Malaysian glove maker Harps said to weigh US$500m IPO


Harps is seeking a listing on the back of strong demand for gloves during the Covid-19 coronavirus pandemic.

KUALA LUMPUR: Malaysian glove maker Harps Holdings Sdn Bhd is weighing an initial public offering in Kuala Lumpur to raise about US$500mi (RM2.10bil), according to people with knowledge of the matter.

The company is working with advisers on the potential first-time share sale, which could take place as soon as the first half of next year, the people said.

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