Titijaya Land Bhd and Aspen Group Holdings Ltd, two property-based companies are going into the healthcare sector, namely in gloves. Kossan Rubber Industries Bhd ’s market capitalisation is RM18.3bil while heavyweight Top Glove Corp Bhd commands a market capitalisation of RM64bil. This does not include the increase in market capitalisation of the likes of Comfort Gloves Bhd and Careplus Group Bhd . Top Glove, which currently produces 78.7 billion pieces of gloves is expected to increase production to 106 billion by end of this year and touching 138 billion pieces by end of next year. Kossan Rubber is producing 32 billion pieces, up from the 29 billion pieces it produced at the end of last year.
Source: thestar August 15, 2020 01:52 UTC