KUALA LUMPUR (April 27): Greenyield Bhd refuted claims made in an article published on the Facebook social media platform and Telegram messaging app in a filing with Bursa Malaysia today.
The firm, which deals with agricultural and horticultural products and services, said information found in the article titled “GREENYB (0136) – Unsung hero for Gloves and condoms!” is wrong as it is not a latex producer.
The article claims that the company is the largest latex producer on Bursa, and soon the whole of Malaysia, among others.
“Greenyield has recently included rubber plantation activities as one of the business activities of the group,” it clarified.
The acquisition was part of its diversification into rubber plantation, production, processing, distribution and related businesses, it said.
As at 3.28pm today, Greenyield's share price was unchanged at 14 sen apiece, with 8.33 million shares traded. Its market capitalisation stood at RM46.72 million.