Inix to commission more glove lines 10 Jan 2021 / 17:33 H.
PETALING JAYA: Inix Technologies Holdings Bhd is planning to commission more glove production lines at L&S Gloves Sdn Bhd’s Selangor factory, in which its subsidiary Inix Glove Manufacturing Sdn Bhd acquired a 51% stake last month.
Inix Glove signed a 10-year lease agreement with L&S Gloves, which will allow it to add two more production lines next month. L&S Gloves currently has two production lines.
“Thereafter, Inix would add two production lines every three months until a total of 14 production lines are commissioned,” said L&S Gloves director Teo Yoek Leong.
KUALA LUMPUR (Dec 22): Property development and construction firm Jiankun International Bhd, which announced a series of boardroom changes today, has appointed former attorney-general (AG) of Malaysia Tan Sri Mohamed Apandi Ali as its independent and non-executive chairman with immediate effect.
With over 46 years of experience in the legal field, the 70-year-old has also been back in legal practice at his own firm, namely Apandi Ali & Co, since Nov 1, 2018, according to Jiankun in a filing with Bursa Malaysia.
Apandi was the AG between July 27, 2015 and June 4, 2018. At Jiankun, he is replacing Datuk Donald Lim Siang Chai, 65, who has been redesignated as the executive deputy chairman. Lim was formerly the deputy finance minister.
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KUALA LUMPUR (Dec 18): Jamal, Amin & Partners (JAP) has resigned as the external auditor of DGB Asia Bhd with effect from last Wednesday (Dec 16), due to “manpower issues”, according to the company’s filing to Bursa Malaysia.
It is worth noting that JAP also resigned as auditor of both Inix Technologies Holdings Bhd, which has stepped into the limelight after it announced its venture into rubber glove manufacturing business, and SMTrack Bhd on the same day.
SMTrack said the resignation of the auditor is on a “voluntary basis”, while there was no specific reason given from Inix’s filing.
The boards of all three companies are “not aware of any matters that need to be brought to the attention” of the companies shareholders, according to a filing with Bursa Malaysia two days ago.
KUALA LUMPUR (Dec 10): Inix Technologies Holdings Bhd’s former chairman Wan Kuok Koi has been blacklisted by the US due to his activities at the helm of the 14K Triad, according to a report.
Reuters reported that the US had slapped sanctions on Wan, who is the leader of the organised crime group involved in drug trafficking, illegal gambling, racketeering, human trafficking and other criminal activities.
He is also reportedly a member of the Chinese Communist Party’s (CCP) Chinese People’s Political Consultative Conference (CPPCC). A spokeswoman with China s foreign ministry has refuted the claim.
The US Treasury also designated three entities owned or controlled by Wan, namely Cambodia-based World Hongmen History and Culture Association, Hong Kong-based Dongmei Group and the Palau China Hung-mun Cultural Association in Palau.