Top Glove unit forms joint venture


TUESDAY, JUNE 21 KUALA LUMPUR- Release of Bank Negara's foreign reserves as at 15 June 2016 at 1800 (1000 GMT) KUALA LUMPUR- Dewan Negara sitting at 1000 (0200 GMT) Top Glove Corp Bhd's(pic) media briefing on its third-quarter financial results at Shah Alam, Selangor at 1030 (0230 GMT)

PETALING JAYA: Top Glove Corp Bhd’s unit will form a joint venture with Japanese company Fimatec Ltd to produce rubber reinforcing agent for use in the manufacturing of gloves.

The glove manufacturing company said in a statement that its wholly owned subsidiary, Top Glove Sdn Bhd, would own a 70% stake in the proposed joint-venture company, while Fimatec would own the remaining 30% stake.

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Business , Top Glove , venture , Japanese , Fimatec , stocks , shares ,

   

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