18.06.2021
The Minority Shareholders Watch Group is now on Twitter. The presence at Twitter is the first step for us to create strong social media presence and engage with our stakeholders more effectively. Do follow MSWG’s Twitter account at @MSWGMalaysia and share your thought on our tweets from time to time.
Bracing for uncertainties from COVID-19 crisis that refuses to go away
It has been more than a year after the COVID-19 pandemic hit Malaysian shore, but its impact on our lives and businesses is far from over.
On 9 June 2021, Malaysia Smelting Corp Bhd (MSC) declared force majeure after suspending its tin mining and smelting operations from 4 – 14 June – in line with the nationwide full movement control order (FMCO/MCO 3.0) measures to curb the spread of the COVID-19 pandemic.
MSC said the temporary suspension of operation is expected to have an impact on the company’s operations and financial performance for the financial year ending 31 December 2021. However, it was unable to ascertain the extent of the impact.
