SINGAPORE (Feb 5): There is just no pleasing some investors. Shares in China-based steelmaker Delong Holdings have enjoyed a stellar run over the past year, rising from 30 cents at the beginning of 2017 to $3.78 currently. They traded as high as $4.23 in October. Yet, a group of minority shareholders has bemoaned Delong’s market valuation versus those of other steel producers in the region, and demanded that the company do something about it.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $4.99/month

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia

SUBSCRIBE NOW