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.
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Posted by bullpiano > 2021-01-22 21:50 | Report Abuse
Ben Tan,
Thank you for d info.