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.

Save 30% OFF The Star Digital Access

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 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

PNB, GLICs to develop 10 bumiputera champion firms by 2030
World Bank: Malaysia shows strong progress in reducing poverty, must now focus on inclusive growth
Nestl� for Healthier Kids marks 15th anniversary, aims for 500,000 students by 2030
Johor a top regional hotspot
Flooring to beat Malaysia’s heat
URA: Why it deserves support
E-invoice exemption threshold up to RM1mil starting 2026, says PM
Ringgit to remain steady, trade within 4.10-4.12 versus greenback next week
Majuhome� built to last
Genting’s high-stakes double-edged win

Others Also Read