Jakel estimates fire to cost company RM100 million | The Malaysian Insight

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Jakel estimates fire to cost company RM100 million

Managing director Mohamed Faroz Mohamed Jakel says the company will look for another location in Shah Alam and will hopefully be running again before Ramadan. – Facebook pic, January 1, 2023.

Managing director Mohamed Faroz Mohamed Jakel said the valuation was only for the building , with the final bill expected to be much higher. “This is a big loss for the company but we accept it as our fate,” he said adding that the annual sales turnover from this branch was about RM300 million. Meanwhile, Shah Alam police chief Mohd Iqbal Ibrahim said a short circuit was believed to be the cause of the fire and no casualties were reported.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Insurance claims also Millions so what the fuss for them😂

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines