March 23, 2017 3:18 AM ET

Metals and Mining

Company Overview of Perwaja Steel Sdn. Bhd.

Company Overview

Perwaja Steel Sdn. Bhd. manufactures and sells iron and steel products in Malaysia. The company’s products include billets, direct reduced iron, beam blanks, blooms, deformed bars, wire rods, drawn wire, and nails for domestic and international market. It offers semifinished and finished steel products for local and international distribution. The company was formerly known as Perwaja Terengganu Sdn Bhd and changed its name to Perwaja Steel Sdn. Bhd. in 1989. Perwaja Steel Sdn. Bhd. was founded in 1982 and is based in Kuala Lumpur, Malaysia. Perwaja Steel Sdn. Bhd. operates as a subsidiary of Perwaja Holdings Bhd.

Level 31 Maju Tower

1001 Jalan Sultan Ismail

Kuala Lumpur,  50250

Malaysia

Founded in 1982

Phone:

60 3 2772 8988

Fax:

60 3 2772 8973

Key Executives for Perwaja Steel Sdn. Bhd.

Chief Executive Officer
Age: 44
Compensation as of Fiscal Year 2016.

Perwaja Steel Sdn. Bhd. Key Developments

Lonpac Insurance Berhad Serves Writ of Summons to Kinsteel Bhd, Perfect Channel Sdn. Bhd and Perwaja Steel Sdn. Bhd

The board of directors of Kinsteel Bhd announced that the company, Perfect Channel Sdn Bhd and Perwaja Steel Sdn Bhd had on 18 September 2015 been served with a Writ of Summons and Statement of Claims dated 4 September 2015 filed by Lonpac Insurance Berhad through its solicitors Messrs Azim, Tunku Farik & Wong against the Defendants. The Plaintiff is claiming for its outstanding insurance premium for insurance coverage period between 15 January 2014 to 25 May 2014. The amount claimed for includes: The outstanding insurance premium amounting to MYR 2,722,767.04; Interest calculated on the sum of MYR 2,722,767.04 at the rate of 8% per annum from 30 September 2014 to the date of full payment; Costs of this action; and Such further and/or other relief as the Court deems fit. The case had been fixed for case management at the Kuala Lumpur High Court on 12 October 2015.

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