The liquid filtration market worldwide is projected to grow to $10.7 bilion by 2035, up by about $5.7 billion from now

Lastest quarter results will be released this month end. Can expect a spike

Rumour in the market says a Norwegian sovereign fund may be accumulating this stock

PMI used to be mainly known for edible oil filtration, but now they’re branding themselves as a broader filtration expert, moving into water treatment, mining, and other areas

PMI plans to pay out at least 30% of its annual profits as dividends to shareholders

The stock is still hovering around the support zone near 0.21 cents. Waiting to see which way it breaks

Hock Soon’s board is currently chaired by Datuk Seri Nurmala Abd Rahim, who is also a senior independent non-executive director of industrial filter manufacturer Pan Merchant and aerosol spray paint maker DPI Holdings

The company is eyeing opportunities in wastewater treatment and sustainable fuel refineries too as climate initiatives ramp up globally

For context, Pan Merchant is the biggest solid-liquid filtration player in Malaysia by revenue

PMI is currently sitting at around a 0.5% share of the global filtration market, but management has been pretty clear about their ambition to grow that to around 2%–3% over the next few years