Do you think they will actually cut headcount at Malmesbury or do you think Singapore will have some token number of staff working there to qualify as the HQ for tax qualification reasons?
Bizarrely being in South East Asia has benefitted them already this year, because they manufacture in Malaysia and not China they’re exempt from Trumps manufacturing tariffs (for now at least)
Do you think they will actually cut headcount at Malmesbury or do you think Singapore will have some token number of staff working there to qualify as the HQ for tax qualification reasons?
Bizarrely being in South East Asia has benefitted them already this year, because they manufacture in Malaysia and not China they’re exempt from Trumps manufacturing tariffs (for now at least)