China steel market is bad. It will be cheaper for them to use the money to invest in Kinsteel to sell from Malaysia. Malaysia demand is strong, and import anti dumping duty to China product.
Reference is made to the Company’s announcements made on 1 August 2014, 29 August 2014, 11 September 2014, 12 September 2014, 15 September 2014 and 25 September 2014. The Board of Directors of Kinsteel wishes to announce that an amicable settlement out-of-court was reached between Kinsteel and Nippon Oxygen Sdn Bhd. Accordingly, the appeal which was fixed for hearing on 1 October 2014 in the Court of Appeal was withdrawn with no order as to costs. This announcement is dated 2 October 2014.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
fongchinpoc
44 posts
Posted by fongchinpoc > 2014-09-12 02:36 | Report Abuse
Hope government can do it ..... Not only said......because 0.28 is still low