MSC NPW

Background

The Company is a public limited liability company, incorporated and domiciled
in Malaysia and is listed on the Main Market (formerly known as Main Board) of
the Bursa Malaysia Securities Berhad.
The principal activities of the Company are investment holding and the smelting
of tin concentrates and tin bearing materials, the production of various grades
of refined tin metal under the MSC brand name and the sales and delivery of
refined tin metal and by-products.
The Group operates its smelting facilities in Butterworth, Penang, Malaysia and
Bangka Island, Indonesia and engaged in alluvial tin mining operations and
mining activities in Bangka Island and Riau Islands, Indonesia.
The Group operates its main smelting and processing facility in Butterworth,
Penang, Malaysia with an annual designed smelting capacity of approximately
35,000 tonnes. Its smelting facility in Malaysia processes tin concentrates and
crude tin metal obtained from third-party suppliers. The Group also engages in
open-pit mining of tin through its wholly-owned Malaysian subsidiary, Rahman
Hydraulic Tin Sdn Bhd ("RHT"), which operates an open-pit tin mine in Klian
Intan, Hulu Perak, Malaysia, into refined tin metal products.
The Group’s Indonesian operations are primarily undertaken through its
subsidiaries, namely (a) 75.0 percent owned PT Koba Tin, (b) 99.98 percent
owned PT MSC Indonesia ("PT MSC-I") (which is a party to various co-operation
agreements with third parties to undertake mining activities) and (c) 99.0
percent owned PT SRM-I, which provides management services for the Group in
relation to the Group’s exploratory programmes to search for new onshore and
offshore tin deposits in Indonesia. In addition, PT Koba Tin operates an
onshore dredge and gravel-pump mining units and has its own smelter with an
annual designed smelting capacity of approximately 25,000 tonnes. PT Koba Tin
processes mainly tin concentrates obtained from its own mining operations as
well as from sub-contractors who undertake mining operations on the Group
behalf.
The Group produce “MSC Straits” and “Koba” branded refined tin which are
registered and traded on the Kuala Lumpur Tin Market (“KLTM”) and the London
Metal Exchange (“LME”) and marketed to end-users in the tin industry.

SGX source · Source update: 01/09/2026 08:45:30 AM (timezone not specified). Source text may be historical.