Milux ventures into mining


Koh: 'We also disposed of assets that were not critical to operations'.

CAN a loss-making household appliance maker become a miner?

As strange as this may sound, Milux Corp Bhd is doing just that in the hope that extracting iron ore in Pahang could steer itself out of its doldrums.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Milux Corp , iron ore , Koh Pee Seng

Next In Business News

The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read