PSL Holdings

PSL Holdings: The group has recently sold off its two subsidiaries, PSL Engineering and Rotary Piling, to KH Foges for an aggregate $14.8m. The recent share price performance may be due to a potential advancement in the group's search for coal mining opportunities, which it had been searching for since the termination of its previous proposed acquisition of PT Sinar Wijaya Pratama back in Feb 2013.