KUALA LUMPUR – Fintec Global Bhd’s wholly owned subsidiary Fintec Glove Sdn Bhd has reached an accord with Robayu Corporation to enter a memorandum of agreement to supply medical-grade gloves in Europe.
In a filing with Bursa Malaysia today, the technology incubation and investment holding company said pursuant to the agreement, Robayu will act as the official agent and exclusive distributor of medical-grade nitrile gloves in Poland and Eastern Europe.
“The agreement entails the supply of 12x40ft (0.6x12.2m) container loads of medical-grade nitrile examination gloves per month from the third quarter of this year.
“Two production lines will be secured for Robayu with an estimated 39.93 million gloves produced monthly, or 479.23 million gloves produced on an annual basis,” it said. – Bernama, January 20, 2021
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