Adventa Bhd News Today

Adventa Bhd’s unit is buying a 32,400 sq m industrial plot in Indonesia for RM13.06 million (45.04 billion rupiah) to set up a manufacturing facility there. The healthcare supplies and equipment provider said PT Adventa Biotech International will be buying the property, located in Jawa Tengah, Indonesia, from PT Kawasan Industri Kendal.

Shares in glovemakers rose in morning trades on Wednesday (Nov 2) as coronavirus cases continue flaring up in several provinces in China and Health Minister Khairy Jamaluddin said Malaysia is currently experiencing a small wave of Covid-19 cases.

Shares in glove makers advanced in the mid-morning on Monday (Oct 31) against the backdrop of China intesifying lockdowns in several cities on resurging coronavirus cases.

Shares in glove makers advanced in the mid-morning on Thursday (Oct 27) after the World Health Organization’s (WHO) Covid-19 technical lead Maria Van Kerkhove said the Omicron variant of Covid-19 had continued to evolve, with more than 300 sublineages.

Those yet to fundraise get 12-month extension

Bursa Malaysia’s Healthcare Index was the only index up Friday afternoon — rising by almost 4% in the morning trading session — as concerns over a new and possibly vaccine-resistant variant of the coronavirus that causes Covid-19 drove investors towards glove stocks, which are among the constituents of the gauge.

KUALA LUMPUR (Jan 14): The rubber glove manufacturers saw declines in their share prices today after another bearish report from JP Morgan on the average selling price of rubber gloves going forward, as demand is expected to peak. In a recent note, JP Morgan said gloves are “not needed” while administering vaccinations and that demand for gloves will continue to ease, contrasting with the consensus expectation that demand for disposable gloves will not shrink as sharply. At 12.30pm, Top Glo...