Press Metal Aluminium Holdings Berhad, founded in 1986 and headquartered in Selangor, Malaysia, is a leading manufacturer and supplier of aluminium products. The company specializes in the production of billets, extrusions, and value-added aluminium products, catering to a diverse range of industries including construction, automotive, and consumer goods.
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Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inaugural bond issuance in 2014, Press Metal has strategically tapped the bond market to finance its expansion initiatives, successfully issuing a RM1 billion Sukuk in 2019 to bolster its operational capabilities. The company's bonds have generally offered competitive yields compared to industry peers, reflecting investor confidence amidst a robust growth trajectory. Notably, in 2023, Press Metal announced a bond refinancing initiative aimed at extending maturities, marking a significant step in its capital strategy and showcasing its commitment to maintaining a strong financial position.