PETALING JAYA: Kossan Rubber Industries Bhd
has clarified that the fire at a paint factory in Meru Industrial Park, Klang on Monday will have no material impact on its financial and operations and its subsidiaries.
In a filing with Bursa Malaysia, Kossan said the paint factory, Kossan Paint (M) Sdn Bhd (KP), was not a subsidiary of the company.
“KP is a related party of the company through Kossan Holdings (M) Sdn Bhd, a substantial shareholder of the firm.”
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