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Karex faces more challenges ahead

Condom manufacturer Karex Bhd, which reported plunging profits in recent quarters, still sees headwinds ahead but remains unfazed, stating that its business is a long-term venture.

Business

Karex shares under pressure, although fundamentals remain intact

AFTER a good run in the last three years, Karex Bhd seems to have now lost some favour of investors. Concerns are growing over the medium-term prospects of the condom and rubber product manufacturer that has posted five consecutive quarters of earnings decline.

Views

Looking back on a decade of writing

IT IS hard to believe that it has been more than 10 years since this column appeared in the pages of StarMetro. The Bangsar Boy was a small idea that was born over (possibly) sirap ais and karipap, when I was telling my then-editor stories about mum’s obsession with computer games.

Business

Karex not affected by increase in latex prices

PORT KLANG: Condom maker Karex Bhd has not felt the rise of latex prices much as latex costs only constitute about 18% of the company’s total costs.

Business

Karex plans more acquisitions this year

PETALING JAYA: Condom maker Karex Bhd is planning for more acquisitions this year and is venturing into the online business via its newly acquired TheyFit LLC, a custom fit condom manufacturer.

Corporate News

Karex to acquire US-based TheyFit assets for RM5.5mil

KUALA LUMPUR: Karex Holdings Sdn Bhd, a wholly-owned subsidiary of Karex Bhd, has signed an asset purchase agreement to purchase certain assets from Georgia, US-based TheyFit LLC worth US$1.3mil (RM5.55mil).

Business

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.