Analyst downgrades as Supermax hit with US ban


KUALA LUMPUR: Supermax Corp Bhd is facing earnings downgrades from analysts following the US import ban on its disposable gloves.

The US Customs and Border Protection (CBP) in a Wednesday statement said it had issued a withhold release order on Supermax and its subsidiaries based on information that reasonably indicated their use of forced labour in manufacturing operations.

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