WARNING: SCAM ALERT

Sept 18, 2020, Fri: MARGMA warns of scammers, laments shortage of workers and materials

KUALA LUMPUR (Sept 18): The Malaysian Rubber Glove Manufacturers Association (MARGMA) has called for vigilance over unscrupulous individuals or companies masquerading as representatives of big bonafide manufacturers. 

Its president, Denis Low Jau Foo, said the association has urged its members to be proactive in tracking down scammers with the assistance of the police and private investigators.

“This act is clearly tarnishing the image of the industry and Malaysia. It has an adverse effect on the global trade economy,” he said in a statement today following a recent report by the Wall Street Journal about fake medical gloves being peddled in the United States.

At the same time, he called on buyers, distributors, and importers to understand that genuine manufacturers are doing their best to supply adequately, unlike the opportunist middlemen who exploit with fake promises.

“This industry is a mature and well-established industry where businesses and regular buyers are aware of genuine manufacturers, while newcomers are susceptible to scammers,” he said.

Low added that the supply and demand dynamics are lopsided due to the COVID-19 pandemic, but the industry is doing its best to churn out as many gloves as possible to meet the extraordinary demand across the globe.

MARGMA members are being hampered by several factors to make more gloves, and the major stumbling blocks causing the bottleneck are the huge shortage of workers and raw materials, he said.

Source: https://www.theedgemarkets.com/article/margma-warns-scammers-laments-shortage-workers-and-materials

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