Malaysia Smelting Corp faces tin production disruption from gas supply issues, but expects no major impact on FY2025 earnings
07 Apr 2025, 06:11 pm
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KUALA LUMPUR (April 7): Malaysia Smelting Corporation Bhd (KL:MSC) announced on Monday that tin metal production at its Port Klang smelter has been disrupted following interrupted gas supply, because of the gas pipeline explosion in Putra Heights. 

The company said the gas supply disruption has affected its operations, but the financial impact is still unclear, and is not expected to significantly affect earnings for the financial year ending Dec 31, 2025 (FY2025).

“Malaysia Smelting Corp recognises the challenges currently faced by its gas supplier, due to the uncertainty surrounding the resumption of operations,” the company said in a filing with Bursa Malaysia.

The company added that it remains committed to engaging with the relevant stakeholders, such as the gas supplier and authorities, while actively working towards minimising the effects of the disruption. 

Shares of Malaysia Smelting Corp closed 32 sen or 12.5% lower at RM2.24 on Monday — the lowest in a month — giving the group a market capitalisation of RM1.08 billion.

Gas Malaysia Bhd (KL:GASMSIA) has announced additional areas, including Merbau, Tronoh, Perai, Junjung, and Hutan Melintang, which will experience gas supply curtailments due to ongoing operational issues following the April 1 gas pipeline explosion. 

These disruptions are in addition to those already affecting Shah Alam, Kundang, Petaling Jaya, Teluk Panglima Garang, Pelabuhan Klang, and Pulau Indah, with cuts expected to continue until April 20.

Edited ByPresenna Nambiar
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