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KUALA LUMPUR (AFP): A global condom shortage is looming as the coronavirus pandemic shutters factories and disrupts supply chains, the world’s top maker of the contraceptives said, with the United Nations warning of “devastating” consequences.
KUALA LUMPUR: Condom manufacturer Karex Bhd posted net losses attributable to shareholders of RM167,000 in the first quarter ended Sept 30,2019 compared with RM1.98mil a year ago due to high raw material prices.
TOKYO (Reuters) - As Japan gears up to host the Rugby World Cup and Olympic Games in consecutive years, many businesses are seizing on the opportunity to capitalise on the influx of tourists, media and athletes for both big events.
PETALING JAYA: Malaysia’s dominance in supplying global demand for condoms and rubber gloves could end if the freeze on foreign workers is not lifted.
Analysts say M&A activity can be a catalyst for the condom maker
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.