Perwaja aborts regularisation scheme


  • Property
  • Thursday, 09 Feb 2017

nterview with Tan Sri Abu Sahid of Perwaja.

Steel maker says parties involved failed to fulfil conditions

KUALA LUMPUR: Perwaja Holdings Bhd has aborted its proposed regularisation scheme that would have seen a China-based group emerging as a strategic shareholder and its factory shifting towards producing specialised higher value-added stainless steel products.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , PErwaja , aborted , proposal

   

Next In Business News

Ajinomoto declares special dividend of RM2.12 from land sale
Epicon uplifted from PN17 status
Lotte Chemical Titan’s 1Q net loss narrows to RM178mil
Pasukhas gets data centre construction job worth RM56.98mil
FBM KLCI bucks regional downtrend
Indonesia's inflation rate eases slightly in April
Main Market-bound Feytech holdings aims to raise RM114.66mil from IPO
Asian equities slip on Fed decision; Indonesia drops as inflation rate eases
TA Investment declares distributions for two funds
Yinson Production completes US$1.3bil project financing for Agogo FPSO

Others Also Read