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Inix Technologies Holdings Bhd and L&S Gloves Sdn Bhd plan to commission an additional two latex glove production lines by February 2021, complementing the existing two lines. The companies aim to eventually commission 14 production lines with a capacity of over 110 million pieces of latex gloves per month.
Inix Technologies Holdings Bhd entered into a memorandum of agreement on 7 December 2020 to acquire a 51% equity interest in L&S Gloves Sdn Bhd for an investment of RM50 million. The definitive agreement is at an advanced stage.
| Site | Largest | Latest |
|---|---|---|
| Beranang, Malaysia | 2021-01-10 |