KUALA LUMPUR, Oct 22 — Supermax Corp Bhd expects a clearer financial impact in the second quarter of 2022 as the company works towards auditing the 11 Indicators of Forced Labour by independent auditors.
“We are currently in the midst of auditing the 11 Indicators of Forced Labour by an independent auditor. One of the subsidiaries have been audited last week and another subsidiary is in the midst of being audited by the independent auditor this week. “The most sensitive one was the Recruitment Fees and we have since remediated and paid back the recruitment fees to each foreign labour, including those who have returned to their home country whom we were able to trace.”
CGS-CIMB Securities Sdn Bhd, in a note, said it expects the audit report to be submitted in three to four months’ time, while CBP’s review may take another six to nine months. To recap, the company reiterates its “hold” call on the company with a lower target price of RM2.16 in tandem with its EPS cuts.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EMCO at Kampung Orang Asli Ruai, Pahang from Oct 22, says NSC | Malay MailKUALA LUMPUR, Oct 21 — The enhanced movement control order (EMCO) will be enforced at Kampung Orang Asli Ruai, Mukim Batu Talam, Raub, Pahang from October 22 to November 4. National Security Council (MKN) director-general Datuk Rodzi Md Saad said the decision was made after evaluating a Health...
Source: malaymail - 🏆 1. / 86 Read more »
EC to present SOPs for Melaka election on Friday (Oct 22), says KhairyKUALA LUMPUR (Bernama): The Election Commission (EC) will present standard operating procedures (SOP) for the upcoming Melaka state election at the Covid-19 Pandemic Management Special Committee meeting chaired by Prime Minister Datuk Seri Ismail Sabri Yaakob, on Friday (Oct 22). I hope the minister and government servant could stay away from malacca PRN. I have suggested many times once you become a minister the position in a party dropped. There is no impartialities at all. Saliva test station before queuing for voting. Just like how they did before flying to Langkawi Khairykj DGHisham KKMPutrajaya sprgovmy Sekiranya umat Islam ingin keluar dari kegelapan dan mendapatkan kembali status mereka yg hilang maka satu-satunya cara yang mungkin adalah dengan menghapuskan syirik dan bentuknya di semua peringkat. Mesejnya jelas dan saya fikir dia adalah Imam Al-Mahdi.
Source: staronline - 🏆 4. / 75 Read more »
Sarawak CM to address media on Friday (Oct 22) regarding dissolution of state assemblyPETALING JAYA: Sarawak Chief Minister Datuk Patinggi Abang Johari Tun Openg is expected to call a special press conference on Friday (Oct 22) relating to the dissolution of the Sarawak state assembly. Takut nak berdepan Undi 18
Source: staronline - 🏆 4. / 75 Read more »
Klang Valley sees 22% increase in Covid-19 hospital admissions | The Malaysian InsightKhairy says ministry to provide snapshot on CovidNow to ‘quickly highlight trends’. 👏🏼👏🏼👏🏼
Source: msianinsight - 🏆 8. / 63 Read more »
Covid-19 (Oct 22): 6,630 new casesCOVID-19 | Hospital admission declining but Sarawak is bucking the trend. Hope u guys give rest, to the front liner guys.
Source: malaysiakini - 🏆 20. / 51 Read more »
Covid-19 deaths (Oct 22): 96 reported fatalities, total at 28,234Sarawak records the highest number of deaths, at 21.
Source: malaysiakini - 🏆 20. / 51 Read more »