Fire razes part of Comfort Glove plant, shares down


FRIDAY, JUNE 10 KUALA LUMPUR- Release of April 2016 Industrial Production Index at 1200 (0400 GMT)

KUALA LUMPUR: Shares of Comfort Gloves Bhd fell inn active trade on Friday on news about a fire which razed part of its factory in Taiping on Friday.

According to several eyewitness accounts, the fire which started at about 8am had razed the new wing of the factory in Jalan Matang, Taiping.

Fire engines from as far as Ipoh had also been deployed to the scene to help put out the fires.

The glove maker's shares fell seven sen or 8.05% to 80 sen. There were 23.39 million shares done.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Wall St set to open higher on tech boost, PCE data
US inflation rises in line with expectations in March
Gamuda Land announces retail partners for Gamuda Gardens
YNH reaffirms bondholders with remedied technical defaults
Ringgit ends firmer against US dollar
KPJ Healthcare partners with Trustr for AI-driven healthcare solutions
Homeritz stays positive amid economic challenges
Unisem expects performance boost amid semiconductor recovery
Gadang wins RM280mil data centre contract
S P Setia unveils Casaville single-storey bungalows in Setia EcoHill, Semenyih

Others Also Read