Poh Huat unit incurs RM9mil losses

PETALING JAYA: Furniture maker Poh Huat Resources Holdings Bhd, whose Poh Huat Furniture Industries Vietnam JSC unit’s factory was damaged in a fire on Aug 23, has assessed the losses at RM2.89mil for plant and machinery while stock losses amounted to RM6.12mil.

The fire had affected two factory blocks, which houses a finishing line and a finished goods warehouse, the company said in a stock-exchange filing.