Karex and Global Protection together as ONE for the long haul

Wedel (left) and Goh speaking to StarBizWeek.

JUST about a month shy of its first listing anniversary, Karex Bhd is locking in higher future gross profit margins with its 55% acquisition of US-based Global Protection Corp (GP), the company that consummated the ONE brand condoms.

Chief executive officer Goh Miah Kiat believes Karex will start to see contribution from the ONE brand within this financial year ending June 30, 2015.