Sabah & Sarawak
Muhibbah bags second win of the year
Muhibbah Engineering Malaysia Bhd ( Muhibbah) has bagged its second win of the year with an RM584.4 million contract from the Bintulu Port Authority.
The announcement of the win was made via a filing on Bursa Malaysia where the company detailed that the contract was received via a joint venture entity – Muhibbah Viccan JV – where Muhibbah owns a 51 per cent stake.
HSL files appeal against High Court decision
Hock Seng Lee Bhd (HSL) has filed an appeal against the High Court in Sabah and Sarawak’s decision to proceed with a suit against the company and four of its directors.
This was announced in a filing on Bursa Malaysia on May 3 where the group declared their dissatisfaction with the whole decision given by the High Court and had in turn appealed to the Court of Appeal Malaysia against the decision.
Sole Tony Roma’s outlet in Borneo targets lunch crowd
Tony Roma’s Malaysia is expanding its target market by introducing its weekday set lunch aimed at the office crowd in Kuching based on its to its value-for-money deal.
According to operations manager Dave Sidhu, its branch in Vivacity Megamall, Kuching – its sole branch in Sabah and Sarawak – sees great patronage during weekends and public holidays, but its weekday crowd places empahasis on lunch.
Labuan Port Authority to appoint consultant for port improvement
The newly- established Labuan Port Authority (LPA) will appoint a consultant to oversee the possible improvement of the Labuan Liberty Port. Chairman Datuk Wee Jeck Seng said the improvement is needed to turn the port into one of international stature.
Dayang a strong contender with execution capabilities, positive track record
Dayang Enterprise Holdings Bhd (Dayang) has been viewed by analysts as a strong contender with the group’s execution capabilities and positive track record with clients. According to Public Investment Bank Bhd, Dayang’s overall performance have been showing signs of improvement since the third quarter of financial year 2016, encouraged by increased activities and Dayang’s efforts to aggressively bid for both domestic and international tenders.
Pan Borneo, Baleh Dam catalytic to CMS’ earnings growth
Cahya Mata Sarawak Bhd’s construction materials and cement divisions are expected to continue driving the group in the near to long term future, underpinned by an expected increase in demand for materials for the development Pan Borneo Highway and Baleh Dam.