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Business 01 Feb 2005 | 12:00 AM

Lion Forest to buy Silverstone

Pulp and paper producer Lion Forest Industries Bhd (LionFIB) has proposed to acquire Silverstone Bhd, which manufactures tyres. Both LionFIB and Silverstone are members of the Lion group.

Business 20 Sep 2005 | 12:00 AM

SC rejects Silverstone sale to Lion FIB unit

THE Securities Commission (SC) has not approved Silverstone Corp Bhd's proposal to sell the entire equity of Silverstone Bhd to Quay Class, a wholly-owned subsidiary of Lion Forest Industries Bhd (Lion FIB).

Business 22 Oct 2010 | 12:00 AM

Lion Forest sells Silverstone to Toyo Tire for RM462mil

PETALING JAYA: Lion Forest Industries Bhd, owned by Lion Group, is selling its local tyre manufacturer Silverstone Bhd for RM462mil to Japan's Toyo Tire Rubber Co Ltd, as Lion Forest looks to realise and unlock the value in Silverstone and make a gain of RM140mil from the sale.

Business 03 Feb 2005 | 12:00 AM

LionFIB share price falls on tyre takeover news

THE share price of pulp and paper producer Lion Forest Industries Bhd (LionFIB) was marked down from the opening bell yesterday following the announcement on Monday that it would pay RM225mil for tyre maker Silverstone Bhd.

Lifestyle 29 Feb 2004 | 12:00 AM

Silverstone enters the Silica Age

THERE is a common perception that Malaysian tyres are inferior to their Japanese and European competitors. Silverstone Bhd is set to change that misconception with its new range of value-for-money passenger car tyres, the I>Kruizer 1/INS500, which incorporate Silverstone's latest proprietary silica-based rubber compound called Micro-Beta Silica Technology (MBST).

Business 16 Jun 2005 | 12:00 AM

Silverstone producing more premier tyres

Silverstone Bhd has expanded its range of premier tyres to remain competitive in the market, said managing director Phang Wai Yeen.

Business 19 Jul 2011 | 12:00 AM

Toyo Tire to invest RM1.2bil in Perak

IPOH: Japanese tyre maker Toyo Tire Rubber Co Ltd, which has taken over Taiping-based Silverstone Bhd, aims to increase its annual production to 15 million units in the next five years, International Trade and Industry Minister Datuk Seri Mustapa Mohamed said yesterday.

Metro News 22 Feb 2021 | 7:00 AM

Local tyre maker helps laid off employees secure jobs

SILVERSTONE Bhd is assisting its employees affected by the closing down of its 30-year-old plant in Kamunting to secure employment opportunities in the industry.

Metro News 25 Feb 2021 | 7:00 AM

Local tyre maker helps laid off employees secure jobs

SILVERSTONE Bhd is assisting its employees affected by the closing down of its 30-year-old plant in Kamunting to secure employment opportunities in the industry.