HLT Global Bhd has proposed to acquire the remaining 20% stake in its 80%-owned rubber glove manufacturing unit, Triple Care Gloves Sdn Bhd for RM600,000.
The glove dipping line maker said it is buying the stake from Snicom Sdn Bhd, CWK & Mount Sing Sdn Bhd, Alcor Corp (M) Sdn Bhd and Lordtech Specialty Sdn Bhd through the issue of 2.61 million new shares in HLT Global at 23.03 sen per share.
TheEdge04 Jan, 2024 01:11am - 3 months