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Business 16 May 2015 | 12:00 AM

Jaya Tiasa works with MACC

KUALA LUMPUR: Another listed Sarawak timber company, Jaya Tiasa Holding Bhd, has announced that it is cooperating fully with the Malaysian Anti-Corruption Commission (MACC) in the latter’s state-wide investigation into illegal logging activities.

Business 15 May 2015 | 6:39 PM

Jaya Tiasa unit assisting MACC investigation

KUALA LUMPUR: Another listed Sarawak timber player, Jaya Tiasa Holding Bhd, has announced that it is cooperating fully with the Malaysian Anti-Corruption Commission (MACC) in the latter's state-wide investigation into illegal logging activities.

Business 05 May 2015 | 12:00 AM

Halex in talks to sell 120,000 tonnes of fertilisers to a big planter

PETALING JAYA: Agricultural chemical manufacturer and distributor Halex Holdings Bhd is looking to supply straight fertilisers to a big planter. Once the deal goes through, Halex will be selling 120,000 tonnes of fertilisers compared with the 1,000 tonnes it sells per year.

Plantations 21 Apr 2015 | 12:00 AM

The impact of new wage hike

Plantation, manufacturing seen hurt most by latest minimum salary proposal

Business 20 Mar 2015 | 12:00 AM

Jaya Tiasa 'buy', Top Glove 'buy', Glomax 'hold'

EXCLUDING the timber business, AmResearch said its fair value implied a plantation valuation of only RM32,000 per ha (planted area at 67,000ha) versus recent market transactions of over RM80,000 per ha. The research unit added that it was fair, given the poor performance of the plantation division.

Business 19 Mar 2015 | 9:59 AM

AmResearch maintains Buy on Jaya Tiasa

KUALA LUMPUR: AmResearch has maintained its Buy call on Jaya Tiasa with a lower fair value of RM2.13/share, as its rolled forward its valuation base to FY16F, pegged to a PE of 20 times on an EPS of 10.7 sen/share.

Community 13 Mar 2015 | 12:00 AM

OceanMight, Aussie firm team up for O&G jobs

KUCHING: OceanMight Sdn Bhd has teamed up with an Australian firm to look for jobs in oil and gas (O&G) field developments in Malaysia.

Business 09 Mar 2015 | 12:00 AM

Jaya Tiasa sees silver lining in timber trade

KUCHING: Sarawak’s tropical log prices are expected to trend higher due to tighter supply brought about by the state authorities’ crackdown on illegal logging and smuggling activities and continued robust demand by foreign buyers.

Business 30 Dec 2014 | 12:00 AM

Floods to hit Malaysian palm oil output

PETALING JAYA: The floods that have ravaged the East Coast in the recent weeks are expected to reduce palm oil output from several Malaysian states.

Business 25 Dec 2014 | 12:00 AM

Weak CPO dampens timber stocks’ outlook

PETALING JAYA: Timber companies are benefitting from rising log prices and a cheaper ringgit but weaker crude palm oil (CPO) prices are keeping some analysts wary about their immediate prospect.