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World’s largest medical glove maker turns into the epicenter of Malaysia’s Covid resurgence

World’s largest medical glove maker becomes the epicenter of Malaysia’s Covid resurgence

SINGAPORE — Prime Glove, the world’s largest medical glove maker, has shut 20 manufacturing websites in Malaysia after hundreds of staff examined constructive for Covid-19.

A complete of two,684 Prime Glove staff — most of them overseas staff — have examined constructive as of Wednesday, native media reported, citing Malaysia’s Senior Minister for Safety and Minister of Defence Ismail Sabri Yaakob.

That is by far the biggest cluster of recent infections within the Southeast Asian nation, the place a resurgence in instances pressured the federal government to reimpose a contemporary spherical of partial lockdown measures, in keeping with knowledge by Malaysia’s well being ministry.

Authorities within the nation are testing all Prime Glove staff within the affected factories and dormitories for the coronavirus. Minister of Worldwide Commerce and Trade Mohamed Azmin Ali informed AnotherBillionaire Information on Thursday that the federal government hopes to “mitigate this downside inside subsequent two weeks.”  

“It is vitally unlucky that not too long ago, there (had been) some points by way of the constructive instances recorded on the factories,” he informed AnotherBillionaire Information’s “Road Indicators Asia.”

Azmin identified that Prime Glove was one in all corporations allowed to proceed with full operations all through Malaysia’s lockdown, given its significance to each the native and world markets.

The corporate has seen a rise in demand for its merchandise on account of the pandemic. That contributed to a surge within the value of its shares.

Shares of Prime Glove listed in Malaysia and Singapore dipped following bulletins of its manufacturing unit closures, however they’re nonetheless up by greater than 300% to date this yr in each markets, knowledge by Refinitiv confirmed.

Prime Glove stated in a Wednesday assertion that some 5,700 of its staff have been examined for the virus, and screening of the remaining staff could also be accomplished by finish of this week.