Hartalega to see more than 70% increase in capacity

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.