Thursday, 22 Apr 2021 07:54 PM MYT
In a statement, group managing director Datuk Seri Dr Pang Chow Huat said Sanichi intends to utilise the proceeds from proposed Rights Issue with Warrants to acquire, instal and commission up to six double former glove-dipping lines. He said the estimated total capital and investment outlay required for the installation and commissioning of six double former glove-dipping lines was RM41.50 million and RM86.50 million for the 15 double former glove-dipping lines.
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