Rubberex subsidiary buying glove maker for RM113m


KUALA LUMPUR: Rubberex Corporation Malaysia’s subsidiary is buying Alliance Rubber Products Sdn Bhd' glove business and plant for making disposable nitrile and latex gloves in a RM113mil deal.

It said Rubberex Alliance Sdn Bhd, formerly Biogreen Medical, was buying the facilities in the Bukit Panchor industrial area in Nibong Tebal, Penang.

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