The Board of Directors of Press Metal is pleased
to announce that the Company has on 19 November 2014 executed a
Term Sheet with Syarikat Sesco Berhad,
a wholly-owned subsidiary of Sarawak Energy Berhad, for the supply of
additional 500MW of electricity for the proposed Phase III expansion of its
aluminium smelter, which will be located next to
its existing smelter in Samalaju Industrial Park, Sarawak.
Please refer to the attached file for details of
the announcement.
This announcement is dated 19 November 2014.