Jerasia Capital to raise RM228m for gloves venture


KUALA LUMPUR: Jerasia Capital Bhd plans to undertake a corporate exercise involving a rights issue with free warrants to raise a minimum of RM228mil to help fund its venture into the manufacturing and trading of gloves.

The company views glove manufacturing as the next step as it expands its foray in the personal protection equipment (PPE) as it shifts away from the manufacturing and exporting of fashion apparels and accessories.

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Jerasia Capital , gloves , Pronob Sen Gupta

   

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