Import alert Published Date: 11/19/2018 it seems Comfort Glove Bhd has been removed.
Kudos to the management. It is not an easy step. Level 1 import alert need at least 5 consecutive shipment without flaw (five consecutive non-violative shipments analyzed....), then after alert has been removed, CGB need to maintain at least 24 months, without flawed shipment.
"..Similarly, if a manufacturer/shipper that has been removed from Level 1 detention has a violative sample analyzed by FDA within 24 months from the date they were removed from Level 1 detention, the district should notify DIOP and submit supporting documentation. DIOP will verify the manufacturer/shipper was listed under Level 1 detention during the past 24 months and if confirmed will place the manufacturer/shipper on Level 2 detention and identify the manufacturer/shipper on the Red List with two asterisks (**) in the notes field..."
There are many malaysia exporter company are in the FDA import list at Level 1, Level 2 and Level 3...and glove companies that are not concern about the inspection detention.
CGB need to improve the QA & QC.
With newly acquired company with glove export permit, expansion and growth is clearly can't be stopped...:)
16-Nov-2018 Insider DATIN GOH KIM KOOI (a substantial shareholder) acquired 2,000 shares on 15-Nov-2018. 16-Nov-2018 Insider DATIN GOH KIM KOOI (a substantial shareholder) acquired 70,000 shares on 13-Nov-2018. 16-Nov-2018 Insider DATO LAU ENG GUANG (a substantial shareholder) acquired 2,000 shares on 15-Nov-2018. 16-Nov-2018 Insider DATO LAU ENG GUANG (a substantial shareholder) acquired 70,000 shares on 13-Nov-2018.
leong hup doing an ipo soon. The Lau family going to pump in the excess money into comfort. They may invite private equity to privatise comfort just like what they did on leong hup last time.
Remain focused on investing in sound business like comfort, run by strong management, with good prospects that have the potential to deliver income and growth.
oil price down, raw material price also down. us dollar strong. Profit will also getting stronger.
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Posted by freddiehero > 2018-10-25 07:33 | Report Abuse
tis would b 0.75 soon