BATU KAWAN (Jan 15): Tourism and property development outfit turned healthcare product manufacturer Iconic Worldwide Bhd, via its subsidiary Iconic Medicare Sdn Bhd, has launched a RM200 million glove and face mask manufacturing facility in Batu Kawan Industrial Park, Penang. “The factory, which is built on 5.5-acre land, is expected to yield a minimum production capacity of 3.3 billion pieces of gloves and 220 million pieces of disposable face masks per annum. Less than a month earlier, Iconic Worldwide secured a 510 (k) pre-market notification approval from the Food and Drug Administration (FDA) to distribute medical-grade gloves throughout the US. “We believe 30-40% will still be wearing face masks. On Saturday, Tan said there are no updates on whether Iconic Worldwide plans to venture into upstream operations, adding that the group will share future updates via filings to Bursa Malaysia.
