Bilis Bilis senasena bilis: 10 cent up means it could go up to 0.3x??!! wao... 09/07/2015 11:19
PROVIDED YOU DO THE...........? (AS DIRECTED BY DATUKKONG......) 09/07/2015 12:07 senasena bilis: yeah right, i got you, Do the PUI... lol Btw, still hesitate to grab some as market is in chaos 09/07/2015 12:39 09/07/2015 16:45
I heard the Chinese white knight has arrived in town to sign the actual agreement of restructuring plan..they will pump in RM300m to revive the company.. then later control the co and use it as they vehicle to conquer south east asian steel market!
KUALA LUMPUR) "Nanyang Siang Pau" ascertain, Perwaja Holdings (PERWAJA, 5146, board of industrial products stocks) will work with China Zhiyuan Investment Group, the day after tomorrow (the 15th) signed a new memorandum of cooperation.
Perwaja Holdings predicament deeply in debt, to find a helping hand extended Zhiyuan Investment Group signed a memorandum of understanding at the beginning of May, in the 18 months to inject 300 million ringgit, divided into 3 phases will Terengganu Kemaman plant, transformed into stainless steel plant.
It is understood that the two sides will sign a new memorandum of cooperation in the day after tomorrow, and will be at the signing ceremony, announced further details and progress of the cooperation.
According to previous memorandum and lease, Zhiyuan will in the first phase, inject 100 million ringgit leased part of the land in Perwaja Terengganu Kemaman plant to build a new assembly plant and machinery for the production of raw materials use.
Restart Camarines factory production line
The second stage, creditors will seek Perwaja Holdings, regulatory unit, with the approval of Bursa Malaysia and the Bank of the parties, to take over the transformation and restart Camarines plant production line, then Zhiyuan Group a further injection of an additional 200 million ringgit for the production of 400,000 tons of stainless steel plate and bad.
If all goes well above the third phase of plant development malpractices related to stainless steel production plant, annual production of about 800,000 tons.
hi popcorn.. see u here again.. this share look not so nice with the chart oh.. bcareful
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