Sslee

Sslee | Joined since 2016-08-31

Investing Experience Beginner
Risk Profile Moderate

Emotional Introvert Most defining characteristics: You are sensitive, melancholic and a perfectionist. You are a very emotional, caring and dedicated person. You believe that there is a bigger picture in life, one that we can’t really see, but we can feel. You are very compassionate, strong minded

Followers

80

Following

0

Blog Posts

236

Threads

6,271

Blogs

Threads

Portfolio

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Following

Summary
Total comments
6,271
Past 30 days
299
Past 7 days
42
Today
9

User Comments
News & Blogs

2023-06-17 17:31 | Report Abuse

This iscwhat I wrote:

I now urge i3Admin to do what is right for this respectful i3investor community by taking action on Mikecyc and his many ID before i3investor forum descending into a playfield for cyber sexual harassment abuser and abuser of free speech/opinion

Falling to take action will leave me with no choice but leaving this beloved i3investor for good as I do not wish to be associated with forum that tolerates cyber sexual harassment. May I suggest I3Admin should report this sick man to MCMC for abuse of cyber sexual harassment as he belongs to jail or mental health institute and not in i3investor respectful community.

News & Blogs

2023-06-17 17:27 | Report Abuse

What do you mean by Mike is back and I honour my word to leave the website as I posted?
When and where did I post that?

If you challenge me side bet Insas Vs PA I will readily accept your challenge and at the end of the competition on 13/12/2024 when I publish the final tabulation on the above competition on my blog and I lose to you I will leave i3investor gratefully with no regret.

News & Blogs

2023-06-17 15:58 | Report Abuse

As at now update:
Number: Contester ID: Stock picked: Price at 15/6/2023
1: Professor 3iii: PBB: RM 3.85
2. Sslee : INSAS: RM 0.835
3; qqq47660 : DNEX: RM 0.52
4: Income : TOMEI: RM 1.08
5: calvintaneng : JAYA TIASA: RM 0.645
6: STony: CAPITALA: RM 0.80
7: speakup: CMSB: RM 1.06
8: UlarSawa: AYS: RM 0.375
9. Mikecyc: PA: RM 0.265
10: Felix888: ARMADA: RM 0.440

Side Bet:
1: UlarSawa vs Mikecyc
If UlarSawa win then Mike need to apology to UlarSawa and invite UlarSawa to be his BFF
If Mike win then UlarSawa has to say sorry and call Mike SIFU and not Mike Tikus.

2: Felix888 Vs BobAxelrod
Sapura E hit 0.07 within 9 months since the latest RO extension date.

News & Blogs

2023-06-17 14:09 | Report Abuse

Stockraider keep on missing from i3forum. If you happen to see him in any forum please do me a favor to invite him to this competition.

News & Blogs

2023-06-17 13:39 | Report Abuse

I did make a complaint to i3Admin on Mike improper behavior and urge i3Admin to take action.
So it is now up to i3Admin to enforce i3 house rule and I do not have any further say on i3 Admin action.

I quote Mickecy’s below recent repeatedly posting which to me is the last straw that broke the camel’s back on indecency and my tolerance on abuse of free speech/opinion” unquote

I was surprised i3Admin did take action on Mikecyc speedily.
But unfortunately Mikecy didn't think he has done nothing wrong and continues with his bad behavior:

News & Blogs

2023-06-17 13:15 | Report Abuse

UlarSawa and Mike,
Please entry your favorite stock entry cost as at 15/06/2023 for a gentleman competition.

If UlarSawa win then Mike need to apology to UlarSawa and invite UlarSawa to be his BFF

If Mike win then UlarSawa has to say sorry and call Mike SIFU and not Mike🐁 .

OK boh.

Stock

2023-06-17 12:43 | Report Abuse

You are welcome

News & Blogs

2023-06-17 12:41 | Report Abuse

Just write down your stock pick in this comment and I will update your stck pick to the blog.

News & Blogs

2023-06-17 12:19 | Report Abuse

Since no one know each other entry price example 3iiiPBB entry price 30 years ago.

So to be fair to all the competitors rule of the competition is using their favorite stock entry price as at 15/6/2023 to compete for 6 months, 12 months and 18 months ROI.

News & Blogs

2023-06-17 09:45 | Report Abuse

Eagerly waiting to see how Calvintaneng Jaya Tiasa and 3iii PBB perform aganist each other.

News & Blogs

2023-06-17 09:27 | Report Abuse

Will reserve CapitalA for STony.

News & Blogs

2023-06-17 09:10 | Report Abuse

Calvintaneng already agree to put his stock Jaya Tiasa for the contest.

Posted by calvintaneng > Jun 16, 2023 9:06 PM | Report Abuse
SSLee

18 months is just too short a time for Tsh

Basically Tsh's Gold mine assets are its 94,700 Acres of precious lands in Nusantara the New Capital of Indonesia. And Rome was not built in a day

I suggest you put Jaya Tiasa instead for so short term like only 18 short months ok.

News & Blogs

2023-06-17 08:55 | Report Abuse

Indeed this is group contest but you can challenge your openent 1 to 1 on side bet with the pairing.

Posted by Felix888 > Jun 17, 2023 8:47 AM | Report Abuse

This is like a group fight. Not 1 to 1

News & Blogs

2023-06-17 07:28 | Report Abuse

Repost:
Posted by Sslee > Jun 17, 2023 7:23 AM | Report Abuse X

Cordially invite i3lurker the most blunt and controversial i3commentator who often insults, wisecracks and trash talk other people stock to Sslee 6 months, 12 months, 18 months ROI contest just for the fun of it.

Stock

2023-06-17 07:23 | Report Abuse

Cordially invite i3lurker the most blunt and controversial i3commentator who often insults, wisecracks and trash talk other people stock to Sslee 6 months, 12 months, 18 months ROI contest just for the fun of it.

https://klse.i3investor.com/servlets/forum/608595869.jsp

News & Blogs

2023-06-17 06:58 | Report Abuse

UlarSawar,
Thank you for promoting this blog, it now on the TOP ARTICCLE list.
Would you also pick a stock for above contest just for the fun of it?

News & Blogs

2023-06-17 06:45 | Report Abuse

Mike and Bull can we resolve our past enmity by me inviting your stock choice CapitalA into above friendly, fair/fun contest?

Stock

2023-06-16 19:27 | Report Abuse

Posted by Sslee > Jun 16, 2023 7:23 PM | Report Abuse X

Calling UlarSawa,
You need to come to Sslee blog and promote this blog so that more people can resolve their dispute peace fully

Stock

2023-06-16 19:25 | Report Abuse

Posted by Sslee > Jun 16, 2023 7:23 PM | Report Abuse X

Calling UlarSawa,
You need to come to Sslee blog and promote this blog so that more people can resolve their dispute peace fully

News & Blogs

2023-06-16 19:23 | Report Abuse

Calling UlarSawa,
You need to come to this blog and promote this blog so that more people can resolve their dispute peace fully

News & Blogs

2023-06-16 19:21 | Report Abuse

DO you want me to copy and paste my Xingquan holding from my CDS account?

News & Blogs

2023-06-16 19:05 | Report Abuse

I do not have any hatred in my heart and I even forgive myself of my own mistake in lossing money in Xingquan.

So there is not hard feelings as I welcome all to post their diverse investment opinions/views/idea to benefit all.

Case in point: me and qqq3

News & Blogs

2023-06-16 18:56 | Report Abuse

Repost on timing and monitoring

Jun 16, 2023 4:30 PM | Report Abuse

https://tradingeconomics.com/commodities

You just need to monitor above link on commodities price trend of Methanol, Urea, Polyethylene, Polypropylene and Polyvinyl to know a very bad quarterly earning is coming

News & Blogs

2023-06-16 18:55 | Report Abuse

Dear3iii,
You are a very lucky man having spare saving to invest in stock market during the early year where Malaysia economy is growing at a faster pact. Thus you way of holdng good company stock for decade (never sold) is right because your cost is very low.

I am not so lucky as I spend my fist 30 years of my working life to advance my carrer so that I can have a Family, a House, two cars and giving my 3 children the best education they can have.

Only during this past 6-7 years where I have spare saving to invest in stock matket as the FD rate is very low.

My fist mistake is believing Bursa, SC, External auditor, independant directors are there to protect minority shareholders rights and I lose some sum in Xingquan.

Since then my priority on stock investment is to be save (value trap) and earned dividend more than FD rate and hopefully share price appreciation. This is how I end up with Insas 50% of my portfolio.

I am working hard during Insas AGM to know the BOD, management team, business direction and to get a better dividend.

I do not understand why you and Philip keep talking bad about Insas BOD, Management, Business when you had not even attend any Insas AGM and get to know the BOD and Management team while I have. (I can only speculate both of mean good and care for my wellfare).

My only objection to your both hold (good company) and never sell cannot be universally applie in current Malaysia stock market. I am trying to suggest you need to minitor you stock closely based on supply (new competitors) and demand economic/war/pandamic that will surely be a important factor in the share price movement.

Hence timing of purchase and sell is very relavant and important in current market.

Point in case: If Philip had sold his Pchem at RM10 and then time his repuchase opportunity, he will at a higher level thinking and doing very well. Instead of hold long long.

By the way since UlarSawa suggest your PBB vs my Insas in this friendly and fair/fun contest I just accepted his invitation.

If you wish to withdraw, you need to get UlarSawa consent.

Thank you

Stock

2023-06-16 16:30 | Report Abuse

https://tradingeconomics.com/commodities

You just need to monitor above link on commodities price trend of Methanol, Urea, Polyethylene, Polypropylene and Polyvinyl to know a very bad quarterly earning is coming.

Stock

2023-06-16 16:10 | Report Abuse

Dear MR. MANOJ DEVADASAN
General Counsel / Company Secretary / Manager-Human Resources/Compliance Officer

Thank you very much for your quick response to my email and I appreciate it a lot.

I understand and value your principle of equal dissemination of information and access of information to all Petronm’s shareholder thus I will be eagerly waiting to read “ALL questions including those asked at the AGM so that all shareholders (those who attended or otherwise) will have a fuller picture of all the interesting discussions we had, including eg. questions on EV vehicles and possible challenges to our industry in the future etc” when it is published on Petronm website

Thank you
Wishing you a happy and enjoyable weekend

Best Regards
Lee Soon Sheng

Stock

2023-06-16 15:41 | Report Abuse

Dear Mr Lee,

I am indeed sorry we could not meet you in person yesterday. But we fully understand that your work commitments would have made it a challenge for you have attended in person.

I nevertheless met your friend at the AGM and informed him that we will be addressing your questions.

As mentioned at the AGM as we had several questions of a similar nature sent in in advance, we grouped those under similar topics (in the interest of time management at the AGM to also allow for questions from the Floor).

In regard the Summary of proceedings (and the questions and answers), we plan on having the same published on our website per the CG Code requirements.

In regard your request, it might be better if we provide our responses to ALL questions including those asked at the AGM so that all shareholders (those who attended or otherwise) will have a fuller picture of all the interesting discussions we had, including eg. questions on EV vehicles and possible challenges to our industry in the future etc. So your kind indulgence to wait a little would be appreciated Sir.

Again, thank you for your continued strong support and your (clearly passionate) interest in Petron Malaysia. I will give you a heads up when the Summary is published on our website.

Thank you.

Best regards, Manoj

Stock

2023-06-16 15:40 | Report Abuse

Dear MR. MANOJ DEVADASAN
General Counsel / Company Secretary / Manager-Human Resources/Compliance Officer

My profound apology for not been able to attend the Petronm’s 64th AGM yesterday to personally thanks BOD and Management team for a job well done in making another profitable year 2022 with increased EPS of 111.3 cents (FY 2022) Vs 88.3 cents (FY2021) and reward shareholders with increase dividend of 25 cents (FY2022) Vs 20 cents (FY 2021)

My absence is due to my work commitment in preparation for FSSC 2200 Recertification by SGS Thailand Auditors.

Once again my thousands of apologies and my well wishes that the AGM yesterday went well as planned.

I am writing in this letter to request if it is possible for you to email me answers to my submitted in advance Petronm’s 64th AGM questions?

Or I will need to wait for Petronm to publish Petronm’s 64th AGM Key matters discussed at Petronm website?

Thank you
Have a good day

Best Regards
Lee Soon Sheng

News & Blogs

2023-06-16 15:24 | Report Abuse

https://klse.i3investor.com/blogs/Sslee_blog/2023-06-16-story-h-267781246-6_months_12_months_and_18_months_ROI_contest.jsp

Dear Calvintaneng do you mind I put up your name: stock TSH in the above competition so that your detractors can put up their choice of stock to challenge you?

Stock

2023-06-16 14:42 | Report Abuse

https://klse.i3investor.com/blogs/Sslee_blog/2023-06-16-story-h-267781246-6_months_12_months_and_18_months_ROI_contest.jsp

For those keep quarrel non stop. You are invited to a friendly and fair competition to settle your quarrel once and for all

General
News & Blogs

2023-06-16 09:45 | Report Abuse

I would like to see i3lurker and Philip stock picked for this contest.
The last time picked of i3lurker Gdex vs Philip Star media should not be counted as i knew i3lurker is trying to be funny/sarcastic with his Gdex picked

News & Blogs

2023-06-16 09:20 | Report Abuse

UlarSawa for your follow up action

Stock

2023-06-15 20:16 | Report Abuse

Senior Income are welcome to join in the contest with his choice of share.

Stock

2023-06-15 20:13 | Report Abuse

Ularsawa in that case I have nothing to lose (no real money) but Prof3iii will lose his reputation if his PBB lose to my Insas.

So please set the contest 6 months, 12 months and 18 months ROI PBB vs Insas using today date and price.

Stock

2023-06-15 19:38 | Report Abuse

This is to proof Philip and Prof3iii are wrong in telling people buy good company share and keep long long in the safe.

In order to out perform the market you need to monitor the company products pricing and timing your buy and sell.

Stock

2023-06-15 19:28 | Report Abuse

The timing is condition upon buy Pchem at the same day buy PBB price.
And set up the portfolio in I3.

Since Prof3iii keep telling people buy good company share and keep long long in the fixed deposit. I argue timing is everything thus I will be allowed to buy and sell my PChem as long as I update my buy and sell detail into the portfolio.

Stock

2023-06-15 19:04 | Report Abuse

qqq3
What I mean when the time is right I will spend RM50K to purchase each worth of Pchem and PBB.

I will then create portfolio like philip portfolio and name it Prof 3iii PBB vs Sslee Pchem 1 year, 2 years and 3 years ROI

Stock

2023-06-15 18:45 | Report Abuse

Thank you UlarSawa,
But the current timing is not right yet and I will choice Pchem Vs PBB

Philip mention before he sold all his father in law PBB to buy Pchem.
So I will wait for the next two quaters of very bad result to collect Pchem cheap cheap hopefully below Philip cost.

I will then show my same day purchase Pchem cost and PBB cost and monitor the 1 year, 2 years and 3 years ROI

Winner is the one winning 2 out of the 3 year ROI

Stock

2023-06-15 17:39 | Report Abuse

Repost ffom Petronm forum

(June 15): Boustead Holdings Bhd. is considering divesting its gas stations in Malaysia and is seeking as much as RM2 billion, according to people with knowledge of the matter.

So how much the Petronm retail petrol service stations worth?

Any good news from today Petronm AGM?

Stock

2023-06-15 17:00 | Report Abuse

(June 15): Boustead Holdings Bhd. is considering divesting its gas stations in Malaysia and is seeking as much as RM2 billion, according to people with knowledge of the matter.

So how much the Petronm retail petrol service stations worth?

Any good news from today Petronm AGM?

Timeout

2023-06-15 09:22 | Report Abuse

Dear 3iii,
I will also bring out your concerns on Escort services spam post to i3admin this weekend

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥
11589 posts
Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > Jun 15, 2023 9:11 AM | Report Abuse

Many of these spam posts recently in this forum. Hoping our admin will look into this. Thanks.

Timeout

2023-06-15 09:15 | Report Abuse

Repost:

@Mikecyc
Johnchew5 Hoho see the one said will leave .. still thick thick skin ???
14/06/2023 9:44 AM

KenLee60 Stock: [ARMADA]: BUMI ARMADA BERHAD
9 hours ago | Report Abuse
Hoho is Konartist le is leaving?
15/06/2023 2:48 AM

Johnchew5 Hoho thanks to Lee for issued this Blog .. more konn , actor n blower are here n to be exposed… hahahaha
15/06/2023 5:19 AM

Johnchew5
2023-06-15 05:04:48
Hoho wow Mike vs so many konn in different forums at same time , being abused then retaliated easily get flag report until suspended. Recalled Callvin 3rd Jail is due to doing promotion of a Stock in over 20 forums … I don’t even had a chance to see the post oredi being flag report to post removed n being Suspended. So desperate loh , Win or Lose ? Manpower is a critical factor , better not same name in all the debating forums … Haha n Hoho team manpower Shl be increasing loh … hohohoho Since the kunn seems grouping

Mikecyc please stop it. I know you are the same coward hiding behind your above multiple ID to harass and mocking me in my blog and even mocking i3Admin Terms and Conditions of Use and Community Standard.

Posted by Johnchew5 > Jun 14, 2023 12:00 PM | Report Abuse
Hoho sslleee what is suspended and banned ???

I respect i3investor house rule on suspension for an offender/abuser
Mikecys: Due to repeated abuse posts, this account has been suspended from posting to the i3investor portal until 08/08/2023. Please refer to the Terms and Conditions of Use and Community Standards of this portal

Suspension is a cool off period for offender/abuser to do self-reflection and repent (your abusive twist and turn other i3commentators word into insult and cyber sexual harassment)

Some offender/abuser did reflect and repent and return as a useful contributor to i3community or enjoying lepak/chit chat/friendly banter (teasing/joking) with many friends in i3community.

But sadly Mikecyc you do not have the capacity for self-reflection and repent, hence I will write a letter to I3Admin this weekend on the need to amend i3investor house rule on those repeat/un-repented offender/abuser from using multiple ID to continues abusing/mocking i3investor Terms and Conditions of Use and Community Standards

News & Blogs

2023-06-15 08:59 | Report Abuse

Repost:

@Mikecyc
Johnchew5 Hoho see the one said will leave .. still thick thick skin ???
14/06/2023 9:44 AM

KenLee60 Stock: [ARMADA]: BUMI ARMADA BERHAD
9 hours ago | Report Abuse
Hoho is Konartist le is leaving?
15/06/2023 2:48 AM

Johnchew5 Hoho thanks to Lee for issued this Blog .. more konn , actor n blower are here n to be exposed… hahahaha
15/06/2023 5:19 AM

Johnchew5
2023-06-15 05:04:48
Hoho wow Mike vs so many konn in different forums at same time , being abused then retaliated easily get flag report until suspended. Recalled Callvin 3rd Jail is due to doing promotion of a Stock in over 20 forums … I don’t even had a chance to see the post oredi being flag report to post removed n being Suspended. So desperate loh , Win or Lose ? Manpower is a critical factor , better not same name in all the debating forums … Haha n Hoho team manpower Shl be increasing loh … hohohoho Since the kunn seems grouping

Mikecyc please stop it. I know you are the same coward hiding behind your above multiple ID to harass and mocking me in my blog and even mocking i3Admin Terms and Conditions of Use and Community Standard.

Posted by Johnchew5 > Jun 14, 2023 12:00 PM | Report Abuse
Hoho sslleee what is suspended and banned ???

I respect i3investor house rule on suspension for an offender/abuser
Mikecys: Due to repeated abuse posts, this account has been suspended from posting to the i3investor portal until 08/08/2023. Please refer to the Terms and Conditions of Use and Community Standards of this portal

Suspension is a cool off period for offender/abuser to do self-reflection and repent (your abusive twist and turn other i3commentators word into insult and cyber sexual harassment)

Some offender/abuser did reflect and repent and return as a useful contributor to i3community or enjoying lepak/chit chat/friendly banter (teasing/joking) with many friends in i3community.

But sadly Mikecyc you do not have the capacity for self-reflection and repent, hence I will write a letter to I3Admin this weekend on the need to amend i3investor house rule on those repeat/un-repented offender/abuser from using multiple ID to continues abusing/mocking i3investor Terms and Conditions of Use and Community Standards

Stock

2023-06-15 08:49 | Report Abuse

Repost:

@Mikecyc
Johnchew5 Hoho see the one said will leave .. still thick thick skin ???
14/06/2023 9:44 AM

KenLee60 Stock: [ARMADA]: BUMI ARMADA BERHAD
9 hours ago | Report Abuse
Hoho is Konartist le is leaving?
15/06/2023 2:48 AM

Johnchew5 Hoho thanks to Lee for issued this Blog .. more konn , actor n blower are here n to be exposed… hahahaha
15/06/2023 5:19 AM

Johnchew5
2023-06-15 05:04:48
Hoho wow Mike vs so many konn in different forums at same time , being abused then retaliated easily get flag report until suspended. Recalled Callvin 3rd Jail is due to doing promotion of a Stock in over 20 forums … I don’t even had a chance to see the post oredi being flag report to post removed n being Suspended. So desperate loh , Win or Lose ? Manpower is a critical factor , better not same name in all the debating forums … Haha n Hoho team manpower Shl be increasing loh … hohohoho Since the kunn seems grouping

Mikecyc please stop it. I know you are the same coward hiding behind your above multiple ID to harass and mocking me in my blog and even mocking i3Admin Terms and Conditions of Use and Community Standard.

Posted by Johnchew5 > Jun 14, 2023 12:00 PM | Report Abuse
Hoho sslleee what is suspended and banned ???

I respect i3investor house rule on suspension for an offender/abuser
Mikecys: Due to repeated abuse posts, this account has been suspended from posting to the i3investor portal until 08/08/2023. Please refer to the Terms and Conditions of Use and Community Standards of this portal

Suspension is a cool off period for offender/abuser to do self-reflection and repent (your abusive twist and turn other i3commentators word into insult and cyber sexual harassment)

Some offender/abuser did reflect and repent and return as a useful contributor to i3community or enjoying lepak/chit chat/friendly banter (teasing/joking) with many friends in i3community.

But sadly Mikecyc you do not have the capacity for self-reflection and repent, hence I will write a letter to I3Admin this weekend on the need to amend i3investor house rule on those repeat/un-repented offender/abuser from using multiple ID to continues abusing/mocking i3investor Terms and Conditions of Use and Community Standards

News & Blogs

2023-06-15 06:57 | Report Abuse

@Mikecyc

Johnchew5 Hoho see the one said will leave .. still thick thick skin ???
14/06/2023 9:44 AM

KenLee60 Stock: [ARMADA]: BUMI ARMADA BERHAD
9 hours ago | Report Abuse
Hoho is Konartist le is leaving?
15/06/2023 2:48 AM

Johnchew5 Hoho thanks to Lee for issued this Blog .. more konn , actor n blower are here n to be exposed… hahahaha
15/06/2023 5:19 AM

Johnchew5
2023-06-15 05:04:48
Hoho wow Mike vs so many konn in different forums at same time , being abused then retaliated easily get flag report until suspended. Recalled Callvin 3rd Jail is due to doing promotion of a Stock in over 20 forums … I don’t even had a chance to see the post oredi being flag report to post removed n being Suspended. So desperate loh , Win or Lose ? Manpower is a critical factor , better not same name in all the debating forums … Haha n Hoho team manpower Shl be increasing loh … hohohoho Since the kunn seems grouping

Mikecyc please stop it. I know you are the same coward hiding behind your above multiple ID to harass and mocking me in my blog and even mocking i3Admin Terms and Conditions of Use and Community Standard.

Posted by Johnchew5 > Jun 14, 2023 12:00 PM | Report Abuse
Hoho sslleee what is suspended and banned ???

I respect i3investor house rule on suspension for an offender/abuser
Mikecys: Due to repeated abuse posts, this account has been suspended from posting to the i3investor portal until 08/08/2023. Please refer to the Terms and Conditions of Use and Community Standards of this portal

Suspension is a cool off period for offender/abuser to do self-reflection and repent (your abusive twist and turn other i3commentators word into insult and cyber sexual harassment) Some offender/abuser did reflect and repent and return as a useful contributor to i3community or enjoying lepak/chit chat/friendly banter (teasing/joking) with many friends in i3community. But sadly Mikecyc you do not have the capacity for self-reflection and repent, hence I will write a letter to I3Admin this weekend on the need to amend i3investor house rule on those repeat/un-repent offender/abuser from using multiple ID to continues abusing/mocking i3investor Terms and Conditions of Use and Community Standards

Stock

2023-06-14 14:10 | Report Abuse

https://businessanalytiq.com/procurementanalytics/index/maleic-anhydride-price-index/

Petronas Chemicals Group Bhd (PetChem) said it had reached a final investment decision (FID) to acquire a maleic anhydride (MAn) plant in Gebeng, Kuantan from its 40% owned unit BASF Petronas Chemicals Sdn Bhd (BPC) for an undisclosed sum. The FID is targeted to be ready by the second half of 2025. PetChem signed an agreement with BPC previously for the acquisition of the 113-kilotonne-per-annum plant, with plans to repurpose and upgrade the facility to produce MAn for the food and pharmaceutical industries. MAn is produced for applications in coatings and polymers, and mainly used in production of unsaturated polyester resins, paints, and food flavouring.