Analysis: Positive on OMH’s pare down in China smelter
KUCHING: Kenanga Investment Bank Bhd (Kenanga Research) is positive on OM Holdings Ltd’a (OMH) latest move to pare down its stake in its smelter in China by 90 per cent for RM119 million, as the smelter has been idle for almost two years. The new shareholder will inject capital to restart the unit’s operation while [...]
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