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The Edge
Dyson terminates its relationship with ATA IMS over labour practices
A Ananthalakshmi & Liz Lee/Reuters
November 25, 2021 22:01 pm +08
KUALA LUMPUR (Nov 25): High-tech home appliance maker Dyson Ltd told Reuters it had cut ties with supplier ATA IMS Bhd, following an audit of the Malaysian company’s labour practices and allegations by a whistleblower, sending ATA shares plunging.
ATA, which is already being investigated by the United States over forced labour allegations, confirmed Dyson has terminated its contracts and that it has been in talks with its customer over the audit findings. It had previously denied allegations of labour abuse.
Shares in ATA, which makes parts for Dyson’s vacuum cleaners and air purifiers, tumbled 30% to their lowest since April 2020, after the Reuters report. According to ATA, Dyson accounts for almost 80% of its revenue.
https://www.theedgemarkets.com/article/dyson-terminates-relationship-ata-ims-over-labour-practices
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