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KUCHING: Sibu-based shipbuilder TAS Offshore Bhd has shifted its focus to constructing tugboats, which are in strong demand following the company’s decision to suspend the construction of its offshore supply vessels (OSVs) for the oil and gas (O&G) industry.
KUALA LUMPUR: Pansar Bhd, an engineering solutions provider, is cautiously upbeat over its financial performance in the near-term on the back of oncoming infrastructure projects, the expected recovery in oil prices, stabilising palm oil prices, as well as its ongoing internal streamlining exercises.
KUCHING: Hock Seng Lee Bhd (HSL) and five other companies have been awarded infrastructure projects worth about RM138mil in the Sarawak Corridor of Renewable Energy’s (Score) extended boundary area in central region.
KUCHING: Uncertainty over the role of Lebuhraya Borneo Utara Sdn Bhd (LBU) as the project delivery partner (PDP) of Sarawak Pan Borneo Highway project has hindered the progress of the highway construction
KUCHING: Hock Seng Lee Bhd’s (HSL) contracts-in-hand have reached a historical high of RM3.3bil after it bagged another road project worth RM104.5mil early this week.
KUALA LUMPUR: Sarawak-based infrastructure company Hock Seng Lee Bhd posted higher net profit of RM16.43mil in the second quarter ended June 30,2019 underpinned by higher revenue from its construction projects.
SIBU: Ta Ann Group’s Raplex forest management unit (FMU) has been awarded the forest management certification under the Malaysia Timber Certification Scheme–Programme for the Endorsement of Forest Certification.
PETALING JAYA: Sarawak-based Pansar Bhd’s 20% associate company, Reservoir Link Energy Bhd (RLEB), has submitted its prospectus exposure for a proposed Ace Market listing on Bursa Malaysia.
George Town: Sime Darby Motors’ wholly-owned subsidiary, Sime Darby Rent A Car Sdn Bhd (SDRAC) is open to collaborating with local e-hailing companies as part of its strategy to grow the business.
KUALA LUMPUR: Airbnb’s host and guest community has generated approximately RM3bil in estimated direct economic impact in Malaysia last year.