Malaysian condom manufacturer diversifies to food segment

sforkTAKASO Resources Bhd , a Malaysian manufacturer of condom and baby products, diversifying into ready-to- eat food market in Thailand and Malaysia. Further, it is targeting the first quarter of 2015 as its pilot sales launch into the segment.

According to Takaso’s CFO, Su Seong Yeen, an estimated RM6.5 million will be invested for the setup of its distribution centre in Hat Yai, Thailand, wherein, the firm’s focus will be on distribution of condoms and the ready-to-eat products.

Johor-based Takaso’s subsidiaries include LSR Technology, Japlo Healthcare, Romantic Family Planning, Takaso Rubber Products, and Takaso Marketing.