KUALA LUMPUR: Hong Seng Consolidated Bhd's wholly-owned subsidiary Hong Seng Industries Sdn Bhd( HSI) has entered into an agreement with Northern Corridor Implementation Authority( NCIA) to sublease an industrial land located in the Kedah Rubber City( KRC), Padang Terap, Kedah for RM44.69 million." The agreement will allow the company to lease the 503.31 hectares of industrial land in KRC for a period of 60 years, with an option to renew for a further 30 years, ” Hong Seng said in a filing to Bu

subsidiary Hong Seng Industries Sdn Bhd as well as other nitrile butadiene latex( NBL) manufacturers

in Kedah Rubber City( KRC) to build one of the the world’s largest nitrile butadiene rubber( NBL

3 billion in Kedah Rubber City( KRC) to build one of the the world's largest nitrile butadiene rubber

KUALA LUMPUR: Dialog Group Bhd's wholly owned subsidiary Dialog EC Sdn Bhd has signed an EPCC contract valued at about RM248mil with PRPC Utilities and Facilities Sdn Bhd.... It said the project will commence immediately and is expected to be completed by the second quarter of 2023.... " The project is not expected to have any effects on the share capital and substantial shareholders’ shareholding of DIALOG....

KUALA LUMPUR: JF Apex Research expects Genting Malaysia, QL Resources, RCE Capital, Sunway REIT, Aneka Jaringan and Hong Seng are among the stocks to watch on Wednesday following the corporate announcements. Genting Malaysia’s 49%-owned Empire Resorts Inc has won a licence to offer mobile sports betting in New York.QL Resources’ convenience store subsidiary FamilyMart Malaysia's new factory with a total investment of about RM100mil will be completed by the first quarter of 2022( 1Q22), which wil

PENANG: Iconic Worldwide Bhd’s wholly-owned subsidiary Iconic Medicare Sdn Bhd has completed its new RM200mil personal protective equipment( PPE) manufacturing facility for gloves and medical face masks here in Batu Kawan.In a statement Wednesday, Iconic said it obtained the Certificate of Completion and Compliance on Nov 9. The new manufacturing facility in Batu Kawan Industrial Park is expected to yield a minimum production capacity of 3.3 billion pieces of gloves and 220 million pieces of med

KUALA LUMPUR: Hong Seng Consolidated Bhd’s net profit surged to RM35. 22mil in the quarter to Sept 30, from RM1. 42mil. Its revenue for the period rose to RM56. 45mil against RM530, 000 previously. This was mainly attributed to the supply of reverse transcription-polymerase chain reaction( PCR) test kits for Covid-19 and the provision of Covid-19 related and other molecular laboratory test services to both government and private sectors. For the 18 months financial period ended Sept 30, Hong Sen

KUALA NERANG: Kedah Rubber City( KRC) is set to attract potential investments worth RM10 billion and create 15, 000 job opportunities by 2025, which will provide various spillover benefits to the local community. Prime Minister Datuk Seri Ismail Sabri Yaakob said despite being just launched, the Northern Corridor Economic Region( NCER) strategic project had to-date attracted committed investments of RM4 billion that would generate nearly 7, 000 job opportunities for the Malaysian Family." For ex

SINGAPORE – The Competition and Consumer Commission of Singapore( CCCS) is working on a set of guidelines to nudge online advertisers to be truthful after a study found that one in two products sold online had overstated their environmental claims.... Sign up By signing up, you agree to our Privacy Policy and TCs. The products in the study belonged to 10 categories, including books, electronics, fashion and beauty, and food and personal care.... It added that views from the public will be soug