Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

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Payable emissions (tCO₂e/t)

Total CBAM Cost (€)

Notes:
There may be a difference when calculating the price with respect to import volume, carbon price, and benchmark emissions, as the embedded formula may result in minor variations due to decimal rounding. Therefore, the actual value may vary.

CBAM is applicable to trade volumes starting from 50 metric tonnes. For trade volumes below 50 metric tonnes, CBAM does not apply.

Usage Procedure – How to use the CBAM Calculator Sheet

Enter or update values only in the INPUT
PARAMETERS section (Highlighted in blue) , including
the carbon price, benchmark emissions, CBAM
chargeable percentage (as per the phase-in year),
and imported quantity.

The system will automatically calculate the payable
emissions and the total CBAM cost (€) based on the
inputs provided.

Notes:
• Change any input value to automatically update CBAM cost.
• Formula used: Carbon price × payable emissions × quantity.
• Model aligned with CBAM supplier-side illustrative methodology.

21 OCTOBER 2022 AL CIRCLE

Press Metal founding members sell 1.5% stake worth RM605.59 million

EDITED BY : MAYURAKSHI GANGULY 2MINS READ

Malaysia-based Press Metal Aluminium Holdings Bhd has retrieved 123.59 million shares from the market, selling almost a 1.5 per cent stake in the company amounting to RM605.59 million, as was recorded in the local bourse board.

Press Metal founding members sell 1.5% stake worth RM605.59 million, Alcircle News

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The group filled in the data on October 19, Wednesday and Bursa Malaysia confirmed that each share was sold at RM4.90 the day before on October 18.

The five Koon brothers were vital in the selling of these shares, where the chief executive officer of the group, Tan Sri Koon Poh Keong, sold for 51.59 million, the group’s executive vice-chairman Koon Poh Ming went down for 20 million, and the executive directors, Koon Poh Weng, Datuk Koon Poh Tat and Koon Poh Kong sold for 30 million, 17 million and 5 million, respectively.

Today, the share price of the biggest aluminium smelting and extrusion enterprise in the whole of Southeast Asia has marked a share price of RM4.38, down by one sen, which is equal to RM36.09 billion in market capitalisation.

The Koon brothers have sold their shares for the second time in just two months.

Earlier on September 7, Poh Tat, Poh Weng and Poh Ming all together sold almost 8 million shares of the company at RM4.90 per share, amounting to RM39.2 million.

To state everything at once, the primary shareholders of the company have sold about 1.597 per cent stake in Press Metal during the gap from September 7 to October 18, whereas the total issued shares of the group have been estimated at 8.24 billion.

At this moment, the brothers are left with an accumulative direct stake of 16.9 per cent in Press Metal and an indirect stake of 38.91 per cent, along with Poh Keong’s vested interest in Alpha Milestone Sdn Bhd that holds 34 per cent in the enlisted organisation.

During the six months time span ending on June 30, 2022 (H1 FY2022), Press Metal saw a net profit of RM830.19 million, with an 80 per cent increase compared with the previous year’s collection of RM461.3 million. Earnings per share amounted to 10.18 sen, which is greater than the 5.71 sen recorded in H1 FY2021. The revenue also saw a spike of 67.21 per cent resting at RM7.93 billion from the previous year’s RM4.74 billion.

Press Metal has operations in Malaysia and China, with their peak season recorded on March 4 amounting to RM7.22 in tandem due to the plunge in aluminium prices in the commodity outposts.

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