ATA shares slump 37per cent in early trade after major client Dyson cuts business ties

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 66%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

KUALA LUMPUR : Shares in ATA IMS Bhd plunged 36.6per cent in early trade on Friday after major client Dyson Ltd cut business ties with the Malaysian supplier.High-tech home appliance maker Dyson told Reuters it had cut ties with the supplier, which makes parts for Dyson's vacuum cleaners and air purifiers

KUALA LUMPUR : Shares in ATA IMS Bhd plunged 36.6per cent in early trade on Friday after major client Dyson Ltd cut business ties with the Malaysian supplier.

High-tech home appliance maker Dyson told Reuters it had cut ties with the supplier, which makes parts for Dyson's vacuum cleaners and air purifiers, following an audit of the company's labour practices and allegations by a whistleblower.

 

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

 /  🏆 6. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines