You are here

SUBSCRIBERS

Top Glove inks MOU to buy Eastern Press for RM47.25m

Its net profit for fourth quarter up 51% to RM98.6 million on higher sales across all regions

Singapore

MALAYSIA-BASED glove-maker Top Glove Corporation Bhd has entered into a memorandum of understanding on Friday to acquire Eastern Press Sdn Bhd for RM47.25 million (S$15.1 million) in cash, the same day that it announced a 51 per cent rise in net profit to RM98.6 million for the...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes