Hartalega allocates RM630mil capex

Hartalega's managing director Kuan Mun Leong shows 'First-of-its-Kind Glove Manufacturing Facility' during a media visit to the factory yesterday. - The Star

SEPANG: Hartalega Holdings Bhd, the biggest rubber glovemaker by market capitalisation, will invest more money for expansion with a RM630mil allocation for capital expenditure for the next three years.

The company’s managing director Kuan Mun Leong continues to be optimistic on the prospects of the rubber glove industry, and expects the demand outlook to soon recover and favour suppliers.