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OTHERS Power Root Berhad ("PRB" or "the Company") -Temporary Suspension of Operations for Prevention of Spread due to COVID-19

POWER ROOT BERHAD

Type Announcement
Subject OTHERS
Description
Power Root Berhad ("PRB" or "the Company") -Temporary Suspension of Operations for Prevention of Spread due to COVID-19

The Board of Directors (“the Board”) of Power Root Berhad (“PRB” or “the Company”) wishes to announce that its wholly owned subsidiary, Power Root (M) Sdn Bhd received an official letter from the Ministry of Health ("MOH") on 1 July 2021 with instructions to temporarily suspend its operations in its factory located at No. 1, Jalan Sri Plentong, Taman Perindustrian Plentong, 81750 Masai, Johor from 1 July 2021 till 7 July 2021.  The factory is expected to resume its operations in stages on 7 July 2021 or earlier, subject to the approval of the relevant authorities.

 

The Group will take the following actions:

  1. Conducting sanitisation work in its factory;
  2. Conducting COVID-19 test for workers that had been in close contact with those that were tested COVID-19 positive via contact tracing; and
  3. Implementing quarantine measures for the affected workers and close contacts in the quarantine facility in adherence to advice from the MOH.

The costs for COVID-19 tests, quarantine measures and disinfection processes will not have a material impact to the Group’s financial performance. However, it is expected to result in the deferment of shipment to its export customers.

In the meantime, as the Group would utilize outstanding stocks to fulfil sales orders, the Group does not foresee any major disruption in the supply to the market.

The Group will continue to uphold all staff and management personnel to strict hygiene and physical distancing standards as per the Group’s Standard Operating Procedures outlined by MOH, undertake disinfections at the end of each production shift, and prepare a segregation plan for all departments to ensure business continuity in a safe and secure manner.

 

This announcement is dated 1 July 2021.

 






Announcement Info

Company Name POWER ROOT BERHAD
Stock Name PWROOT
Date Announced 01 Jul 2021
Category General Announcement for PLC
Reference Number GA1-01072021-00077




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