Cover Image

Should the Lion Release Its Lion Share of the Malaysian Steel Industry?

Recent developments in the multi-billion dollar Malaysian steel industry paint a gloomy picture, depicting a collage of unbalanced domestic liberalized steel sector, and unfavourable bilateral Free Trade Agreements between ASEAN and China. These developments which unfold in an environment spiked by...

Full description

Saved in:
Bibliographic Details
Main Author: Cordelia Mason
Format:
Language:English
Published: 2013
Subjects:
Steel industry
Strategic management
PEST analysis
Online Access:http://ir.unikl.edu.my/jspui/handle/123456789/5111
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.unikl.ir-5111
record_format eprints
spelling my.unikl.ir-51112013-12-04T08:08:32Z Should the Lion Release Its Lion Share of the Malaysian Steel Industry? Cordelia Mason Steel industry Strategic management PEST analysis Recent developments in the multi-billion dollar Malaysian steel industry paint a gloomy picture, depicting a collage of unbalanced domestic liberalized steel sector, and unfavourable bilateral Free Trade Agreements between ASEAN and China. These developments which unfold in an environment spiked by higher electricity tariffs, increasing price of natural gas and sub-standard products in the market pose serious threats to steel companies. Amidst this situation, Lion Industries Corporation Bhd, the biggest player in the Malaysian steel industry has indicated that it may potentially exit the cyclical steel industry to unlock value of its steel unit. Although no official agreement is in sight, the media has reported two possible interested buyers – China Boasteel and Taiwan’s Chine Steel Corp. However, the weakening economic outlook might now be a stumbling block to the deal and analysts reckoned that the conclusion of any merger and acquisition transaction would still depend on the final price tag acceptable to both parties. Would it be a strategic move for this giant company to walk out the industry door? 2013-12-04T08:08:32Z 2013-12-04T08:08:32Z 2013-12-04 http://ir.unikl.edu.my/jspui/handle/123456789/5111 en
institution Universiti Kuala Lumpur
building UniKL Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Kuala Lumpur
content_source UniKL Institutional Repository
url_provider http://ir.unikl.edu.my/
language English
topic Steel industry
Strategic management
PEST analysis
spellingShingle Steel industry
Strategic management
PEST analysis
Cordelia Mason
Should the Lion Release Its Lion Share of the Malaysian Steel Industry?
description Recent developments in the multi-billion dollar Malaysian steel industry paint a gloomy picture, depicting a collage of unbalanced domestic liberalized steel sector, and unfavourable bilateral Free Trade Agreements between ASEAN and China. These developments which unfold in an environment spiked by higher electricity tariffs, increasing price of natural gas and sub-standard products in the market pose serious threats to steel companies. Amidst this situation, Lion Industries Corporation Bhd, the biggest player in the Malaysian steel industry has indicated that it may potentially exit the cyclical steel industry to unlock value of its steel unit. Although no official agreement is in sight, the media has reported two possible interested buyers – China Boasteel and Taiwan’s Chine Steel Corp. However, the weakening economic outlook might now be a stumbling block to the deal and analysts reckoned that the conclusion of any merger and acquisition transaction would still depend on the final price tag acceptable to both parties. Would it be a strategic move for this giant company to walk out the industry door?
format
author Cordelia Mason
author_facet Cordelia Mason
author_sort Cordelia Mason
title Should the Lion Release Its Lion Share of the Malaysian Steel Industry?
title_short Should the Lion Release Its Lion Share of the Malaysian Steel Industry?
title_full Should the Lion Release Its Lion Share of the Malaysian Steel Industry?
title_fullStr Should the Lion Release Its Lion Share of the Malaysian Steel Industry?
title_full_unstemmed Should the Lion Release Its Lion Share of the Malaysian Steel Industry?
title_sort should the lion release its lion share of the malaysian steel industry?
publishDate 2013
url http://ir.unikl.edu.my/jspui/handle/123456789/5111
_version_ 1644484680253177856
score 13.222552

Similar Items