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 |