PETALING JAYA: Wang-Zheng Bhd
estimates a provisional loss of approximately RM20mil from the fire that had broken out at the factory and warehouse of its wholly-owned subsidiary, Carefeel Cotton Industries (M) Sdn Bhd (CCI).
In a reply to a query from Bursa Malaysia, the company, which is principally engaged in manufacturing, processing and distribution of fibre-based products, said it is still unable to determine the actual losses to be incurred by CCI.
