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Malaysian glove maker Supermax warns of 'material effect' on financial performance after US import ban | Malaysia

KUALA LUMPUR, Oct 25 Supermax Corporation Bhd has warned that should efforts to divert its US-bound sales to other markets “be less than successful, this would have a material adverse effect on the company’s financial performance.”  “The duration of the withhold release order. ....

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Supermax warns of 'material effect' on its financials if sales diversion less than successful after US detention order

Supermax Corp Bhd warned on Monday (Oct 25) that there will be "material effect" on its financial performance should the glove maker’s efforts to divert sales to other markets be less than successful after the US Customs and Border Protection (CBP) issued a Withhold Release Order (WRO) against the company and its subsidiaries’ products on forced labour allegations. ....

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