HONG KONG: Kingmaker Footwear Holdings Limited has resumed production at the group’s factory in Binh Duong Province, Vietnam. Kingmaker Footwear had earlier notified temporary production halt at the factory after the report of local COVID-19 cases.
The Board advised the shareholders and potential investors of the Company that, after satisfying all reopening conditions imposed by the local authorities, the affected factory resumed partial production on 11 October 2021.
About 30 per cent of the total number of employees at the affected factory have already returned to work, and the Group estimates the factory’s workforce will be increasing gradually to over 60 per cent of the full capacity by the end of October.
Kingmaker Footwear has adopted preventive measures that are more stringent than the requirements imposed by the local authorities. All employees returning to work must have received at least one dose of COVID-19 vaccination and provide negative COVID-19 test results.
To ensure the ongoing health and safety of the workforce, all employees working at the affected factory will be required to undertake two rapid tests per week, in addition to daily temperature checks. Should any suspected or confirmed COVID-19 cases be identified, the infected employee will be isolated immediately and sent to hospital for treatment. The Board will continue to monitor the progress of production resumption at the affected factory.
Kingmaker Footwear Holdings Limited is an investment holding company principally engaged in the footwear manufacturing business. The Company operates through two business segments: manufacturing and sale of footwear products segment and retailing and wholesaling business segment.