Fire breaks out at Dominant Enterprise factory

Dominant Enterprise's share price slipped on news about the fire which broke out at its factory in Muar on Saturday.

KUALA LUMPUR: A fire broke out at Dominant Enterprise Bhd’s factory and warehouse in Muar on Saturday morning.

In a filing with Bursa Malaysia on Monday, the wood products manufacturer said the management was unable to determine the actual losses.

“The management has lodged a report with the police and the insurance company on the occurrence.

“Any further announcement will be made on the actual losses upon completion of the investigation and assessment by the company’s internal team, Insurance company and the authorities concerned, ” it said.

At 10.05am, its share price was down three sen to 72 sen.

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