KUCHING: Press Metal Bhd, which owns aluminium smelting plants in Mukah and Bintulu, is selling its loss-making facility in China.
Its 90%-owned unit Hubei Press Metal Huasheng Aluminium and Electric Co Ltd, had entered into a final asset settlement agreement with Hubei Hashing Aluminium and Electric Co Ltd (HHAE) and Qianjiang City Qiansheng State-owned Enterprise (QCQ).
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