A ship carrying bauxite from Guinea is unloaded at a port in Yantai, Shandong province, China May 15, 2017. Picture taken May 15, 2017 - Reuters
THE reversal of a bauxite mining boom in Kuantan following the Government’s ban last year is likely to take a toll on Main Market-listed WZ Satu Bhd’s financials.
In a filing with Bursa Malaysia on Thursday, the civil engineering and construction company cautioned investors of an expected loss of RM1.2mil in its mining segment results for the fourth quarter (Q4) ended Aug 31.
Already a subscriber? Log in.
Subscribe now for a chance to win your dream holiday!
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!
