BRIEF-Om Holdings Announces Potential Raw Material Supply Chain Disruption

Reuters

4 February 2020 at 8:25 pm

Feb 5 (Reuters) - OM Holdings Ltd:

* ANNOUNCES POTENTIAL RAW MATERIAL SUPPLY CHAIN DISRUPTION

* DECIDED AS AN INTERIM PRECAUTIONARY MEASURE TO IDLE 2 OUT OF ITS 10 FERROSILICON FURNACES UNTIL FURTHER NOTICE

* THERE IS A POTENTIAL RISK OF DISRUPTION TO SUPPLY CHAIN OF RAW MATERIALS TO FLAGSHIP SMELTER COMPLEX IN SARAWAK, MALAYSIA

* REMAINING FURNACES ARE CONTINUING TO OPERATE RELYING UPON EXISTING RAW MATERIAL INVENTORY AT PLANT

* CONTINGENCY PLANS FOR SHORT TERM FORMULATED TO MITIGATE POTENTIAL RAW MATERIAL DISRUPTION Source text for Eikon: Further company coverage:

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