Latest news with #RM5.6mil
The Star
27-05-2025
- Automotive
- The Star
Hannah hopes corporate sector will step in to help motorsports
PETALING JAYA: Competing in motorsports isn't cheap, and the Youth and Sports Ministry can't develop the sport on their own without the help of corporate backing. Youth and Sports Minister Hannah Yeoh said the government's allocation of RM5.6mil in funding for motorsports this year is not nearly enough to further develop it in the country.
The Star
07-05-2025
- Business
- The Star
SCRB acquires land in Sarawak for RM5.6mil
PETALING JAYA: Supreme Consolidated Resources Bhd (SCRB) is proposing to acquire a parcel of mixed zone land measuring 14,690 sq metres in Kuching, Sarawak from Globalmas Sdn Bhd for RM5.6mil. In a filing with Bursa Malaysia, the integrated fast moving consumer goods firm said it intends to construct a new warehousing and cold storage facility that will serve as an additional distribution centre for the group in Sarawak. 'The current warehousing and cold storage facilities are operating at almost full capacity, resulting in the need to rent additional storage space occasionally to store products which increases expenses and reduces operational efficiency. 'The new warehousing facilities will include a new warehousing area, cold storage facilities (such as freezer and chiller room to store frozen and chilled food), office, loading and unloading bay.' Additionally, SCRB said the new warehousing facility with an expanded total built-up area and pallet space will provide the group with future growth and expansion at the same time increase operational efficiency.
