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Home / Capital / Brokers Calls

Analysts mixed on UG Healthcare following halt in glove production due to EMCO

Broker's Calls

Analysts mixed on UG Healthcare following halt in glove production due to EMCO

Atiqah Mokhtar Published on Tue, Jul 13, 2021 / 5:11 PM GMT+8

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Analysts from RHB Group Research and CGS-CIMB Research have given mixed reactions to UG Healthcare’s announcement on July 12 that it was halting operations of its manufacturing plants in Seremban temporarily due to Malaysia's Enhanced Movement Control Order (EMCO) from July 9 to July 22.

See also: UG Healthcare to see further 2.4% drop in glove production due to EMCO

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