The foray was expected to expand Jiankun’s revenue substantially, according to Tan Sri Mohamed Apandi Ali, (file pic) who was appointed as Jiankun’s chairman effective yesterday.
PETALING JAYA: Property developer Jiankun International Bhd
is venturing into the production of nitrile rubber for the booming rubber glove industry via a collaboration with Chuanplus Industries Sdn Bhd.
The partners will form a special-purpose company (SPV) to build a production plant in Klang, Selangor, with an investment of RM120mil.
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