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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.

Business

How far can Karex stretch?

Analysts say M&A activity can be a catalyst for the condom maker

Business

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

CIMB Research retains Add rating for Karex

KUALA LUMPUR: CIMB Equities Research is maintaining its Add rating on Karex, with strong earnings growth and potential earnings upside from the proposed acquisition of Global Protection as re-rating catalysts.

Business

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).