Glove dipping-line maker HLT shuts down plant due to Covid-19 outbreak, 5% output volume loss estimated

TheEdge Fri, May 28, 2021 08:08pm - 2 years View Original


KUALA LUMPUR (May 28): HLT Global Bhd said it has commenced a temporary stoppage of its manufacturing facility in Kuala Pilah until June 8 after several employees caught Covid-19.

“As a result of the temporary closure of the affected plant, the capacity loss is estimated to be less than 5% of the total annual output volume,” said the glove dipping-line manufacturer .

The plant is closed to carry out disinfection procedures and is expected to resume operations in stages from June 9, it added.

“HLT group will continue to cooperate and work closely with the Ministry of Health. We will continue to adhere to the Covid-19 preventive SOPs on a stringent basis,” the company said.

“The safety and well-being of our employees and local community are of our utmost priority towards containing the situation and the temporary closure will go a long way towards minimising the risk of further spreading the Covid-19 virus within the community,” it added.

HLT shares fell three sen to RM1 today, valuing the group at RM707.12 million. The stock hit an all-time high of RM3.18 in August last year.

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