Adds extra particulars, background KUALA LUMPUR, Nov 23 (Re
Adds extra particulars, background
KUALA LUMPUR, Nov 23 (Reuters) – Malaysia will shut a few of Prime Glove’s TPGC.KL factories in phases because it strikes to display screen staff for coronavirus following a giant bounce in infections, a senior minister mentioned on Monday.
The world’s largest maker of latex gloves has racked up document income this yr on skyrocketing demand for its merchandise and protecting gear, due to the pandemic.
However as many as 28 of its community of greater than 30 factories within the southeast Asian nation can be shut after 1,889 staff examined optimistic for the virus, from 5,794 screened, mentioned Senior Safety Minister Ismail Sabri Yaakob.
“On the recommendation and threat analysis of the well being ministry, it’s agreed that 28 of Prime Glove factories be closed in phases,” Ismail mentioned, in order to permit additional screening and quarantine.
He didn’t say when the closures would start, nonetheless.
Final week, the federal government ordered 14-day curbs via Nov. 30 in an space the place Prime Glove factories and dormitories are positioned. The corporate mentioned the curbs would have an effect on 5,700 staff, or greater than 1 / 4.
Analysts had mentioned the curbs didn’t change earnings forecasts for the corporate however they might re-assess projections if infections on the factories rise sharply and curbs are prolonged.
The corporate didn’t instantly reply to questions on particulars of the scenario or the affect on manufacturing.
(Reporting by Rozanna Latiff and Liz Lee; Enhancing by Toby Chopra and Clarence Fernandez)
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