Wedel (left) and Goh speaking to StarBizWeek.
JUST about a month shy of its first listing anniversary, Karex Bhd
is locking in higher future gross profit margins with its 55% acquisition of US-based Global Protection Corp (GP), the company that consummated the ONE brand condoms.
Chief executive officer Goh Miah Kiat believes Karex will start to see contribution from the ONE brand within this financial year ending June 30, 2015.
Already a subscriber? Log in.
Subscribe to The Star Yearly Premium Plan for 30% off
Cancel anytime. Ad-free. Full access to Web and App.
Monthly Plan
RM 13.90/month
RM 9.73/month
Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.
Best Value
Annual Plan
RM 12.39/month
RM 8.63/month
Billed as RM 103.60 for the 1st year, RM 148 thereafter.
