Wednesday, February 10, 2010

【转贴】masteel 扩展业务计划通告

Company Name:
MALAYSIA STEEL WORKS (KL) BHD
Stock Name :
MASTEEL
Date Announced:
09/02/2010
Type:
Announcement
Subject:
MALAYSIA STEEL WORKS (KL) BHD- DOWNSTREAM EXPANSION PROJECT
Contents:
1. INTRODUCTIONThe Board of Directors of Malaysia Steel Works (KL) Bhd (“Masteel” or the “Company”) wishes to inform that the Company intends to invest approximately RM300.0 million in a downstream expansion project to meet the demand of the growing local and export markets (“PROJECT”). The PROJECT will be ready in two (2) years and the whole PROJECT will be financed through internal generated funds and bank borrowings.
Announcement Details :
2. DETAILED INFORMATION OF THE PROJECT
The PROJECT will be located adjacent to the Company’s existing meltshop at the Bukit Raja plant, Klang, covering an area of approximately 20 acres land. The feedstock will be the Company’s billets produced at the meltshop.3. RATIONALE
To meet the demand of the Company’s growing local and export markets, catering a wider range of steel products of wider market segments.4. EFFECTS OF THE PROJECTThere is no immediate effect. However, once the PROJECT completed in 2 years time, it will augur well to the margin and profitability of the Company. Consequently, this should improve the stakeholders’ value and expectation.5. DIRECTORS’ AND MAJOR SHAREHOLDERS’ INTEREST
None of the directors and/or major shareholders of Masteel and/or persons connected to them have any interest, direct or indirect, in the PROJECT.6. STATEMENT BY THE BOARD OF DIRECTORS
The Board of Directors of Masteel is of the opinion that the PROJECT is in the best interest of Masteel.This announcement is dated 9 February 2010.

馬鋼廠投資3億‧拓展下游業務

(吉隆坡)馬來西亞鋼廠(MASTEEL,5098,主板工業產品組)有意投資約3億令吉至下游拓展計劃,以因應國內外市場成長需求。
馬來西亞鋼廠發文告指出,為提供更多鋼鐵產品以應付更大的市場需求,公司擬投入高達3億令吉以拓展下游業務。

這家工廠將位於現有巴生武吉拉惹的廠地,佔地20英畝,原來自現有廠房的鋼條。
這項計劃為期2年,並將藉內部資金與銀行貸款進行。
一旦計劃落實,預計為公司帶來賺幅與盈利,並加強股東價值與預期。
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