“As the overall impact to the sector is relatively limited, we are maintaining our Neutral call on the sector. Kossan and Supermax are our top buys for the sector, due to their undemanding valuations and higher-than-industry growth rates," Affin Hwang Capital Research said.
KUALA LUMPUR: The US Customs and Border Protection’s (CBP) seizure of disposable rubber gloves produced by a Malaysian manufacturer, WRP Asia Pacific Sdn Bhd (WRP), over forced labour allegations will only have a relatively limited impact on the entire sector.
Affin Hwang Capital Research said on Thursday it does not think such an action will have an adverse impact on the entire sector, as the Withhold Release Order (WRO) used by the CBP is for the specific company only (WRP).
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