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Malaysia Smelting Corporation CEO Acquires Shares, Signaling Confidence

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Malaysia Smelting Corporation CEO Acquires Shares, Signaling Confidence

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Malaysia Smelting Corp. Bhd. ( (SG:NPW) ) just unveiled an announcement.

Malaysia Smelting Corporation Berhad announced a transaction involving the acquisition of 20,000 ordinary shares by its Group Chief Executive Officer, Dato Dr. Ir Yong Mian Thong, on April 14, 2025. This transaction, conducted outside the closed period, represents 0.005% of the company’s securities and was made at a consideration of MYR 2.330 per share. The acquisition reflects a strategic move by the executive, potentially indicating confidence in the company’s future performance and impacting stakeholder perceptions.

More about Malaysia Smelting Corp. Bhd.

Malaysia Smelting Corporation Berhad is a company operating in the smelting industry, primarily focused on the production and trade of tin and other related products. It plays a significant role in the global tin market, providing essential materials for various industrial applications.

YTD Price Performance: -3.68%

Average Trading Volume: 17,979

Technical Sentiment Signal: Sell

Current Market Cap: S$274.6M

See more insights into NPW stock on TipRanks’ Stock Analysis page.

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