‘We started consolidation early’


Ann Joo Resources Bhd group MD Datuk Lim Hong Thye

THE affable Datuk Lim Hong Thye is only 41, but he is already a veteran in the steel industry, having survived the turmoil in the industry that forced the closure of Megasteel Sdn Bhd – Malaysia’s only flat steel plant.

When StarBizWeek caught up with him at the Ann Joo Resources Bhd headquarters, the suave and urbane Lim rattled out easily the facts and figures of the industry that he has been part and parcel of since he was 25 years old.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Ann Joo

Next In Business News

Poultry farmer Hock Soon Capital seeks to raise RM60mil from IPO
AMS Advanced Material gets Bursa Malaysia's nod for ACE Market listing
Malaysia Airports strengthens China connectivity at KLIA, Tawau to support VM2026
HSS Engineers' associate secures RM22mil EPCC job for data centre in Perak
Oil edges up after Trump backs off tariff threat on Greenland
Guan Huat Seng opens slightly lower at 24 sen in ACE Market debut
Australian dollar scales 15-month high on strong jobs data
Gold dips, stocks lift as Trump walks back Greenland threats
Ringgit opens firmer on OPR hold expectations
Bursa Malaysia tracks global rebound as Trump walks back tariffs threat

Others Also Read