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Business

CMS to close deals on supply of scheduled wastes

KUCHING: Cahya Mata Sarawak Bhd (CMS) will close deals with several industries for the supply of scheduled wastes this year.

Business

Lebuhraya Borneo Utara optimistic of RM2bil savings for highway project

KUCHING: Lebuhraya Borneo Utara Sdn Bhd (LBU), the project delivery partner (PDP) of the Pan Borneo Highway for the Sarawak portion, is optimistic that it could achieve some RM2bil savings on the mega project.

Business

Serba Dinamik secures RM330mil Petronas job

KUCHING: Serba Dinamik Holdings Bhd has been awarded a contract to provide maintenance, construction and modification services to Petroliam Nasional Bhd’s (Petronas) onshore facilities in Bintulu and Miri, Sarawak.

Business

Slew of infra projects in Sarawak

KUCHING: Sarawak’s major construction-based companies are in focus ahead of the impending award of contracts for the state-funded mega infrastructure projects.

Business

YKGI expanding to Peninsular Malaysia

KUCHING: YKGI Holdings Bhd, which owns manufacturing facilities in Sarawak and Sabah which produce metal roofing products, is expanding to Peninsular Malaysia.

Business

McDermott announces contracts for pan Malaysia oil field development

Mcdermott has announced contracts for developing pan Malaysia oil fields.

Analyst Reports

Kenanga downgrades HSL following recent price rally

KUALA LUMPUR: Kenanga research has downgraded Hock Seng Lee Bhd (HSL) to underperform as it believes the recent rally in share price was mainly sentiment-driven given that major infrastructure project tenders are still in the early stages.

Business

Three airlines offer additional low fare flights for CNY

SEPANG: Three airlines have added a total of 376 low fare late night flights for the period between Jan 30 and Feb 12 in conjunction with the upcoming Chinese New Year, said Transport Minister Anthony Loke Siew Fook.

Business

Sarawak tycoon raises stake in Naim to 25.2%

KUCHING: Sarawak tycoon Datuk Amar Abdul Hamed Sepawi has raised his stake in Naim Holdings Bhd by over 9% to about 25.2%, following the completion of the company’s rights issue.

Business

Iljin Materials’ production of electfoil to rise to 25,000 tonnes

KUCHING: South Korea’s Iljin Materials Co Ltd will significantly raise the production of electfoil (electrodeposited copper foil) with the commissioning of its first overseas manufacturing facilities at Sama Jaya Free Industrial Zone here.