Business Times Malaysia
Press Metal climbs on RM3b investment
Edited by : AL CIRCLE
1 min read
Press Metal Bhd, a Malaysian maker of aluminum products, climbed to the highest level in more than two months in Kuala Lumpur trading after Bernama reported that the company invested RM3 billion in its second smelting plant to increase total production capacity from September.
The stock gained 2.7 percent to RM1.90 at 9:18 a.m. local time, set for the highest close since Oct. 31.
The stock gained 2.7 percent to RM1.90 at 9:18 a.m. local time, set for the highest close since Oct. 31.
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