As noted in the market update of 16 March 2021 the business of Nanopac (M) Sdn Bhd, the Company s main operating subsidiary, was severely and negatively impacted by the effects of the Covid-19 global pandemic and the various lock downs and movement restrictions put in place in Malaysia and markets which the group supplies.
Listed Date: Wednesday, 23 July 2014
News
In February 2021 Nanopac (M) retended to supply socks with nano particle coatings to the Malaysian Army. The Company s previous contract expired in January 2021. The tender is in the final stages and the group hopes to again supply socks to the Malaysian army.Read Full Article▸
Nanopac Innovation Limited (NSX:NNO) Market and Audit Update
Market and Audit UpdateSydney, Mar 17, 2021 AEST (ABN Newswire) - The business of Nanopac (M) Sdn Bhd (Nanopac (M)), the Company s main operating subsidiary, was severely and negatively impacted by the effects of the Covid -19 global pandemic and the various lock downs and movement restrictions put in place in Malaysia and markets which the group supplies.
With the easing of restrictions Nanopac (M) is seeing slowly improving market conditions and an increase in revenues once again.
Nanopac (M) has been undertaking various measures to reduce the impact of the pandemic on its business. These include: