Perhaps the comparatively low valuation ascribed to Rubberex is because of this fact - it is largely seen as an industry glove maker, whereas the big boys such as Top Glove Corp Bhd and Hartalega Holdings Bhd are in the business of making medical gloves whose demand has surged in light of the outbreak of the coronavirus, which is climbing across China and beyond. That though is not entirely correct, points out the managing director of the Ipoh-based company, Khoo Chin Leng.
Of all the listed rubber glove makers that have enjoyed renewed investor interest in recent weeks, Rubberex Corp (M) Bhd sticks out for a few reasons.
For one, it remains the lowest valued.
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