HPMT Holdings says worst is over

PETALING JAYA: HPMT Holdings Bhd believes that the worst is over for the manufacturer and distributor of cutting tools, (pic) and this year will be a year of recovery.

Executive director and chief financial officer Tan Kim Chuan said the company’s optimism stemmed from the easing of movement restrictions imposed as a result of the Covid-19 pandemic, supported by the various economic stimulus packages here and globally.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Business News

BPlant, KLK clarify Boustead-KLK deal is still pending final decision
Marine & General's outlook for upstream, downstream divisions remains positive
AirAsia secures five-year term loan facility of up to US$150mil
Ringgit ends marginally lower against US$
ACE Market-bound SSD Home's IPO oversubscribed 8.25 times
Bursa Malaysia ends marginally higher amid mixed regional markets
NetX, Saudee unit to launch fast-food chain
HLB, HLISB and Cagamas conclude RM300mil green assets transaction
Malaysia maintaining 4-5% GDP growth forecast for 2023 - Ahmad Maslan
Scale up Islamic capital market to play greater role in global sustainable projects - SC

Air Pollutant Index

Highest API Readings

    Select State and Location to view the latest API reading

    Source: Department of Environment, Malaysia

    Others Also Read