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Kota Kinabalu: Borneo Oil Berhad (BornOil)’s associated company, Verde Resources, Inc (VRDR), appears to have caught the eye of investors following a strategic reshuffling of its executive deck in September 2023. ....
Kota Kinabalu: Following the success of its Sabasco sauces from chilli cultivated in the volcanic soils of Kunak, Borneo Oil Berhad (BornOil) is embarking on its next venture popularising another Borneo crop –Sarawak’s Bario rice. ....
What should have been a priority for Sabah decades ago – the State’s own manufacturing facility to supply reliable cement at reasonable price for the numerous construction projects statewide – finally became a reality, here, on Monday. Borneo Oil Berhad (BornOil) hosted a “Kiln Firing Up Ceremony” to mark the commissioning of Sabah’s First Integrated Clinker and Cement Manufacturing Plant (ILPP). BornOil Executive Director Datuk Joseph Ambrose Lee said it was largely possible due to BornOil’s recent acquisition of 30 per cent equity in Makin Teguh Sdn Bhd (MTSB) which owns the ILPP. ILPP is in the business of manufacturing and trading of clinker, cement and related products. Currently, there are 12 integrated clinker and cement plants in Malaysia with 11 in West Malaysia and one in Sarawak. Until now, Sabah’s cement needs have been met by Cement Industries Sabah which does not manufacture cement and had been ....
Borneo Oil Berhad (BornOil) saw an almost doubling of full-year net profit to RM53.28 million (2021: 28.48 million) in contrast to a 71 per cent increase in annual revenue to RM87.66 million (2021: RM51.41 million) ....
Borneo Oil Berhad (BornOil) said in an announcement to Bursa Malaysia that it has completed the interim exploration works on Zones D and H at Bukit Ibam Gold Prospect and that the overall potential for this combined area is estimated to be 400,000 tons of ore containing approximately 200kg of gold with an average grade of between 0.3 and 0.5 g/t Au ....