Monday, January 17, 2011

AIC Corp reports fire incident at plating unit in Penang plant

KUALA LUMPUR: AIC CORPORATION BHD [] reported that fire broke out at its unit, Prodelcon Sdn Bhd in Bayan Lepas, Penang on Sunday, Jan 16.

The company said on Monday, Jan 17 the fire occurred at the plating department of Prodelcon at about 5.50am but there were no casualties.

Prodelcon's core activities are manufacturing high precision tooling, die-sets, semiconductor moulds and parts and high precision components, jigs and fixtures and the design and manufacture of turnkey automation system.

Based on the latest audited financial statements of the Company, which is for the financial year ended Dec 31, 2009, on a consolidated basis, Prodelcon is not a major subsidiary of the Company.

'The cause of the fire is still being investigated. This factory is insured with fire insurance and all consequential loss. Prodelcon will be making an insurance claim in respect of losses caused by the fire,' it said.


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