Salcon acquires 51% stake in JR Engineering and Medical Technologies for RM28.56M

Salcon Bhd is acquiring 51% equity in glove manufacturer JR Engineering and Medical Technologies for RM28.56 million, with a profit guarantee of RM10 million per annum for 2021-2023.

“Salcon Bhd is acquiring 51% equity in glove manufacturing company JR Engineering and Medical Technologies (M) Sdn Bhd for RM28.56mil.”thestar.com.my

• 1 source
• thestar.com.mySalcon buys 51% stake in glove maker for RM29mil | The StarToh Kar InnNov 12, 2020

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