Poly Glass Fibre gets RM1.31m compensation for warehouse fire incident

TheEdge Thu, Aug 01, 2019 06:23pm - 4 years View Original


KUALA LUMPUR (Aug 1): Poly Glass Fibre (M) Bhd said it received RM1.31 million as compensation for the loss arising from a fire incident at its warehouse a year ago.

The management is still working closely on the claim on consequential loss, the group said in a filing today.

The fire incident took place on July 30, 2018 at the company's warehouse located in Prai. The incident did not cause any harm to persons or any known uncontrolled emissions.

Poly Glass’ share price closed unchanged at 39.5 sen, for a market capitalisation of RM63.19 million.

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