Following subsequent polymerase chain reaction (PCR) tests found that 62% of all active PNE employees tested positive for the virus.
The group’s employees who have tested positive for Covid-19 are currently reporting to the relevant authorities in Malaysia.
SEE:Sen Yue to build new metal and materials smelting facility
The group says it has informed its customers about the situation and is renegotiating delivery deadlines.
“At this juncture, the group is unable to quantify the extent of the financial impact of the temporary shutdown of the premises on the earnings per share and net asset value per share of the group for the financial year ending Sept 30,” reads the statement.
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On this, Sen Yue expects that operations will be suspended till the end of April.
Shares in Sen Yue last traded at 2.2 cents.
