VIP Gloves plans new factory in Kuala Lumpur to boost glove production

VIP Gloves Ltd plans to construct a new production facility in Beranang Industrial Park, Kuala Lumpur, Malaysia, with up to ten double-former lines and an annual capacity of 2.5 billion gloves. The cost is estimated at $25-30 million.

“We are very excited to begin the next phase of the company’s journey.”proactiveinvestors.co.uk

• 1 source
• proactiveinvestors.co.ukVIP Gloves will build a new factory to increase glove production | ASX:VIPDeepak SharmaNov 5, 2020

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