PETALING JAYA: Toy traders may have to slash their prices up to 50% if they are to clear their existing stock fast, following the implementation of a new ruling requiring all new toys sold in the country to carry the mark of conformity (MC) logo.
Malaysian Foodstuffs and Toys Merchants Association (toys division) chief Datuk Ooi Soo Hing said its members were concerned about suffering loses as their current stocks which have yet to be sold was worth between RM300mil and RM500mil.
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