Gloves in numbers


The market capitalisation of Sime Darby Properties Bhd, SP Setia Bhd, Eco World Development Bhd, Mah Sing Group Bhd cumulatively is less than RM11bil. Kossan Rubber Industries Bhd’s market capitalisation is RM18.3bil while heavyweight Top Glove Corp Bhd commands a market capitalisation of RM64bil.

Going by the number of new players jumping into the fray, the glove play is here to stay for another year at least. The latest to join the glove bandwagon are property companies.

Titijaya Land Bhd and Aspen Group Holdings Ltd, two property-based companies are going into the healthcare sector, namely in gloves. Titijaya, in its announcement, stated it is diversifying into medical-related property development apart from going into manufacturing and distribution of medical devices, gloves and personal protection equipment (PPE).

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

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!
   

Next In Business News

Lagenda Properties' unit secures contract worth up to RM99.6mil
Icon Offshore secures four key agreements to drive portfolio growth and expansion
RHB, CGC ink Malaysia’s first LCTF portfolio guarantee agreement, valued at RM400mil
Solarvest secures RM142mil solar EPCC contract in Kedah
Allianz Malaysia posts 7.4% lower earnings of RM183.17mil in 3Q
Tex Cycle eyes M&A, ESG market expansion
Ringgit retreats after three days of gains
Sarawak Plantation posts 14.5% profit jump in 3Q, declares 15 sen dividend
MAHB raises RM1.6bil in oversubscribed sukuk wakalah
MNRB appoints Rudy as interim president & CEO

Others Also Read