Going by the number of new players jumping into the fray, the glove play is here to stay for another year at least. The latest to join the glove bandwagon are property companies.
Titijaya Land Bhd
and Aspen Group Holdings Ltd, two property-based companies are going into the healthcare sector, namely in gloves. Titijaya, in its announcement, stated it is diversifying into medical-related property development apart from going into manufacturing and distribution of medical devices, gloves and personal protection equipment (PPE).
Titijaya is partnering glove producer, Rubberex Corp Bhd and a Chinese company with the objective of penetrating the China market.
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