Company gets second compensation for damages from fire


The Press Metal factory in Samalaju Industrial Park, Bintulu . — Filepic

KUCHING: Press Metal Bhd has received another compensation of RM50mil from its insurer in relation to last year’s fire which caused damages to its aluminium smelter in Samalaju Industrial Park, Bintulu.

The company told Bursa Malaysia that with the receipt of this second interim claim from MSIG Insurance (Malaysia) Bhd, the total claim had amounted to RM70mil.

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