PETALING JAYA: Rubberex Corp (M) Bhd has announced that its proposed acquisition of Alliance Rubber Products Sdn Bhd’s glove business and entire production facilities, including plant, machinery, equipment, land and buildings, for RM113mil has been aborted by mutual consent.
The deposit of RM100,000 has been refunded by the vendor.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!