Orchid Garden Coffee House sports new look

KUCHING: The Grand Margherita Hotel recently unveiled the brand new look of its main restaurant the Orchid Garden Coffee House. It was recently reopened after an extensive threemonth renovation works. In celebration of the successful renovation and the festive season, … Continue reading

TRM targets 2.5 million man hours in 2010

MIRI: Following three great achievements, TMR Urusharta Sdn Bhd (East Malaysia) (TRM) is targeting another safety performance of 2.5 million man hours without Lost Time Injury (LTI) in 2010. On August 11 last year, the company achieved a safety milestone … Continue reading

Rubber prices end higher

KUALA LUMPUR: Malaysian rubber prices ended higher yesterday in tandem with the firmer rubber futures on the Tokyo Commodity Exchange (TOCOM), a dealer said. The dealer said trading on the local front was quiet with less demand, adding that, gains … Continue reading

MFCB exits its South African business

KUALA LUMPUR: Mega First Corporation Bhd (MFCB) has announced the disposal of its dormant South African subsidiary Brycol Engineering (Proprietary) Limited (Brycol), of which it was deregistered from the republic’s Registrar of Companies. In its filing to Bursa Malaysia yesterday, … Continue reading

Ringgit strengthens against dollar

KUALA LUMPUR: The ringgit strengthened against the US dollar at close yesterday on continuous year-end demand, a dealer said. The ringgit was higher against the greenback at 3.4280/4310 from 3.4290/4340 at last Thursday’s close. According to the dealer, the local … Continue reading

OSK declares listing of new shares

KUALA LUMPUR: OSK Holdings Bhd (OSK) announced yesterday the grant for listing and quotation of its additional 236,199 new ordinary shares of RM1 each, which takes effect today on Bursa Malaysia. The shares comprised 227,200 new ordinary shares issued pursuant … Continue reading

Cautious outlook for plantation sector

KUCHING: Despite the more encouraging consumption outlook, the current strong export for palm oil is exposed towards a weakening next year as soybean supply is expected to normalise. Apart from this, there is also the risk of de-stocking if the … Continue reading

Property to register upcycle in 2010

KUCHING: The country’s real estate secotor is expected to warm up in the second half of 2010 before ushering in the ‘Spring’ in 2011. According to OSK Research Sdn Bhd (OSK Research) in its Investment Startegiy 2010 report, during this … Continue reading

CKH Realty launches Uni Square

KUCHING: Property developer Chong Kia Realty Sdn Bhd (CKH Realty) has launched Uni Square, a landmark retail, commercial cum residential development situated opposite the main entrance of Universiti Malaysia Sarawak (Unimas), Kota Samarahan. The current launch is riding upon the … Continue reading

Crest builder awarded RM175.5 mln contract

KUALA LUMPUR: Crest Builder Holdings Bhd has been awarded a RM175.500 million contract by Exceljade Sdn Bhd, for the superstructure works, on two towers of a 40-storey serviced apartment in Kuala Lumpur. The contract was awarded to its a wholly-owned … Continue reading