Media briefing session on Mah Sing's glove manufacturing ventures. From left to right: Mah Sing Chief Executive Officer Datuk Ho Hon Sang, Datuk Seri Mohd Redzuan Md Yusof, Mah Sing Founder & Group Managing Director, Tan Sri Leong Hoy Kum and Mah Sing Healthcare General Manager Lawrence Khoo. — LOW LAY PHON/The Staris planning to list its manufacturing division abroad within five years after it sets up its glove-making division.
Mah Sing is expecting rubber gloves to contribute at least 25% or more to its net profit for the financial year ending Dec 31,2021. It will have a maximum capacity of up to 3.68 billion pieces of gloves per year – at a speed of 38,000 pieces of gloves per production line per hour, the company said. The second phase could accommodate 12 more new production lines and increase the capacity to 3.68 billion more pieces of gloves per year, the company said.
“Even now, it’s improving. Confidence is coming back and we will deliver more products and continue land-banking, ” Leong said.