Tag: Kossan to spend MYR1.5b on new Malaysian glove city

Kossan to spend MYR1.5b on new Malaysian glove city

Glovemaker Kossan Rubber Industries (Kossan) expects to spend close to MYR1.5 billion (US$358.8 million) on its new advanced glove manufacturing plant in Perak, Malaysia.  Construction on the 824-acre (333ha) land, acquired at a bargain price of MYR82.4 million from Perak’s…