JCY gets nod to operate during MCO period - MIDA | Malaysian Investment Development Authority
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JCY gets nod to operate during MCO period

JCY gets nod to operate during MCO period

02 Apr 2020

A wholly-owned subsidiary of JCY International Bhd has been allowed to operate during the Movement Control Order (MCO) period by the Ministry of International Trade and Industry (MITI).

JCY received a letter from MITI on March 26 allowing JCY HDD Technology Sdn Bhd to operate within the period but must ensure that only 50% of its workforce operates. Also, the company must establish a work from home system for employees not involved in critical manufacturing activities.

In an exchange filing, it said the authorities require JCY HDD to meet the requests and needs for products or services wholly for the local market.

JCY HDD is also required to submit the list of workers involved in its production site during the MCO and also to ensure that the movement of these workers is restricted from home to JCH HDD’s factory and premises only.

In terms of hygiene protocol, JCY HDD should take daily body temperature readings of its employees at the factory and premises’ entrance, and each reading should be recorded and kept. Hand sanitizers must also be provided and the company must ensure the use of face masks by every worker.

Disinfection at the premises must also be carried out before each shift or operation begins, and be done three times a day, particularly in common areas such as the lobby, elevator, cafeteria, meeting rooms, prayer rooms, bus/worker transport area and indoor recreation centre.

Social distancing best practice guidelines must also be put in place and be implemented particularly in areas such as the production floor, cafeteria/canteen, meeting rooms, prayer rooms, and multipurpose hall.

In the event a worker is reported to be infected with COVID-19, JCY HDD will be responsible for the full costs of all medical expenses, the process of decontamination of premises and other related costs.

Shares in JCY closed up 0.5 sen or 2.6% at 19.5 sen, valuing the company at RM407 million.

Source: The Edge Markets

Posted on : 02 April 2020