Malaysia Star

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Malaysia Star

 •  September 20

KUALA LUMPUR: Scientex Bhd ’s FY17 core earnings of RM255mil came within Kenanga Investment Bank Research’s forecast as it maintained its Market Perform and target price of RM8.50 for the consumer packaging and property company. The research house said on Wednesday the core earnings were within its (96%) but slightly below consensus (93%) FY17E...

Malaysia Star

 •  September 2

ENFORCEMENT of the compulsory use of biodegradable and compostable plastics bags and food containers in the Federal Territories officially started Friday. With the implementation of the ruling, the price of plastic bags is expected to increase by three to sixfold, while food containers will cost about 30% more. For example, 100 pieces of medium...

Malaysia Star

 •  August 25

KUALA LUMPUR: D&O Green Technologies Bhd (D&O), which manufactures and markets light emitting diode (LED) products, is raising its stake in its subsidiary Dominant Opto Technologies Sdn Bhd in a RM275mil non-cash deal. D&O said on Friday it had offered to buy 30.75 million Dominant shares, representing 27.95% of its equity interest, for RM275.21mil...

Malaysia Star

 •  August 14

Bangsar – Many of us know this upmarket residential neighbourhood in Kuala Lumpur but how many are aware of its genesis? In 1906, when Malaya was a British colony, the London-based Kuala Lumpur Rubber Co Ltd started planting rubber trees in Kuala Lumpur to produce the then much in demand commodity. The names of two board members of the company,...

Malaysia Star

 •  July 31

KUALA LUMPUR: Lotte Chemical Titan Holding Bhd expects to strengthen its position as the region's leading polyethylene producer following a breakthrough in the mass production trial of metallocene linear low-density polyethylene (mLLDPE). mLLDPE, a thermoplastic and a form of linear low-density polyethylene (LLDPE) , is a main component for...

Malaysia Star

 •  June 20

PETALING JAYA: Global packaging manufacturer and property developer Scientex Bhd chalked up 8.6% in net profit to RM66.5mil and 17.0% gain in revenue to RM636.2mil in the third quarter ended April 30, 2017 (Q3 17) . The stronger performance was mainly attributed to stronger exports in the group’s manufacturing segment and higher progress billings...

Malaysia Star

 •  May 30

OCEANCASH PACIFIC BHD By CIMB Research Add (maintain) Target price: 88 sen THE company’s first quarter 2017 net profit was 17% of CIMB Research’s and Bloomberg’s consensus of financial year 2017 estimates. CIMB Research expects stronger quarter-on-quarter (q-o-q) earnings ahead. While revenue grew 18% year-on-year (y-o-y), Oceancash’s net profit...

Malaysia Star

 •  March 24

PETALING JAYA: The outlook for Scientex Bhd, a plastic packaging firm, may hinge on the company’s US investment. UOBKayHian Research (UOBKH) said a new stretch-film plant in Arizona with a capacity of 30,000 tonnes per annum would see synergistic benefits from the company’s highly efficient manufacturing operations with savings in logistics...

Malaysia Star

 •  June 21, 2016

Makers' tool: The Idea Builder 3D40 creates objects by building them layer by layer from melted plastic filament. — AFP Relaxnews The manufacturer Dremel has unveiled a new-generation 3D printer that's Wi-Fi compatible and comes with a host of pre-loaded models. It's due to roll out over the next few months, and can be pre-ordered for US$1,299...

Malaysia Star

 •  November 28, 2012

Faced with lawsuits from the plastics industry, Toronto City Council voted 38-7 Wednesday to forget about banning plastic shopping bags on Jan. 1 as planned.
At the behest of Mayor Rob Ford, council earlier this year scrapped the mandatory 5-cent bag fee introduced in 2009, which supporters said had been successful in slashing the number of bags ...