Hartalega plans multi-billion ringgit Sepang factory

KUALA LUMPUR: Hartalega Holdings Bhd has purchased a piece of land in Sepang for RM96.96mil for a proposed rubber glove factory as it expands its production capacity.

It said on Wednesday the 120-ha site in Sepang, which was acquired from Kumpulan Tanjung Balai Sdn Bhd, would house its RM1.9bil plant which will have 72 new hi-tech production lines.

Hartalega said the land purchase would be from its own funds and group borrowings and the acquisition was expected to be completed within three months.

It said the purchase will enable the company to progressive progressively expand its production capacities for meeting the current and future growing demand for its products.