Is GKent late in the glove game?


George Kent Tan Kay HockBoth GKent and Johan have the same major shareholder, Tan Sri Tan Kay Hock.(pic)

WHILE the global glove shortage is expected to sustain until 2023, one wonders whether George Kent (M) Bhd’s (GKent) recently-announced entry into glove manufacturing is late in the game.

The new venture, in collaboration with Johan Holdings Bhd, would see the commercial rollout of its first glove production line in August 2021, but it would take until mid-2023 for all 42 production lines to be commissioned as planned.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

George Kent , gloves , manufacturing , Tan Kay Hock ,

   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read