MCO casualty: Garment manufacturer Esquel closes shop


GEORGE TOWN: Hong Kong-based textile and garment manufacturer, Esquel Group Malaysia Sdn Bhd (EGM), unprofitable since 2015, will cease operation after five decades as Covid-19 pushes the company over the edge.

General manager Edward Ho in a letter dated April 15 said their factories in Penang and Kelantan would shutter on June 12.

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