Tough times for new and smaller glove makers


Murly: The group is currently evaluating various options on the future direction of AGSB.

TWO years ago, as medical glove prices skyrocketed to astronomical levels during the early months of the Covid-19 pandemic, a slew of companies in various industries announced their intent to venture into the business either via starting a new manufacturing plant, buying an existing glove maker, or adding a rubber glove trading unit.

The new entrants included Mah Sing Holdings Bhd, Johan Holdings Bhd, Singapore-listed Aspen (Group) Holdings Ltd, AT Systematization Bhd, Vizione Holdings Bhd, LKL International Bhd, Notion VTEC Bhd, Salcon Bhd and Luster Industries Bhd.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Alibaba, Abu Dhabi back AI startup MiniMax’s IPO
Foreign investors dump bonds amid rupee slide
NCT Alliance gets nod for acquisition
Beijing issues early 2026 investment plan�
Nor Zahidi continues as MPC member
Stronger outlook for card payments until 2029
Fini boss forecasts huge increase in nickel demand
Johor data centre water demand to accelerate
Official reserve assets total US$124bil, says BNM
KKR bid to take Yomeishu private is derailed by top shareholder

Others Also Read