AllianceDBS Research in a report yesterday said it is encouraged by the acquisition, as it is a solid indication of the group’s commitment on its longer term expansion and growth.
PETALING JAYA: Hartalega Holdings Bhd
’s land acquisition for factory expansion is expected to ramp up the company’s capacity by more than 70%, boosting its glove production to 76 billion pieces per annum by 2029.
AllianceDBS Research in a report yesterday said it is encouraged by the acquisition, as it is a solid indication of the group’s commitment on its longer term expansion and growth.
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