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Corporate News

Showa unveils US$8.8bil deal for Hitachi Chemical

TOKYO: Showa Denko K.K., Japan’s No. 3 diversified chemicals supplier, agreed to pay more than double its own market value to buy its bigger rival Hitachi Chemical Co, a deal that would expand its car battery and high-function materials business.

Corporate News

OM Sarawak ramps up output with operation of 16th furnace

KUCHING: OM Materials (Sarawak) Sdn Bhd, which owns a ferro alloy smelting plant in Samalaju Industrial Park, Bintulu, has bolstered production.

Corporate News

Denko renamed ATA IMS

KUALA LUMPUR: Denko Industrial Corp Bhd has been renamed ATA IMS Bhd, Bursa Malaysia announced yesterday.

Corporate News

Pertama eyes full capacity in October for smelting plant

KUCHING: Ferrosilicon and manganese alloys maker Pertama Ferroalloys Sdn Bhd expects to run its smelting plant in Samalaju Industrial Park, Bintulu at full capacity in October.

Metro News

Win-win solution proposed for smelting plant electricity usage dispute

KUCHING: Sarawak Energy Bhd says it has proposed a “win-win” solution to Pertama Ferroalloys Sdn Bhd (PFA) over the latter’s request not to be charged for unconsumed electricity at its manganese alloys smelting plant in Samalaju Industrial Park, Bintulu.

Metro News

Smelting plant electricity usage dispute to be mediated by Recoda

KUCHING: The Regional Corridor Development Authority (Recoda) is stepping in to help resolve a dispute between Pertama Ferroalloys Sdn Bhd and Sarawak Energy Bhd (SEB) over Pertama having to pay for unconsumed electricity at its manganese alloy smelting plant in Samalaju Industrial Park, Bintulu.

Analyst Reports

F&N 'hold', Denko 'buy', Genting 'buy', MMHE 'buy',

FRASER & Neave Holdings Bhd (F&N) is expected to register a stronger bottom line in the second half of its financial year 2018 (FY18), mainly attributed to lower input costs.

Investment

Risk averseness in investing

Timing on when to go in and out of market crucial