Hartalega spends RM263mil on land purchase for factory expansion


KUALA LUMPUR: Hartalega Holdings Bhd is making room to expand its glove manufacturing facilities in Sepang, as the global pandemic boosted demand.

The company, in a filing with Bursa Malaysia today, said it has agreed to purchase 38.49 hectares of land located near its complex in Sepang for RM263.1mil.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Hartalega , glove

   

Next In Business News

Bursa Malaysia seeks feedback on depository rules for electronic CDS statements
Southern Cable wins RM172.57mil cable supply contract
Bursa Malaysia higher at midday, boosted by year-end window dressing
China's yuan nears key threshold, set for third straight yearly loss in 2024
South Korean won drops to lowest level since March 2009; stocks ease
Cocoa, pepper continue resilient performance in 2024, positive outlook in 2025
Dollar stays resilient, Asia shares get festive lift
Automotive sector revs up to another resilient performance in 2024 as first national EV debuts
Life Water sees active trading, falls 1.61%
Coastal Contracts rises 8.44%, secures solar project in Sabah

Others Also Read