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HG Metal Manufacturing Limited ( (SG:BTG) ) has provided an announcement.
HG Metal Manufacturing Limited held its annual general meeting in Singapore on 23 January 2026, chaired by independent non-executive chairman Ong Hwee Li, with key directors and the chief financial officer in attendance. Shareholders were briefed on AGM procedures, prior responses to investor queries, and the presence of external auditors at the session.
During the meeting, management clarified that an estimated S$15–20 million earmarked for the property at 47 Tuas View Circuit will fund new equipment to expand business, rather than form part of the property acquisition cost. The chief financial officer also explained that the target annual production capacity of 180,000 metric tons at the Tuas site is planned over three to five years, with flexibility to accelerate capacity ramp-up depending on market demand while maintaining operational stability.
More about HG Metal Manufacturing Limited
HG Metal Manufacturing Limited is a Singapore-based company in the metal manufacturing and steel processing industry. The group operates production facilities and invests in equipment and property to expand manufacturing capacity, positioning itself to serve industrial and construction demand in the region.
Average Trading Volume: 309,429
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$175.8M
Find detailed analytics on BTG stock on TipRanks’ Stock Analysis page.