PDZ to venture into glove making

In a filing with Bursa Malaysia, PDZ said the proposed diversification into gloves making was expected to contribute significantly to the group’s future revenue and earnings.

KUALA LUMPUR: Loss-making container shipping firm PDZ Holdings Bhd is planning a scheme to raise as much as RM100mil for its glove manufacturing venture.

In a filing with Bursa Malaysia, PDZ said the proposed diversification was expected to contribute significantly to the group’s future revenue and earnings.