Equity Analysis /
Malaysia

MY : SKP Resources Bhd - Alleviation of social risks a key positive

    CGS-CIMB
    2 June 2022
    Published by

    A social compliance audit conducted on SKP’s operations by a third-party auditor has concluded that SKP adheres to ethical labour practices. The audit findings indicated that SKP fully reimbursed all recruitment fees paid by its foreign workers and addressed issues of working overtime. We view this as a positive development as it should alleviate some of the social risks plaguing the EMS sector in the past few months.