Komarkcorp signs distributorship agreement with LKL


KUALA LUMPUR: Komarkcorp Bhd subsidiary Komark Mask (M) Sdn Bhd has entered an agreement with LKL Advance Metaltech Sdn Bhd for the distribution of Komark Mask's disposable medical grade face masks wordwide.

"Both parties view the international export market for medical grade and certified masks as a huge market, as the world struggles to cope with the Covid 19 pandemic and other related respiratory viral infections.

"Moreover, Asean economies such as Indonesia and India have high air pollution levels. Extensive adoption of protective masks is expected to follow suit throughout the globe, as seen from Asia's experience with SARS in 2003," Komarkcorp said in statement.

The two parties aim to secure a significant slice of the regional market, which research have projected to rise up to US$2bil by 2026, it added.

Komarkcorp has this year begun implementation of its diversification into mask and Personal Protective Equipment (PPE) manufacturing, with its own facility in Balakong capable of housing up to 50 mask lines with a potential capacity of up to 60m disposable masks a month.

The company currently has three operating masks lines and is about to install a further five lines within the next 60 days to cater for growing export demand.
Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 18
Cxense type: free
User access status: 3

Komarkcorp , Komark Mask , LKL , face masks

   

Did you find this article insightful?

Yes
No

Next In Business News

Biggest players in short-selling are getting a pass
Nothing the stock market does ever scares retail daredevils
US Senate passes US$1.9 trillion relief bill
AirAsia Group plans air taxi, drone delivery service
Tengku Zafrul: Govt tapping into more data for effective aid
AirAsia recovering well via digital transformation
Texas grid operator made $16bil price error during winter storm, watchdog says
CPO futures to see quiet trading next week
Boeing 737 MAX declared emergency after engine shutdown, lands safely
Senate stalls on Biden's US$1.9tril COVID aid bill over jobless benefits fight

Stories You'll Enjoy


Vouchers