Burned by Trump’s solar panel tax


Downtrend: The Penang-based company’s share price had declined more than 17 since early January to trade at 38.5 sen apiece at yesterday’s close.

Tek Seng shares fall on US import tariffs

SHARES of Tek Seng Holdings Bhd have been under pressure following the announcement by US President Donald Trump that the country will slap import tariffs on solar panels.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Tek Seng , solar

Next In Business News

For the record
DayOne’s next move in focus
Carry trades in play
Shorter bonds, safer bets?
De Ayala’s curious mind
Full dams aren’t enough
House of Vanderbilt revives a fading fortune
EV producers drive into US market
Hybrid tax could end GST-SST standoff
Gold’s debt-driven rally

Others Also Read