KUALA LUMPUR (March 9): Based on corporate announcements and news flow today, companies in focus on Wednesday (March 10) may include: Malaysian Resources Corp Bhd (MRCB), Serba Dinamik Holdings Bhd, Kanger International Bhd, Top Glove Bhd, Star Media Group Bhd, KESM Industries Bhd, MMAG Holdings Bhd, Scientex Bhd, Media Prima Bhd, Komarkcorp Bhd, Daibochi Bhd and Complete Logistics Services Bhd.
Malaysian Resources Corp Bhd (
MRCB) is set to make its mark in New Zealand via a partnership with Panuku Development Auckland to develop the Aotea Central Over Station Development with a gross development value of RM1.3 billion (NZ$452 million) in Auckland City Centre. The urban regeneration development above City Rail Link s Aotea Station spreads across 1.08 acres with a total gross floor area of approximately 45,292 square metres.
Fintec building new medical gloves factory in Malaysia
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Kuala Lumpur – Fintec Glove has appointed engineering group Pasukhas to construct a 3 billion pieces/year plant for the manufacture of nitrile medical gloves.
Equipped with 14 dipping lines, the RM60-million (€12.3 million) facility is to supply European markets under a deal with distributor Robayu Corp., parent group Fintech Global said 27 Jan.
Construction work was expected to start on 1 Feb, with production scheduled to begin just six months later at the plant, located on a 4.6-acre area of land at Ipon, Perak.
Fintec Glove’s manufacturing capacity will reach 32,000 pieces per hour and is projected to exceed 3.3 billion pieces per annum, according to the Malaysian investment group.