WHERE did it all go wrong for Abric Bhd?
To answer that, one needs to take a step back and look at Abric's two main core businesses, i.e., the manufacture and marketing of security seals and its technology division, which includes the provision of e-logistics products and services. Abric produces an extensive range of security seals which is used widely in the bulk transportation and shipping industries as well as in the gaming, banking, warehousing, hotel, postal, health services and retail industries, to deter tampering.