Pecca assures no material impact from six-day ops closure to disinfect, after staff tests positive for Covid-19

KUALA LUMPUR (Nov 21): Pecca Group Bhd, which announced yesterday that one of its workers have tested positive for Covid-19, said yesterday that its business operations is shut for six days, starting Nov 17.

Operations will resume next Monday (Nov 23), the car leather upholstery maker said in a stock exchange filing.

It also assured that there will be no material financial or operational impact from the closure on the group and its subsidiaries, and that it has sufficient finished goods to fulfil existing orders before its operations resume.

The temporary closure, it said, was for disinfection to be carried out at its premises, while its employees undergo a swab test.

"The estimated costs for conducting the swab tests and disinfection process ranges between RM150,000 to RM200,000," it added.

Pecca's shares, which have been trending upward from when it was trading at 88 sen on July 30, closed at RM1.50 yesterday, for a market capitalisation of RM259.02 million. The share price is two sen or 1.35% higher than Thursday's close.

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