Glove counters fall further on ringgit strengthening


Chairman Tan Sri Dr Lim Wee Chai said that while the company was headed towards automation in its 27 plants, the new levy rate system announced by the Government recently was very sudden and didn

KUALA LUMPUR : Shares of glovemakers plunged to new year-to-date lows on margin compression concerns as the ringgit appreciated to as high RM4.08 against the dollar today, or its highest since August last year.

 

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