Singapore company shuts Suzhou factory amid Wuhan virus spread

📆 30/01/2020 10:06:00
📰 The Straits Times

⏱ Reading Time:
19 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

SINGAPORE - Singapore-listed manufacturer Micro-Mechanics (Holdings) has temporarily closed its factory in Suzhou following directives from the local Chinese authority in response to the Wuhan virus outbreak in China.. Read more at straitstimes.com.

SINGAPORE - Singapore-listed manufacturer Micro-Mechanics has temporarily closed its factory in Suzhou following directives from the local Chinese authority in response to the Wuhan virus outbreak in China.

Micro-Mechanics, which designs and manufactures precision tools and consumable parts for the semiconductor industry, said its Suzhou factory is expected to resume operations on Feb 10. Micro-Mechanics said sales to customers in China for its first financial quarter ended Sept 30, 2019, came to $4.7 million, accounting for around 30 per cent of group revenue.

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:

Write Comment

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wuhan virus: CapitaLand, more Singapore companies suspend some businesses in ChinaSINGAPORE - Property giant CapitaLand and more Singapore-listed companies announced temporary closures of businesses in China as the coronavirus death toll and number of infections there continues to rise.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »