KUALA LUMPUR – Mah Sing Healthcare Sdn Bhd, a wholly owned subsidiary of property developer Mah Sing Group Bhd, has received its business licence and other relevant permits to export gloves.
In a statement, the company said it has commenced operations of its glove-manufacturing factory in Kapar, Klang, adding that the first shipment of gloves is expected to be delivered this or next month.
“The group has secured sufficient raw materials to meet orders and interest from buyers and distributors, which are mainly serving markets such as the United States, Canada, the Middle East, Europe, United Kingdom, Japan, China, Korea, Singapore, Russia and Latin America,” it said.
Mah Sing Healthcare said it has also received an export licence from the Malaysian Rubber Board, which will facilitate the export business for the group’s glove-manufacturing operation.
It has obtained two Food and Drug Administration (FDA) establishment licences for polymer nitrile patient examination glove and latex patient examination glove from the US.
The company said it is also making good progress in obtaining the FDA 510(k) Premarket Notification and the Conformitè Europëenne (CE) Marking for exports to US and European markets, respectively.
“This new milestone places Mah Sing among the first few new glove entrants in Malaysia to commence glove production to meet immediate market demand.
“The rapid progress of Mah Sing’s glove venture is typical of the property developer, which is known for its quick turnaround business model,” it said.
Mah Sing Healthcare said the execution of the glove venture is on schedule with six production lines on track to be operational in the second quarter of this year, followed by another six production lines in the third quarter.
On its property segment, the group said sentiment is improving in the property market.
As such, it has set a higher full-year sales target of RM1.6 billion for 2021, adding that it recorded RM250 million new property sales for January and February this year, and bookings momentum since March has also picked up substantially. – Bernama, May 24, 2021
