Traders find ways to deal with Mideast disruptions
SINGAPORE: Vitol, the world's largest independent energy trader, found itself on shaky footing when the Middle East conflict broke out on Feb 28.
Brooke Holdings wins RM1bil oil and gas job
KUCHING: Brooke Holdings Sdn Bhd (formerly Brooke Dockyard and Engineering Works Corp) has been awarded a RM1bil engineering, procurement and construction (EPC) contract for the Sirung and Chenda fields development (SK405B project) offshore Sarawak by PTTEP Sarawak Oil Ltd.
WTK's units to dispose of shares in Biogrow City Plantations to Rimbun Temasek
KUALA LUMPUR: Sarawak-based diversified group WTK Holdings Bhd's units Biogrow City Sdn Bhd (BCSB) and Bioworld Synergies Sdn Bhd (BSSB) have proposed to sell their interest and preference shares in Biogrow City Plantations Sdn Bhd (BCPSB) to Rimbun Temasek Sdn Bhd for RM90 million.
Spritzer's 1Q profit rises despite challenging market conditions
PETALING JAYA: Spritzer Bhd will take proactive measures to mitigate the impact of rising cost pressures through operational efficiency, disciplined cost management, procurement strategies, process improvements and productivity enhancements as the operating environment remains challenging for the rest of 2026.
Axteria announces corporate leadership restructuring
KUALA LUMPUR: Axteria Group Bhd has announced a series of board and senior management changes, all effective today, as part of the company's leadership realignment to support stronger execution, governance continuity and future business growth.
SKP Resources slips into net loss as tariffs weigh on order volumes
PETALING JAYA: SKP Resources Bhd has posted a net loss of RM37.28mil for its fourth quarter ended March 31, 2026 (4QFY26) primarily driven by moderation in order volumes received from certain customers amid implementation of tariff measures and geopolitical tensions.
MN Holdings sees strong growth backed by RM1.75bil order book
PETALING JAYA: MN Holdings Bhd's net profit rose 30% to RM21.4mil in the third quarter ended March 31, 2026 (3Q26), from RM16.5mil a year earlier.
Guan Chong sees demand recovery as cocoa prices stabilise
PETALING JAYA: The lower selling prices of cocoa products resulted in Guan Chong Bhd posting a revenue of RM2.62bil for the first quarter ended March 31, 2026 (1QFY26), compared to RM4.3bil in the same quarter a year ago.
MTT Shipping orders two container vessels in US$79.93mil deal
PETALING JAYA: MTT Shipping and Logistics Bhd (MTTSL) is investing a combined US$79.93mil to acquire two new 3,300 twenty-foot equivalent unit (TEU) container vessels from China's Wuhu Shipyard Co Ltd.
Solarvest acquires 6.6% stake in Hartanah Kenyalang for RM12.4mil
PETALING JAYA: Solarvest Holdings Bhd has acquired 45 million placement shares in Hartanah Kenyalang Bhd (HKB) at an issue price of 27.5 sen per placement share, for total cash consideration of RM12.4mil.
