We wish to announce that a fire (“Fire”) occurred at about 4.10 a.m. on 25 January 2025, at the silo and surrounding area of the factory premises of Yenher Agro, a wholly owned subsidiary of the Company, located at 1684, Jalan IKS Simpang Ampat 1, Taman IKS Simpang Ampat, 14100 Simpang Ampat, Penang.
At the time of this announcement, the Board of Directors is unable to ascertain the cause of the fire or estimate the full impact and consequences of the incident. The incident did not cause harm to any persons or result in any known uncontrolled emissions.
Based on preliminary assessment, the impact on the earnings of Yenher is not expected to be substantial as the factory is adequately covered with fire and consequential loss insurance. The management of Yenher Agro is taking remedial action to minimise disruption to their operation at the factory.
Yenher Agro’s principal activities are the manufacture, supplying and marketing of animal health and nutrition products for livestocks and companion animals.
More information will be released when it becomes available.
This announcement is dated 26 January 2025.