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Malaysia Smelting Corp. Announces RM2.9 Million Asset Revaluation Gain

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Malaysia Smelting Corp. Announces RM2.9 Million Asset Revaluation Gain

Confident Investing Starts Here:

An announcement from Malaysia Smelting Corp. Bhd. ( (SG:NPW) ) is now available.

Malaysia Smelting Corporation Berhad announced a net gain of RM2.9 million from the fair value adjustment of its land and buildings, as approved by its Board of Directors. This revaluation will increase the company’s net assets per share by 0.7 sen for the financial year ended December 31, 2024, potentially enhancing its financial standing and shareholder value.

More about Malaysia Smelting Corp. Bhd.

Malaysia Smelting Corporation Berhad (MSC) operates in the tin mining and smelting industry, focusing on the production and sale of tin metal and related products. The company is a significant player in the global tin market, with operations that include both upstream mining and downstream smelting activities.

Average Trading Volume: 12,188

Technical Sentiment Consensus Rating: Sell

Current Market Cap: S$282.1M

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

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