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Director’s Share Acquisition at Malaysia Smelting Corporation

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Director’s Share Acquisition at Malaysia Smelting Corporation

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Malaysia Smelting Corp. Bhd. ( (SG:NPW) ) has shared an announcement.

Malaysia Smelting Corporation Berhad announced a change in the director’s interest, with Dato Dr. Ir. Yong Mian Thong acquiring 20,000 ordinary shares through an open market transaction. This acquisition increases his direct interest in the company to 526,500 shares, representing 0.125% of the total shares, potentially signaling confidence in the company’s future prospects.

More about Malaysia Smelting Corp. Bhd.

Malaysia Smelting Corporation Berhad operates in the mining and smelting industry, primarily focusing on the production and sale of tin products. The company is a significant player in the global tin market, leveraging its expertise and resources to maintain its competitive position.

YTD Price Performance: -3.68%

Average Trading Volume: 17,979

Technical Sentiment Signal: Sell

Current Market Cap: S$274.6M

For an in-depth examination of NPW stock, go to TipRanks’ Stock Analysis page.

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