Posted by bullpiano > 2021-01-22 21:50 | Report Abuse

Ben Tan,
Thank you for d info.

Posted by Goldberg > 2021-01-24 12:09 | Report Abuse

Hi Ben Interesting news..thanks.

Supermax Corp Bhd has incorporated a new wholly-owned subsidiary, Maxter Healthcare Inc, in Delaware, US, to manufacture medical gloves and other personal protective equipment.

Maxter Healthcare's intended principal activities include "the building of a national headquarters in the US.

“The initial paid capital is part of the total allocation of US$550 million capital investment for Medical Glove Plant #18, when both Phase #1 & #2 are completed and commissioned.

A LONG TERM Agreement to supply USA with GLOVES & PPE's.is on the cards.

Supermax is going to capitalise on the 'Made in USA Gloves' that will be pushed by the Biden Administration.

Posted by ahbah > 2021-01-24 12:14 | Report Abuse

Therefore, Supermax ... a strong buy now ?

Posted by Ben Tan > 2021-01-24 13:07 | Report Abuse

bullpiano, Goldberg, ahbah, thank you for your comments.

Yes, it appears that Supermax will be in an ideal position to explore long-term contracts with the US government. The United States is by far the largest consumer of medical gloves in the world.