KESM

6.220

+0.04 (+0.6%)

OTHERS KESM INDUSTRIES BERHAD ("KESM" or the "Company) - SHUT DOWN OF PLANT IN TIANJIN, CHINA

KESM INDUSTRIES BERHAD

Type Announcement
Subject OTHERS
Description
KESM INDUSTRIES BERHAD ("KESM" or the "Company)
- SHUT DOWN OF PLANT IN TIANJIN, CHINA

The Board of Directors of KESM wishes to inform that the Government of the People’s Republic of China had imposed a partial lockdown in Tianjin, China following the discovery of Covid-19 cases. The Company’s wholly-owned subsidiary, KESM Industries (Tianjin) Co., Ltd (“KTJ”) was required to observe the lockdown regulation and has stopped production.  KTJ carries out semiconductor burn-in and testing.

 

We are uncertain of the duration and extent of the virus spread in Tianjin.  As such, the  Company is unable to immediately assess the exact impact of this recent event to the financial results for the second quarter ending 31 January 2022. 

 

Further announcement will be made when there is new development.

 

This announcement is dated 14 January 2022.






Announcement Info

Company Name KESM INDUSTRIES BERHAD
Stock Name KESM
Date Announced 14 Jan 2022
Category General Announcement for PLC
Reference Number GA1-14012022-00048