Malaysia Steel Works (Kl) Bhd

Major overhang removed for Malaysian #Steel industry? Contrast with most building material prices that has risen substantially over the recent years.

Just on-top of my head, $MASTEEL / 5098 (MALAYSIA STEEL WORKS (KL) BHD), $HIAPTEK / 5072 (HIAP TECK VENTURE BERHAD), $SSTEEL / 5665 (SOUTHERN STEEL BERHAD) and $LEONFB / 5232 (LEON FUAT BERHAD) has growth and/or special-situation factors in play.

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - TYY RESOURCES SDN. BHD.

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - DATO' SRI TAI HEAN LENG @ TEK HEAN LENG

Changes in Director's Interest (Section 219 of CA 2016) - DATO' SRI TAI HEAN LENG @ TEK HEAN LENG

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Dealings During Closed Period

Change in Boardroom - DATO' SRI TAI HEAN LENG @ TEK HEAN LENG

General Meetings: Outcome of Meeting

Titan Trading Notes For Friday [18/6/2024]:

$KLSE-KLCI retraced briefly back towards the 1607 points region with an overall negative market sentiment as we saw over 670 counters closing red for the day along with it. Daily trading volume however remained at a healthy level of around 5.6 billion.

Main stocks that showed strong buying momentum would be the likes of DFX, SNS, HIAPTEK, CABNET, TIFCAMSC, SUNVIEW, VINVEST, AZRB, SCOPE, YTL, NOTION, and MASTEEL. All of which were able to sustain their rallies throughout the day on the top volumes list despite the weak market sentiment.

$IFCAMSC / 0023 (IFCA MSC BERHAD) definitely one of the strongest performer over the past week here since breaking out from its RM 0.60+ major resistance levels, rallied all the way towards the RM 0.78 regions with huge volume and buying momentum.

For now still looking very strong and not showing any signs of weakness here yet. As long as able to hold above its RM 0.70+ immediate support, could continue on towards and beyond the RM 0.78 major resistance levels for an uptrend continuation pattern.

Definitely one of the best performers for the E-invoice theme here and will be monitoring IFCAMSC closely.

$MASTEEL / 5098 (MALAYSIA STEEL WORKS (KL) BHD) also performed quite well here since breaking out from its RM 0.335+ main downtrend resistance levels over the past 2 weeks, had been able to sustain well above it and broke out towards the RM 0.38 regions on Friday with good volume and buying momentum.

For now looking quite ripe for a brand new uptrend here and as long as able to hold above its RM 0.36+ immediate support level, could continue on towards and beyond the RM 0.38 - RM 0.40+ regions for an uptrend continuation pattern.

Will be monitoring MASTEEL closely here to see how far it can go.

$NOTION / 0083 (NOTION VTEC BERHAD) was definitely one of the better performers for us last week as it managed to breakout all the way towards the RM 1.83 regions with huge volume and buying momentum, once again forming a new local high region here.

Still looking very strong here and as long as able to sustain above its RM 1.70+ immediate support levels in the short term, could continue strongly on this uptrend towards and beyond the RM 1.83+ regions in the coming weeks.

Titan Weekend Chart Reviews

$MASTEEL / 5098 (MALAYSIA STEEL WORKS (KL) BHD)

Had a good breakout from its RM 0.335+ main downtrend resistance with good volume here last week and had been trending up well.

For now as long as able to hold above its RM 0.345+ immediate support, could continue on towards and beyond the RM 0.38 - RM 0.40+ major resistance levels.

Support: RM 0.36, RM 0.345 areas
Resistance: RM 0.38, RM 0.40, RM 0.42 areas

OTHERSMALAYSIA STEEL WORKS (KL) BHD ("Masteel" or "Company") - Press Release: Masteel 1Q24 net profit soars 382% to RM3.1 million as construction sector accelerates

Quarterly rpt on consolidated results for the financial period ended 31/03/2024

Annual Report & CG Report - 2023

STATEMENT TO SHAREHOLDERS IN RELATION TO PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN ORDINARY SHARES

General Meetings: Notice of Meeting

OTHERSMALAYSIA STEEL WORKS (KL) BHD ("Masteel" or "Company") - PROPOSED RENEWAL OF AUTHORITY FOR THE COMPANY TO PURCHASE ITS OWN ORDINARY SHARES OF UP TO TEN PER CENTUM (10%) OF ITS TOTAL NUMBER OF ISSUED SHARES

$MASTEEL / 5098 (MALAYSIA STEEL WORKS (KL) BHD)

KUALA LUMPUR: Malaysia Steel Works (KL) Bhd (Masteel) has appointed Datuk Syed Mohamed Syed Ibrahim as chairman of the board effective March 1.

© New Straits Times Press (M) Bhd

Notice of Person Ceasing (Section 139 of CA 2016) - DATIN NG PIK LIAN

Change in Boardroom - DATUK SYED MOHAMED BIN SYED IBRAHIM (Amended Announcement)

Change in Boardroom - PUAN ROSDELIMA BINTI MOHD ALI JAAFAR

Change in Nomination Committee - PUAN ROSDELIMA BINTI MOHD ALI JAAFAR

Change in Audit Committee - PUAN ROSDELIMA BINTI MOHD ALI JAAFAR

Change in Remuneration Committee - PUAN ROSDELIMA BINTI MOHD ALI JAAFAR

Change in Risk Committee - PUAN ROSDELIMA BINTI MOHD ALI JAAFAR

Change in Boardroom - ENCIK WAN MOHD FIRDAUS BIN WAN MOHD FUAAD

Change in Audit Committee - ENCIK WAN MOHD FIRDAUS BIN WAN MOHD FUAAD

Change in Nomination Committee - ENCIK WAN MOHD FIRDAUS BIN WAN MOHD FUAAD

Change in Risk Committee - ENCIK WAN MOHD FIRDAUS BIN WAN MOHD FUAAD

Change in Remuneration Committee - ENCIK WAN MOHD FIRDAUS BIN WAN MOHD FUAAD

Change in Boardroom - DATUK SYED MOHAMED BIN SYED IBRAHIM