ATA shares plunged 30% to 82 sen apiece, its lowest since April 2020, on news that international home appliance maker Dyson Ltd had severed its ties with the Johor-based company over labour practices of the electronics manufacturing firm. The stock was once traded at RM2.91 per share back in August. (File pic shows ATS staff at work)
PETALING JAYA: Manufacturing companies have emerged in the crosshairs of labour rights issues with ATA IMS Bhd being the latest to have fallen to environmental, social and governance (ESG) concerns after plantation and rubber glove companies recently.
ATA shares plunged 30% to 82 sen apiece, its lowest since April 2020, on news that international home appliance maker Dyson Ltd had severed its ties with the Johor-based company over labour practices of the electronics manufacturing firm.
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