Supermax will incur additional labour cost at an average of RM1mil per month due to the minimum wage policy, or RM13mil per annum (9% of its 2013 net profit), according to Kenanga
PETALING JAYA: United States fund manager FMR LLC has emerged as a substantial shareholder in Supermax Corp Bhd
with a 5.028% stake, filings with Bursa Malaysia show.
The filing showed that FMR had purchased 246,600 shares on Feb 12.
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