Hartalega to invest RM7bil in Kedah


Hartalega chief executive officer Kuan Mun Leong (pic) said the project will be done in two phases, with eight plants each. The first production line under Phase One is expected to be operational in 2024.

PUTRAJAYA: Glove maker Hartalega Holdings Bhd aims to bring its production to 143 billion pieces of gloves annually once its new manufacturing facilities are fully operational in 20 years time.

Hartalega has set its sights on Kedah to build 16 new manufacturing facilities over the next two decades, with an investment of RM7bil, and once completed, it is expected to contribute more than 5% of the state’s gross domestic product.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Hartalega , Kuan Kun Leong , Kedah , invest , manufacturing , gloves ,

   

Next In Business News

FBM KLCI sinks deeper at midday, energy stocks gain amid Middle East tensions
HLIB: Banking system continues to be strong, well-positioned to weather shocks
Energy stocks rise as crude oil prices climb; Bursa Malaysia Energy Index jumps 29.63 points
Dollar poised for largest weekly gain since April, jobs report in focus
IATA: Global passenger demand up 8.6% in August
Tengku Zafrul: Anwar's Pakistan state visit secures RM2.65bil in trade deals
Short selling in Pertama Digital suspended for second day in a row
Bursa Malaysia lower in early trade, tracking weak Wall Street
Ringgit opens higher vs greenback as investors await NFP data
Trading ideas: MyEG, Lay Hong, Maybank, Harrisons, Atlan, Velesto Energy

Others Also Read