Mah Sing to begin glove production in May
22 Apr 2021
PETALING JAYA: Mah Sing Group Bhd has completed the testing and commissioning of its first two glove production lines in its first glove factory in Kapar, Klang, and is expected to start operation in May 2021.
The group anticipates the first shipment of gloves to be delivered in May and June.
The glove manufacturing venture is part of Mah Sing’s plan to strengthen and expand its manufacturing division by venturing into the export-oriented, resilient healthcare sector. This will complement the group’s existing property division as the property market is cyclical and focus more on the domestic market.
Mah Sing founder and group managing director Tan Sri Leong Hoy Kum said having started its new venture into gloves, the group target to expand further under Phase 2 should the glove demand continues to outstrip supply for Phase 1.
“Looking ahead, the group aims to be one of the top five glove producers in Malaysia in the future. It will also be exploring listing of its manufacturing/healthcare division separately to better unlock value for Mah Sing shareholders,” Leong said.
Mah Sing is on track to see another four production lines to be operational in Q2’21 and followed by another six production lines in Q3’21. These 12 double former lines are under the group’s Phase 1 of glove manufacturing business, which are capable of producing 38,000 pieces of gloves per hour per line, and leads to a maximum capacity of up to 3.68 billion pieces of gloves per annum.
“Besides original brand manufacturer gloves under our MS Glove brand, Mah Sing will also be producing original equipment manufacturer gloves. The group will explore the possibility of manufacturing non-medical, industrial specialty and other gloves in the mid to long term,” Mah Sing CEO Datuk Ho Hon Sang said.
Mah Sing so far has obtained certifications from the relevant authorities namely the US Food & Drug Administration, and is progressing well in obtaining other certifications such as the Conformitè Europëenne Marking for the export to the European region.
In addition, the group has secured sufficient raw materials to meet the overwhelming orders and interests from its buyers and distributors. The buyers are mainly serving markets such as the US, Canada, Middle East, Europe, UK, Japan, China, Korea, Singapore, Russia and Latin America.
Source: The Sun Daily