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Press Metal unit secures RM400mil loan facility
Edited by : AL CIRCLE
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Press Metal Bintulu Sdn Bhd (PMB), a wholly-owned subsidiary of Press Metal Bhd, has secured a RM400mil syndicated term loan facility to expand the second phase of its aluminium smelting plant in Samalaju, Sarawak.
When fully commissioned, the new plant is expected to triple PMB's smelter capacity in Malaysia to 360,000 tonnes.
When fully commissioned, the new plant is expected to triple PMB's smelter capacity in Malaysia to 360,000 tonnes.
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