Latest news with #Corten
The Sun
28-05-2025
- Business
- The Sun
Signature International delivers strong Q1 FY25 performance, interior fit-out, modular solutions fuel expansion
KUALA LUMPUR: Signature International Bhd posted strong financial performance for its first quarter (Q1) ended March 31, 2025 (FY25), with revenue rising by 64.5% to RM247.5 million compared to RM150.5 million in Q1 FY24. The group's profit before taxation (PBT) more than doubled to RM32.8 million from RM13.3 million a year ago, driven by improved margins and contributions from equity-accounted associates. The substantial revenue increase was primarily driven by the continued robust growth of the group's interior fit-out segment, which contributed RM147.2 million, marking a notable increase from RM46.3 million in the same period last year. This impressive growth was fueled by accelerated project execution and strong market demand, particularly within high-value residential and commercial developments. The kitchen and wardrobe systems segments continued to deliver solid results. The Corten brand recorded revenue of RM52.0 million, while the Signature brand contributed RM48.3 million. Both segments benefited from strong project sales and a strategic focus on premium and niche markets, further boosting profitability. Signature International group CEO KS Lau said the strong quarterly performance demonstrates the resilience and effectiveness of the company's diversified business model, strategic market positioning, and operational capabilities. 'The notable growth, especially in our interior fit-out division, showcases our consistent ability to deliver high-margin projects and leverage Malaysia's active property market. 'With our robust order book standing at RM1.23 billion, we remain optimistic about our continued growth prospects. 'Demand remains strong across our core business segments, positioning us well to maintain our growth trajectory. 'Our strategic priority continues to be enhancing profitability, operational efficiency, and reinforcing our market leadership,' he said. As of March 31, 2025, Signature International's order book remained strong, with RM244 million under the Signature brand, RM663 million under the Corten brand, and RM322 million in interior fit-out projects. The group anticipates sustained positive revenue and profit performance, driven by steady project inflows and consistent market demand. In line with its commitment to sustainability, Signature International continues to integrate environmental stewardship, employee well-being, and governance excellence into its operations, aligning closely with Malaysia's broader ESG objectives. 'As we progress through 2025, Signature International remains strategically positioned to capitalise on emerging growth opportunities, driven by our strong market reputation and comprehensive solutions. 'We are committed to delivering sustained value for our shareholders and stakeholders alike,' Lau said. Signature International is a subsidiary of Chin Hin Group Bhd, a Malaysian conglomerate listed on Bursa Malaysia, primarily engaged in building materials, construction, property development, and home and living solutions. Chin Hin's portfolio also includes other prominent companies such as Ajiya Bhd, Chin Hin Group Property Bhd, and Fiamma Holdings Bhd. Lau said Signature International's strategic priority continues to be enhancing profitability, operational efficiency, and reinforcing market leadership.
Otago Daily Times
27-04-2025
- Health
- Otago Daily Times
War hospital brought back to life
Hurunui's fallen soldiers were remembered at two events on Anzac Day. The Soldiers' Block in the former Queen Mary Hospital grounds in Hanmer Springs was brought back to life for its official opening on Friday afternoon while a new war memorial was unveiled in Culverden earlier. Hurunui Mayor Marie Black said the $3.6m Soldiers' Block restoration was the culmination of two decades of community advocacy to preserve the site. ''It is tremendous. It demonstrates the value of working in the community.'' The Soldiers Block opened in 1916 to support soldiers recovering from the horrors of World War 1, being built alongside the hot springs, long valued for healing qualities. Queen Mary Hospital later became a mental health hospital, and then a drug and alcohol addiction treatment centre under the Taha Māori recovery programme up until 2003. The Ministry of Health had intentions to sell the site, but the local community rallied round and it was eventually vested in the council in 2010. The restoration was made possible by funding from Government, the Lotteries Commission, the Rata Foundation and the council's earthquake fund. Hanmer Springs firm O'Brien Construction was awarded the contract and began work restoring the Soldiers' Block in May last year. ''It has been an enjoyable job,'' Mark O'Brien said. ''The building was very sound. It was in very good condition considering its age.'' To ensure the building survives for another 100 years, O'Brien Construction laid down new foundations, with 64 piles drilled into the ground 900mm deep. The floors were then restored with the same material as the original floors - Jarrah in the wards and rimu in the hallway. Hanmer Springs business owner Jason Fletcher was a driving force behind the project. He said the Soldiers' Block is now open for community use for events and community functions and there is a community fitness centre onsite. A wharenui attached to the Soldiers' Block is also being restored by Ngāti Kūri and will be officially opened later in the year. Long term the community plans to turn the Soldiers' Block into an interactive museum, bringing the stories of the soldiers back to life. The Queen Mary Historic Reserve Trust has been working with Weta Workshop on the design, but will need to raise around $6m. Anzac Day services returned to Culverden after a four year absence with the unveiling of a new war memorial, a six-metre high Corten steel laser-cut soldier and poppy that will be lit up at night. The $150,000 project was made possible thanks to the legacy of the Rutherford family, which has been farming in the district since 1860. Duncan Rutherford built a drill hall in the town in 1902, donating it to the community for the mounted rifles to use for training. The hall served the community for 80 years until it was sold, with the proceeds put away for ''a special project''. ''This is that special project,'' Amuri Community Committee chairperson David Croft said. ''Those funds went a long way towards meeting our goal and it was made possible because of the generosity of so many businesses and individuals.'' Funding was also received from the Lotteries Commission, the council and a local community cull cow drive. A $5000 grant from the council's contestable fund allowed for two storyboards to be made, telling the stories of the men who gave their lives in the two world wars. The memorial is now taking pride of place in the Rutherford Railway Reserve. Duncan Rutherford's descendants came out in force, including his grandson, 103-year-old John Rutherford. John Rutherford was joined by some of his great-grandchildren to plant a tree to mark the occasion. By David Hill, Local Democracy Reporter ■ LDR is local body journalism co-funded by RNZ and NZ On Air.
1News
26-04-2025
- Health
- 1News
Hanmer war hospital brought back to life
Hurunui's fallen soldiers were remembered at two events on Anzac Day. The Soldiers' Block in the former Queen Mary Hospital grounds in Hanmer Springs was brought back to life for its official opening on Friday afternoon while a new war memorial was unveiled in Culverden earlier. Hurunui Mayor Marie Black said the $3.6m Soldiers' Block restoration was the culmination of two decades of community advocacy to preserve the site. "It is tremendous. It demonstrates the value of working in the community." The Soldiers Block opened in 1916 to support soldiers recovering from the horrors of World War 1, being built alongside the hot springs, long valued for healing qualities. Queen Mary Hospital later became a mental health hospital, and then a drug and alcohol addiction treatment centre under the Taha Māori recovery programme up until 2003. The Ministry of Health had intentions to sell the site, but the local community rallied round and it was eventually vested in the council in 2010. The restoration was made possible by funding from Government, the Lotteries Commission, the Rata Foundation and the council's earthquake fund. Hanmer Springs firm O'Brien Construction was awarded the contract and began work restoring the Soldiers' Block in May last year. "It has been an enjoyable job," Mark O'Brien said. "The building was very sound. It was in very good condition considering its age." To ensure the building survives for another 100 years, O'Brien Construction laid down new foundations, with 64 piles drilled into the ground 900mm deep. The floors were then restored with the same material as the original floors — Jarrah in the wards and rimu in the hallway. Hanmer Springs business owner Jason Fletcher was a driving force behind the project. He said the Soldiers' Block is now open for community use for events and community functions and there is a community fitness centre onsite. A wharenui attached to the Soldiers' Block is also being restored by Ngāti Kūri and will be officially opened later in the year. Long term the community plans to turn the Soldiers' Block into an interactive museum, bringing the stories of the soldiers back to life. The Queen Mary Historic Reserve Trust has been working with Weta Workshop on the design but will need to raise around $6m. Anzac Day services returned to Culverden after a four-year absence with the unveiling of a new war memorial, a six-metre high Corten steel laser-cut soldier and poppy that will be lit up at night. The $150,000 project was made possible thanks to the legacy of the Rutherford family, which has been farming in the district since 1860. Duncan Rutherford built a drill hall in the town in 1902, donating it to the community for the mounted rifles to use for training. The hall served the community for 80 years until it was sold, with the proceeds put away for "a special project". "This is that special project," Amuri Community Committee chairperson David Croft said. "Those funds went a long way towards meeting our goal and it was made possible because of the generosity of so many businesses and individuals." Funding was also received from the Lotteries Commission, the council and a local community cull cow drive. A $5000 grant from the council's contestable fund allowed for two storyboards to be made, telling the stories of the men who gave their lives in the two world wars. The memorial is now taking pride of place in the Rutherford Railway Reserve. Duncan Rutherford's descendants came out in force, including his grandson, 103-year-old John Rutherford. John Rutherford was joined by some of his great-grandchildren to plant a tree to mark the occasion. LDR is local body journalism co-funded by RNZ and NZ On Air.
Scoop
26-04-2025
- General
- Scoop
Hanmer War Hospital Brought Back To Life
Article – David Hill – Local Democracy Reporter The former Soldiers' Block in Hanmer Springs has been restored, and a new Culverden war memorial unveiled on Anzac Day. Hurunui's fallen soldiers were remembered at two events on Anzac Day. The Soldiers' Block in the former Queen Mary Hospital grounds in Hanmer Springs was brought back to life for its official opening on Friday afternoon while a new war memorial was unveiled in Culverden earlier. Hurunui Mayor Marie Black said the $3.6m Soldiers' Block restoration was the culmination of two decades of community advocacy to preserve the site. ''It is tremendous. It demonstrates the value of working in the community.'' The Soldiers Block opened in 1916 to support soldiers recovering from the horrors of World War 1, being built alongside the hot springs, long valued for healing qualities. Queen Mary Hospital later became a mental health hospital, and then a drug and alcohol addiction treatment centre under the Taha Māori recovery programme up until 2003. The Ministry of Health had intentions to sell the site, but the local community rallied round and it was eventually vested in the council in 2010. The restoration was made possible by funding from Government, the Lotteries Commission, the Rata Foundation and the council's earthquake fund. Hanmer Springs firm O'Brien Construction was awarded the contract and began work restoring the Soldiers' Block in May last year. ''It has been an enjoyable job,'' Mark O'Brien said. ''The building was very sound. It was in very good condition considering its age.'' To ensure the building survives for another 100 years, O'Brien Construction laid down new foundations, with 64 piles drilled into the ground 900mm deep. The floors were then restored with the same material as the original floors – Jarrah in the wards and rimu in the hallway. Hanmer Springs business owner Jason Fletcher was a driving force behind the project. He said the Soldiers' Block is now open for community use for events and community functions and there is a community fitness centre onsite. A wharenui attached to the Soldiers' Block is also being restored by Ngāti Kūri and will be officially opened later in the year. Long term the community plans to turn the Soldiers' Block into an interactive museum, bringing the stories of the soldiers back to life. The Queen Mary Historic Reserve Trust has been working with Weta Workshop on the design, but will need to raise around $6m. Anzac Day services returned to Culverden after a four year absence with the unveiling of a new war memorial, a six-metre high Corten steel laser-cut soldier and poppy that will be lit up at night. The $150,000 project was made possible thanks to the legacy of the Rutherford family, which has been farming in the district since 1860. Duncan Rutherford built a drill hall in the town in 1902, donating it to the community for the mounted rifles to use for training. The hall served the community for 80 years until it was sold, with the proceeds put away for ''a special project''. ''This is that special project,'' Amuri Community Committee chairperson David Croft said. ''Those funds went a long way towards meeting our goal and it was made possible because of the generosity of so many businesses and individuals.'' Funding was also received from the Lotteries Commission, the council and a local community cull cow drive. A $5000 grant from the council's contestable fund allowed for two storyboards to be made, telling the stories of the men who gave their lives in the two world wars. The memorial is now taking pride of place in the Rutherford Railway Reserve. Duncan Rutherford's descendants came out in force, including his grandson, 103-year-old John Rutherford. John Rutherford was joined by some of his great-grandchildren to plant a tree to mark the occasion. LDR is local body journalism co-funded by RNZ and NZ On Air.
Scoop
26-04-2025
- Health
- Scoop
Hanmer War Hospital Brought Back To Life
Hurunui's fallen soldiers were remembered at two events on Anzac Day. The Soldiers' Block in the former Queen Mary Hospital grounds in Hanmer Springs was brought back to life for its official opening on Friday afternoon while a new war memorial was unveiled in Culverden earlier. Hurunui Mayor Marie Black said the $3.6m Soldiers' Block restoration was the culmination of two decades of community advocacy to preserve the site. ''It is tremendous. It demonstrates the value of working in the community.'' The Soldiers Block opened in 1916 to support soldiers recovering from the horrors of World War 1, being built alongside the hot springs, long valued for healing qualities. Queen Mary Hospital later became a mental health hospital, and then a drug and alcohol addiction treatment centre under the Taha Māori recovery programme up until 2003. The Ministry of Health had intentions to sell the site, but the local community rallied round and it was eventually vested in the council in 2010. The restoration was made possible by funding from Government, the Lotteries Commission, the Rata Foundation and the council's earthquake fund. Hanmer Springs firm O'Brien Construction was awarded the contract and began work restoring the Soldiers' Block in May last year. ''It has been an enjoyable job,'' Mark O'Brien said. ''The building was very sound. It was in very good condition considering its age.'' To ensure the building survives for another 100 years, O'Brien Construction laid down new foundations, with 64 piles drilled into the ground 900mm deep. The floors were then restored with the same material as the original floors - Jarrah in the wards and rimu in the hallway. Hanmer Springs business owner Jason Fletcher was a driving force behind the project. He said the Soldiers' Block is now open for community use for events and community functions and there is a community fitness centre onsite. A wharenui attached to the Soldiers' Block is also being restored by Ngāti Kūri and will be officially opened later in the year. Long term the community plans to turn the Soldiers' Block into an interactive museum, bringing the stories of the soldiers back to life. The Queen Mary Historic Reserve Trust has been working with Weta Workshop on the design, but will need to raise around $6m. Anzac Day services returned to Culverden after a four year absence with the unveiling of a new war memorial, a six-metre high Corten steel laser-cut soldier and poppy that will be lit up at night. The $150,000 project was made possible thanks to the legacy of the Rutherford family, which has been farming in the district since 1860. Duncan Rutherford built a drill hall in the town in 1902, donating it to the community for the mounted rifles to use for training. The hall served the community for 80 years until it was sold, with the proceeds put away for ''a special project''. ''This is that special project,'' Amuri Community Committee chairperson David Croft said. ''Those funds went a long way towards meeting our goal and it was made possible because of the generosity of so many businesses and individuals.'' Funding was also received from the Lotteries Commission, the council and a local community cull cow drive. A $5000 grant from the council's contestable fund allowed for two storyboards to be made, telling the stories of the men who gave their lives in the two world wars. The memorial is now taking pride of place in the Rutherford Railway Reserve. Duncan Rutherford's descendants came out in force, including his grandson, 103-year-old John Rutherford. John Rutherford was joined by some of his great-grandchildren to plant a tree to mark the occasion. LDR is local body journalism co-funded by RNZ and NZ On Air.
