Apollo Food’s MOH Stop Order Has Raised Concern On The Financial Impact

Apollo Food Industries (M) Sdn Bhd, a wholly-owned subsidiary of the group has received a stop order from the Ministry of Health after detection of Covid-19 cases in the manufacturing plant.

The factories located at Kawasan Perindustrian Larkin Johor Bahru had recently received notice to temporarily stop its operations for six days for the disinfection of premises and help curb the spread virus. Based on the notice, the subsidiary is expecting to resume its operations on the stipulated date given but will also await further approval from the relevant authorities. With the manufacture sector resuming operations, there has been instances where clusters are developing among workers, however the Ministry of Health has warned that it will be taking stern actions on these facilities who are lackadaisical on the SOPs.

Apollo however has iterated that it has strictly adhered to the preventive measures issued by MOH as part of the business continuity management and assured the authorities that it will work closely to ensure safety and wellbeing of its employees. The closure and ceasing of operation is bound to impact the company, in a notice sent to Bursa Malaysia the group stated that with evolving circumstances it is unable to quantify or determine the impact of Covid-19 on the financial and operational results arising from the temporary stoppage of operations due to disinfection of premises.

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