resources Bhd, which by the way was formerly known as Best World Land Bhd) surprised the market with the announcement that it was parting with nearly 9,000 acres of landbank and related plantation assets held via three subsidiary companies to United Plantations Bhd (UP) for a whopping sum of RM413.6mil.

Commodities 03 Sep 2018 | 12:00 AM

Ta Ann upbeat on future prospects of logging business

KUCHING: Ta Ann Holdings Bhd is upbeat about the future prospects of its logging business following the recent certification of one of its timber concession areas under the Malaysian Timber Certification Scheme (MTCS).

Corporate News 24 May 2018 | 12:00 AM

Jaya Tiasa registers loss of RM38mil in Q3

PETALING JAYA: Timber company Jaya Tiasa Holdings Bhd has registered a net loss of RM38.41mil for its third quarter ended March 31, on the back of a 40% lower revenue of RM160.2mil, compared with the corresponding quarter a year ago.

Banking 31 Jan 2018 | 12:00 AM

Kenanga issues European-styled call warrants

PETALING JAYA: Kenanga Investment Bank Bhd is issuing 12 new European-styled cash-settled call warrants under its NagaWarrants brand, as the brokerage looks to offer trading opportunities for investors seeking exposure in leveraged products.

Analyst Reports 23 Jan 2018 | 12:00 AM

MRCB-Quill 'hold', Bermaz Auto 'buy', Yinson 'buy', Jaya Tiasa 'buy'

MRCB-Quill REIT (MQREIT) reported revenue of RM44.7mil and normalised net profit of RM21.5mil in the fourth quarter of financial year 2017 (Q4’17). This brings 2017 revenue to RM180.1mil and normalised net profit to RM88.1mil.

Commodities 09 Jan 2018 | 12:00 AM

CPO export tax move good for firms with upstream ops

PETALING JAYA: The move to suspend crude palm oil (CPO) export taxes for three months is positive for Malaysian planters as it will help boost exports of the commodity.

Analyst Reports 08 Jan 2018 | 12:42 AM

FGV to benefit from suspension of export taxes

KUALA LUMPUR: CIMB Equities Research expects Felda Global Ventures Holdings (FGV), Hap Seng Plantations, Genting Plantations, Ta Ann and Jaya Tiasa to benefit from the suspension of export taxes on crude palm oil (CPO) for a three-month period from Jan 8 to April 7.

Metro News 02 Jan 2018 | 12:00 AM

Sibu wants more direct connections

SIBU: Better air connectivity and political unity are on Datuk Seri Wong Soon Koh’s wish list for this town in 2018.