LUSTER

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OTHERS LUSTER INDUSTRIES BHD (LUSTER OR THE COMPANY) EXECUTION OF AGREEMENT BETWEEN GLOVCONCEPT SDN BHD, A 60% OWNED SUBSIDIARY OF GLOVMASTER SDN BHD, WHICH IN TURN A 56% OWNED SUBSIDIARY OF LUSTER, AND AMERICAN NITRILE LLC FOR THE PROVISION OF ENGINEERING, PROCUREMENT, CONSTRUCTION and COMMISIONNIG ( EPCC ) AND GLOVE TECHNOLOGY SOLUTION CONSULTING IN RELATION TO GLOVES PRODUCTION LINES IN UNITED STATES

LUSTER INDUSTRIES BHD.

Type Announcement
Subject OTHERS
Description
LUSTER INDUSTRIES BHD (LUSTER OR THE COMPANY)
EXECUTION OF AGREEMENT BETWEEN GLOVCONCEPT SDN BHD, A 60% OWNED SUBSIDIARY OF GLOVMASTER SDN BHD, WHICH IN TURN A 56% OWNED SUBSIDIARY OF LUSTER, AND AMERICAN NITRILE LLC FOR THE PROVISION OF ENGINEERING, PROCUREMENT, CONSTRUCTION and COMMISIONNIG ( EPCC ) AND GLOVE TECHNOLOGY SOLUTION CONSULTING IN RELATION TO GLOVES PRODUCTION LINES IN UNITED STATES

The Board of Directors (“Board”) of Luster Industries Bhd (“Luster” or the “Company”) wishes to announce that Glovconcept Sdn Bhd (“GSB” or “1st Party”), the 60% owned subsidiary of Glovmaster Sdn Bhd (“Glovmaster”), which in turn the 56%-owned subsidiary of the Company had on 12 April 2021 entered into a Agreement with American Nitrile LLC (“AN” or “2nd Party”) to provide Engineering, Procurement , Construction and Commissioning (EPCC)  and Glove Technology Solution Consulting in relation to Gloves Production Line at 3500 Southwest Blvd / Grove City, OH 43123 or another designated location identified by AN in the United States as described under the attachement below. 

 

Please refer to the attachment for futher details of the Agreement.

 

This announcement  is dated 12 April 2021 .




Please refer attachment below.

Attachments

LUSTER ANN attachement.pdf
402.7 kB



Announcement Info

Company Name LUSTER INDUSTRIES BHD.
Stock Name LUSTER
Date Announced 12 Apr 2021
Category General Announcement for PLC
Reference Number GA1-29032021-00020