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Business

Condoms lift Malaysian rubber

KUALA LUMPUR: Karex Industries Sdn Bhd, the worlds biggest condom manufacturer, will expand capacity after selling shares next year, boosting Malaysias bid to rejuvenate its rubber industry amid competition from Thailand and Vietnam.

Business

Market for condom expanding

GOH Miah Kiat, chief executive officer of Bursa Malaysia-bound Karex Bhd, walks a few reporters through the company’s factory in Port Klang, to disclose how condoms are made and the rigorous tests they go through to ensure that they are “up to mark.”

Business

Condom producer Karex Bhd to issue 40.5m new shares under IPO

KUALA LUMPUR: Karex Bhd is issuing 40.5 million new shares and it also offering for sale 27 million existing shares under its listing exercise.

Business

Condom producer Karex targets world market, plans expansion

KUALA LUMPUR: World's largest condom manufacturer, Karex Bhd, en route to a listing on Bursa Malaysia on Nov 6, aims to raise RM75mil from the sale of its 40.5 million new shares at RM1.85 each.

Business

Karex IPO to raise RM75m

KUALA LUMPUR: Karex Bhd, the world’s largest condom maker, expects to raise RM75mil from its initial public offering (IPO) on the Main Market of Bursa Malaysia on Nov 6, 2013.

Business

Condom maker Karex opens sharply higher at RM2.34

KUALA LUMPUR: Condom maker Karex Bhd made a strong debut on the Main Market of Bursa Malaysia on Wednesday, opening at RM2.34, which was 49 sen above IPO price of RM1.85.

Business

Karex to invest RM100mil to boost condom output to 6 billion pieces

KUALA LUMPUR: Condom maker Karex Bhd, which made an impressive debut on Bursa Malaysia today at RM2.34 for a 49-sen premium over its offer price of RM1.85, will invest RM10mil to double its production capacity to six billion pieces by end-2015 due to stiff demand.

Business

Barakah and Karex buck trend

KUALA LUMPUR: Barakah Offshore Petroleum Bhd and Karex Bhd, two debutants on the Main Market of Bursa Malaysia, bucked the trend and beat analysts’ expectations.

Business

Karex proposes bonus issue

PETALING JAYA: Condom maker Karex Bhd has proposed a bonus issue of 135 million new shares of 25 sen each on the basis of one bonus share for every two existing Karex shares held.

Business

Karex to build RM80mil factory in Johor

KUALA LUMPUR: Home-grown condom manufacturer, Karex Bhd, is spending about RM80mil to build a new factory in Pontian by end-2014 as part of its expansion plan.