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Top Glove Corp Bhd signed an agreement to acquire 100% of GMP Medicare Sdn Bhd for RM24.1 million cash. GMP operates a latex glove factory in Lukut, Negri Sembilan with 11 production lines and capacity of 500 million pieces per year.
“The acquisition will be financed via internally generated funds.”theedgemalaysia.com
Summarized from public sources; check the original articles before acting on it.