MSM Malaysia Holdings Berhad ('Company') wishes to announce a temporary production shutdown of its refinery at MSM Sugar Refinery (Johor) Sdn Bhd ('MSM Johor' or 'Plant') which is located in Tanjung Langsat Industrial Complex, Pasir Gudang, Johor for a period of two (2) months from April to May 2021 ('temporary production shutdown').

The temporary production shutdown was effective from 31 March 2021 to allow for the Plant's boiler rectification after a breakdown and upon completion, would enable the Plant to achieve its targeted utilisation factor by the 3rd quarter of 2021.

During the temporary production shutdown, the Company shall utilize its available refined sugar stocks in MSM Johor and supported by the production of its second refinery at MSM Prai Berhad for supply to the domestic and export markets.

With these measures, there will be no material impact on operations, earnings per shares and net assets per share of the Company arising from the temporary production shutdown.

The relevant authorities have been duly informed and further announcement shall be made in the event of any material developments on this matter.

This announcement is dated 8 April 2021.

Announcement Info

Company Name MSM MALAYSIA HOLDINGS BERHAD
Stock Name MSM
Date Announced 08 Apr 2021
Category General Announcement for PLC
Reference Number GA1-08042021-00069

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MSM Malaysia Holdings Bhd published this content on 08 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 April 2021 01:49:02 UTC.