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Business 09 Aug 2014 | 12:00 AM Premium

Karex buying into ‘The Safer Sex Company’ for RM21mil

PETALING JAYA: Karex Bhd has signed a memorandum of understanding (MoU) to buy a 55% equity interest in Global Protection Corp from founder and shareholder Davin Wedel for US$6.6mil (RM21.2mil).

Business 05 Dec 2015 | 12:00 AM Premium

ONE-way to break the taboo

IN many parts of Asia, there is still the underlying taboo on the topic of sex. Nevertheless, it is an important and necessary one as many are still oblivious to the dangers of unprotected sex.

Business 04 Oct 2014 | 12:00 AM Premium

Karex and Global Protection together as ONE for the long haul

JUST about a month shy of its first listing anniversary, Karex Bhd is locking in higher future gross profit margins with its 55% acquisition of US-based Global Protection Corp (GP), the company that consummated the ONE brand condoms.

Business 03 Oct 2014 | 3:27 PM Premium

Karex expects GP to accelerate growth

KUALA LUMPUR: Condom manufacturer Karex Bhd expects its newly-acquired Global Protection Corp (GP) to accelerate its annual sales growth to between 20% and 30% from the current 4%.