Mycron Steel Berhad
Mycron Steel Berhad (KUL:MYCRON) is a Malaysia-based investment holding company engaged in the provision of management services to its subsidiaries. The Company is engaged in the manufacturing and trading of cold-rolled steel sheets in coils. The Company operates in Malaysia. The Company is a subsidiary company of Melewar Industrial Group Berhad. The Company’s subsidiaries include Mycron Steel CRC Sdn Bhd and Silver Victory Sdn Bhd.
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Asian markets rallied Wednesday led by resources shares. Japan's Nikkei surged 2.7 per cent while Japanese exporters were helped by the weaker yen. Hong Kong market rose 1.3 per cent led by Chinese banks, as investors digested the Chinese government's decision before the Lunar New Year holiday to increase bank reserve requirement. Singapore also resumed trading on Wednesday and posted a 1.3 per cent gain. Today Shanghai and Taiwan markets remained closed.
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