George Kent's Tan Kay Hock: “George Kent will be holding its EGM on June 8 and if approved, the glove venture will have the joint financial resources of both Johan and George Kent. ” Tan is the controlling shareholder of both companies.
WHILE there is scepticism over the viability of new players entering rubber glove manufacturing, Johan Holdings Bhd
reckons it has a strategy to make a success out of the business.
This includes, among others, building a new state-of-the-art facility that complies with all environment, social and governance (ESG) issues and using the latest technology which not only reduces the labour headcount but also enables it to achieve economies of scale to reduce production costs.
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