KUALA LUMPUR: Metrod Holdings Bhd today announced that a fire incident occurred at one of the company's rod casting lines at about 4.35pm, on September 22, 2023.
Metrod is a manufacturer of oxygen free copper rod, wire and strip in Malaysia.
In a filing with Bursa Malaysia Securities, the company said the fire has since been put out, with no injuries and fatalities reported.
The fire department and insurance representatives are still conducting investigation to ascertain the cause of the fire. Metrod said all assets are adequately covered by insurance for business interruption loss.
The company has yet to ascertain the full financial and operational impact and consequences of the incident and will make further announcements whenever there is new development as well as any significant financial impact on the insurance claim.
The company's share price was up 2.3 per cent to RM1.31 a share, at midday.
