Inix acquires 51 pct stake in L&S Glove
Inix Technologies Holdings Bhd (Inix) will acquire 51 per cent stake in L&S Gloves Sdn Bhd (L&S Glove) as part of the former’s effort to penetrate into the lucrative rubber glove industry. KUALA LUMPUR: Inix Technologies Holdings Bhd (Inix) will acquire 51 per cent stake in L&S Gloves Sdn Bhd (L&S Glove) as part of […]
Inix marks maiden foray into glove industry with RM50m investment
L&S Gloves said the partnership with Inix would expand the factory line to 14 with a potential production of over 11 billion pieces of rubber gloves a month and secure a minimum profit of RM5 million monthly for the company. BERANANG, Dec 4 — ACE market-listed Inix Technologies Holdings Bhd has officially ventured into the […]
Trading ideas: MY EG Services, Widad, Yong Tai, Inix, PA Resources
Inix acquires 51% interest in L&S Gloves
INIX Technologies Holdings Bhd has signed an agreement to acquire a 51% equity interest in L&S Gloves Sdn Bhd, as part of its ongoing efforts to tap into the rubber glove industry. Inix in a statement today stated that the ACE Market-listed company had paid a 45% deposit to purchase L&S Glove, which has two […]
