KUALA LUMPUR: Hup Seng Industries Bhd
has temporarily suspended operations at one of its units in Batu Pahat until Sept 30 to disinfect the entire premises.
In a filing with Bursa Malaysia on Monday Hup Seng Perusahaan Makanan (M) Sdn Bhd (HSPM) received a notice on Sunday from the Ministry of Health to temporarily suspend its operations.
HSPM is cooperating and working closely with the MOH and taking mitigating steps to contain the spread of Covid-19 at the premises to safeguard the safety and well-being of our employees, it said.
“The temporary suspension of operations is expected to result in loss of production volume estimated to be approximately 3% of the total annual production volume of the group.
“Delay in the delivery of goods to its local and export customers is anticipated and the management is currently in discussion with the customers to reschedule the delivery of these orders,” it said..
Hup Seng said subject to further directive from the MOH, HSPM expects to resume its operations after Sept 30, 2021.
As for the impact on financial performance, Hup Seng is unable to quantify or determine the impact of this temporary suspension on its financial performance.
