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Temporary closure has little impact on Poh Huat


While the temporary shutdown will result in a potential loss of revenue due to production shortfall, TA Securities estimated that it would add up to around RM1mil for 10 days of disruption. “Together with the cost of disinfection and screening of workers, we believe the overall earning impact is less than 2% of FY21 earnings.
’s operations in Malaysia is expected to have little impact on the company’s earnings.
While the temporary shutdown will result in a potential loss of revenue due to production shortfall, TA Securities estimated that it would add up to around RM1mil for 10 days of disruption. ....

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543 Covid-19 cases found among workers at Poh Huat furniture subsidiary

Poh Huat Resources Holdings Bhd's main operating subsidiary in Malaysia has discovered 543 positive Covid-19 cases among its employees. According to a bourse filing, the furniture company’s subsidiary Poh Huat Furniture Industries (M) Sdn Bhd (PHFI) went through a voluntary Covid-19 screening of all of its employees (foreign and local) at all its factories located in the Bukit Pasir Industrial Area in Muar, Johor. ....

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Duopharma, Pharmaniaga, Atrium REIT, PNE PCB, Gabungan AQRS, Poh Huat, Hwa Tai, Chin Teck Plantations, DNeX, Advancecon and Tasco


KUALA LUMPUR (Jan 26): Based on corporate announcements and news flow today, stocks that may be in focus tomorrow (Wednesday Jan 27) include Duopharma Biotech Bhd, Pharmaniaga Bhd, Atrium REIT, PNE PCB Bhd, Gabungan AQRS Bhd, Poh Huat Resources Holdings Bhd, Hwa Tai Industries Bhd, Chin Teck Plantations Bhd, Dagang NeXchange Bhd (DNeX), Advancecon Holdings Bhd and Tasco Bhd.
Duopharma Biotech Bhd has signed a deal with the Malaysian government to supply 6.4 million doses of the Russian-developed Sputnik V Covid-19 vaccine. The group said it will procure and supply to the Ministry of Health (MoH) the vaccine developed by the Gamaleya National Research Institute of Epidemiology and Microbiology. Duopharma said its subsidiary, Duopharma (M) Sdn Bhd (DMSB), has signed a term sheet agreement with MoH and the Russian Direct Investment Fund (RDIF) to secure the 6.4 million doses of Sputnik V. RDIF is the appointed marketing agent for Gamaleya for all international markets, with es ....

Kuala Lumpur , Bayan Lepas , Pulau Pinang , South Korea , Bukit Pasir , Gabungan Strategik , Dagang Nexchange Bhd Dne , Gabungan Strategik Sdn Bhd , Chin Teck , Duopharmam Sdn Bhd , Sdn Bhd , Pharmaniaga Bhd , Tasco Bhd , Teringin Sentral Sdn Bhd , Pharmaniaga Lifescience Sdn Bhd , Hwa Tai , China Communications Construction , Hwa Tai Industries Bhd , Advancecon Holdings Bhd , Russian Direct Investment Fund , Gamaleya National Research Institute Of Epidemiology , Sinovac Biotech Ltd , Poh Huat Resources Holdings Bhd , Sinovac Life Sciences Co Ltd , Ministry Of Health Mo , Poh Huat Furniture Industriesm Sdn Bhd ,