• Collaboration with Kelington and UTAR to develop new carbon capture technology
• Petaling Jaya, Malaysia, 6 May 2025 – Malaysia Steel Works (KL) Bhd (Masteel; the Group; 马来西亚钢厂（吉隆坡）有限公司; Bloomberg: MSW MK; Reuters: MSWK.KL) signed a Memorandum of Understanding (MoU) with Ace Gases Marketing Sdn. Bhd. (Ace Gases), a wholly-owned subsidiary of Kelington Group Berhad (Kelington) and Universiti Tunku Abdul Rahman (UTAR) to deploy innovative Carbon Capture, Utilization, and Storage (CCUS) technologies to embed new green innovations into Masteel’s ultra-low carbon steel production facility.