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1-10 results from 354 for query «glove»

April 12, 2018 4:13 AM February natural rubber output up 14.9%

PETALING JAYA: Malaysia's natural rubber production increased by 14.9% in February 2018 to 63,246 tonnes from 55,039 tonnes in the previous month, according to Department of Statistics. However, on a a year-on-year basis, production decreased by 28.7%, it said in a statement. It said the average monthly price of latex concentrate and Standard Malaysian 6

April 4, 2018 11:36 AM Top Glove completes acquisition of Aspion

On January 2, 2018, Top Glove signed an SPA with Adventa Capital to acquire Aspion, one of the largest surgical glove producers globally, for a purchase consideration of RM1.37 billion. — Malay Mail picKUALA LUMPUR, April 4 — Top Glove Corp Bhd has completed the acquisition of Aspion Sdn Bhd, an exercise which will see the company emerge as the world’s 19

March 18, 2018 11:25 AM Top Glove to launch condom brand

SHAH ALAM: The world’s largest glove manufacturer Top Glove Corp Bhd plans to launch its own condom brand Top Feel by year-end and will emulate its glove business model for its condom business, where 80% will be catered for original equipment manufacturers. Chairman Tan Sri Dr Lim Wee Chai said the group intends to start condom production by June or July this year and is also looking 7

March 16, 2018 3:33 AM Top Glove inks US$310m syndicated credit facilities for Aspion acquisition

SHAH ALAM: Top Glove Corp Bhd this morning signed a US$310 million unsecured syndicated credit facilities agreement with a consortium of eight banks. This represents the largest syndicated credit facility closed by Top Glove, the proceeds of which will be used for the acquisition of Aspion Sdn Bhd for RM1.37 billion. The syndication was led by Citibank 10

March 12, 2018 10:35 AM Kossan buys land in Perak for RM82m

PETALING JAYA: Kossan Rubber Industries Bhd's subsidiary Premium Medical Products Sdn Bhd (PMP) has acquired two pieces of land in Perak measuring in total 824.11 acres for RM82.42 million cash from Perbadanan Kemajuan Negeri Perak (PKNP). PKNP is a body corporate established under the Perak State Development Corp Enactment 1967. Both pieces of land will be utilised 13

March 12, 2018 4:30 AM Hartalega gets shareholders' nod for bonus issue

KUALA LUMPUR: Hartalega Holdings Bhd has received approval from shareholders for its bonus issue of up to 1.71 billion new shares. The bonus issue is on the basis of one bonus share for every one existing share held by shareholders. Managing director Kuan Mun Leong said the bonus issue will enable the company to enhance liquidity and provide shareholders 16

March 8, 2018 7:53 AM Top Glove shareholders approve Aspion acquisition

The Top Glove 23-Storey Tower Grand Opening ceremony by Sultan Sharafuddin Idris Shah at the Top Glove factory. — Malay Mail picKUALA LUMPUR, March 8 — Top Glove Corporation Bhd’s proposed RM1.37 billion acquisition of Aspion Sdn Bhd will pave the way for the company to emerge as the world’s largest surgical glove manufacturer. Executive Chairman Tan Sri Lim Wee Chai said the company 15

March 8, 2018 2:37 AM Wealth of tycoons on 2018 Forbes Malaysia Rich List soars

SINGAPORE: The wealth of tycoons on the 2018 Forbes Malaysia Rich List soared over the past year. A 6.6% rise in the Kuala Lumpur Composite Index over the past year and a 13.1% appreciation in the ringgit's value against the dollar helped boost most of the tycoons' fortunes. Overall, 34 listees saw their wealth increase while only six experienced a decline 19

January 29, 2018 12:52 PM HLT Global to use IPO money to upgrade dipping lines, set up new line

PETALING JAYA: HLT Global Bhd, which was listed in January 2017, proposes a variation to its initial public offering (IPO) proceeds to upgrade its eight glove-dipping lines and set up a new line, which are in line with its plans to diversify into the downstream glove manufacturing business. Today, HLT also signed a conditional sale of shares agreement 10

January 15, 2018 3:37 AM HLIB maintains ‘buy’ call on Top Glove

In a note, HLIB increased Top Glove’s target price to RM9.95 from RM8.47. — Malay Mail picKUALA LUMPUR, Jan 15 — Hong Leong Investment Bank (HLIB) has maintained a “buy” call on Top Glove Corporation Bhd on the back of an earnings accretive acquisition. In a note, HLIB increased Top Glove’s target price to RM9.95 from RM8.47. The research firm said Top Glove 21