The Board of Directors of Mobilia wishes to inform that on 23 April 2021, an employee of Mobilia International Sdn. Bhd. (“MI”), a wholly-owned subsidiary of Mobilia, had reported to be infected by COVID-19 after developing symptoms and further confirmed by a screening test. MI had on 24 April 2021 voluntarily underwent a full COVID-19 screening for all its employees, inclusive of both foreign and local employees, at its factories located in the Bukit Bakri, Muar, Johor (“Screening”). This Screening exercise had revealed that some of MI’s employees were tested positive for COVID-19. All employees in the affected premise are currently placed under quarantine and isolation.

MI is cooperating and working closely with Kementerian Kesihatan Malaysia (“KKM”) to implement the mitigating steps to contain the spread of COVID-19 at the premise, as well as to safeguard the health of MI’s employees who may have been exposed to the virus.

MI had also been instructed by KKM to temporarily suspend the operations from 26 April 2021 until 2 May 2021 or to be further advised by KKM.

Impact on operations

The management foresees that the temporary suspension of business shall delay the shipment of several sales orders to its customers. The management is currently in discussions with the respective customers for the extension of time to deliver the goods and expects that there will not be any adverse impact to the Group in view of the long-term relationship with the respective customers. After the recommencement of business, the Company expects to be able meet the demand of its customers via overtime to be taken by its workers.

Impact on financial performance

Save for the cost incurred from swab tests, disinfection process, rental of temporary quarantine space, meal allowances, and the overtime expenses required when operations resumes, the Company does not expect any material impact to its financial performance.

Impact on earning prospects

Barring any prolonged interruptions or closure of the affected premise’s operations of MI, the Board does not expect any material adverse impact on the revenue or the earnings of the Group for the financial year ending 2021.

Strategy and steps taken to address the impact of COVID-19

The Company will continue to adhere to the Government’s guidelines and SOP to minimize the impact of Covid-19 to its staff and business operations moving forward.

This announcement is dated 26 April 2021.