KUALA LUMPUR (Sept 20): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Sept 21) could include: Press Metal, Dagang NeXchange, KESM, CLIQ and Ekovest. Press Metal Bhd is teaming up with China-based Sunstone Development Co Ltd to jointly invest in a joint venture company (JVCo) to be incorporated in China. The JVCo shall be known as Shandong Sunstone & PMB Carbon Ltd, and Press Metal will hold a 20% stake with the remainder to be controlled by Sunstone Development. Press Metal said the JVCo shall principally engage in the manufacturing of pre-baked carbon anodes, which will be supplied to Press Metal's units, Press Metal Sarawak Sdn Bhd and Press Metal Bintulu Sdn Bhd, its bourse filing revealed. The two-year extension, which starts from Sept 25 this year and ends on Sept 24, 2018, was secured via its wholly-owned subsidiary Dagang Net Technologies Sdn Bhd.

Source: The Edge Markets September 20, 2016 14:48 UTC