KUALA LUMPUR: Condom maker Karex Bhd, which made an impressive debut on Bursa Malaysia today at RM2.34 for a 49-sen premium over its offer price of RM1.85, will invest RM10mil to double its production capacity to six billion pieces by end-2015 due to stiff demand.
"Condom is the industry where demand keeps growing with a total of 22.8 billion pieces purchased last year. By 2016, it is expected to be 30 billion pieces.
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