KUALA LUMPUR, Oct 21 Supermax Corporation Bhd’s representatives in the United States are currently in touch in the US Customs and Border Protection (CBP) to obtain more clarity and information on the Withhold Release Order (WRO) issued and the required measures going forward. The company said.
KUALA LUMPUR, Oct 21 (Bernama) Supermax Corporation Bhd’s representatives in the United States are currently in touch in the US Customs and Border Protection (CBP) to obtain more clarity and information on the Withhold Release Order (WRO) issued and the required measures going forward.
Supermax Corp Bhd’s share-trade volume spiked to its highest in over five months at 78.34 million on Thursday (Oct 21) from 11.17 million a day earlier while the rubber glove manufacturer’s stock price plunged more than 11% after the US Customs and Border Protection (CBP) issued a withhold release order (WRO) on gloves produced by Supermax Corp’s wholly-owned subsidiaries Maxter Glove Manufacturing Sdn Bhd, Maxwell Glove Manufacturing Bhd and Supermax Glove Manufacturing due to forced labour allegations.
KUALA LUMPUR (Dec 24): Based on corporate announcements and news flow today, companies that may be in focus next Monday (Dec 28) include Supermax Corp Bhd, Yinson Holdings Bhd, MTD ACPI Engineering Bhd, Telekom Malaysia Bhd, KTG Bhd, Komarkcorp Bhd, WCT Holdings Bhd, Johan Holdings Bhd, Wegmans Holdings Bhd, Lambo Group Bhd, and Cymao Holdings Bhd.
Supermax Corp Bhd has issued a scam alert, saying certain unauthorised parties are taking advantage of the global shortage of gloves and Supermax s prominence and good standing to attempt and commit fraud.
It said there are parties who claim to be involved in sales and marketing of nitrile and latex gloves as well as other personal protective equipment produced by Supermax and its subsidiaries Supermax Glove Manufacturing Sdn Bhd, Maxter Glove Manufacturing Sdn Bhd, Maxwell Glove Manufacturing Bhd and SuperVision Optimax Sdn Bhd.
Thursday, 24 Dec 2020 03:08 PM MYT
KUALA LUMPUR, Dec 24 Supermax Corporation Bhd (SCB) says it has been alerted that certain unauthorised parties are taking advantage of the global shortage of gloves and the company’s prominence and good standing to attempt and commit fraud.
According to Supermax, there are parties who claim to be involved in the sales and marketing of nitrile and latex gloves as well as other Personal Protective Equipment (PPE) produced by SCB and its subsidiary companies, namely, Supermax Glove Manufacturing Sdn Bhd, Maxter Glove Manufacturing Sdn Bhd, Maxwell Glove Manufacturing Bhd and SuperVision Optimax Sdn Bhd.
In a statement today, the glovemaker said the unauthorised parties claim to be readily able to provide volume, stock and capacity and have disseminated fabricated documents to support their false claims.