Kinsteel served with winding-up petition


Kinsteel is an integrated steel manufacturer and one of the largest steel millers in Malaysia. It manufactures a wide range of long steel products. File picture shows Kinsteel Bhd worker using a forklift to load steel billets into a reheating furnace in its factory.

PETALING JAYA: Steel manufacturer Kinsteel Bhd has been served with a winding-up petition by Messrs Chan & Associates acting for Jambangan Untung Sdn Bhd that will be heard in the Kuantan High Court on Nov 3.

In a filing with Bursa Malaysia, the company said Jambangan has made a claim of RM483,004.10 with costs of RM800 being the amount owing in respect of goods sold and delivered to Kinsteel.

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