Sarawak Energy not to be affected by impending tariff reduction
KUCHING: RAM Ratings does not expect Sarawak Energy Bhd’s (Sarawak Energy) financials to be affected by the state government’s recently…
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KKB procures RM43.9 million steel pipes job
KUCHING: KKB Engineering Bhd (KKB) has secured a contract for the supply and delivery of concrete-lined mild steel pipes worth…
RAM Ratings: CPO price to average RM2,400 to RM2,500 for 2014
KUCHING: RAM Ratings has revised its price outlook for crude palm oil (CPO) the fourth quarter of 2014, expecting the…
Pengerang RGT to produce 3.5 million metric tonnes annually
KUCHING: The capacity for the Pengerang RGT will be fully underwritten by Petronas, which is positive that cost overrun risks…
BHB hit half a billion mark for nine month period
KUCHING: BIMB Holdings Berhad (BHB) posted a consolidated Profit Before Zakat and Taxation (PBZT) of RM595.5 million for the nine…
Bank Negara raids Jasa Kembar Sdn Bhd and Lancar Borneo Sdn Bhd
KUCHING: Bank Negara Malaysia (BNM) raided two Kuala Lumpur-based companies, Jasa Kembar Sdn Bhd and Lancar Borneo Sdn Bhd, on…
Celcom, forex losses mirror Axiata’s poor showing
KUCHING: Axiata Group Bhd (Axiata) recorded another set of disappointing results following Celcom’s abysmal showing and foreign exchange (forex) losses.…
CIMB-Principal declares unit split for APDI Fund
KUCHING: CIMB-Principal Asset Management (CIMB-Principal) has announced a 2:5 unit split for existing unit holders of the CIMB-Principal Asia Pacific…