United States

Analyst Research Report Snapshot


Company Update – Hartalega (ADD, maintain) - Embark to the next phase of expansion plans




Affin Hwang Investment Bank Bhd


12 Jun 2013





Companies referenced:


Available for Immediate Download

Harta finally sealed the land deal with a price tag of RM96.9m Hartalega (Harta) announced that its wholly-owned subsidiary Hartalega NGC, which is involve in the Next Generation Integrated Glove Manufacturing (NGC) project, has entered into a sale and purchase agreement with Kumpulan Tanjung Balai Sdn Bhd for the acquisition of a piece of land located in Sepang, Negeri Sembilan. The purchase price for the piece of land, measuring 120 hectares is RM96.9m. The purpose of the land is for Harta to expand its capacity, producing examination and speciality gloves. The purchase will be funded by both internal generated funds and bank borrowings of RM100m.

Why buy analyst research?

  • Institutional quality research
  • Available for Immediate Download
  • Detailed company or industry insight
  • Print or save
  • 24 hour customer support
Return to previous page without adding this item to your cart.
Email Customer Support.

About Analyst Research

Analyst research reports are available for immediate download after purchase. You will have unlimited access to the report for 24 hours after purchase, to download, print or save it as many times as you wish. Analyst Research provided by Reuters does not constitute investment advice, and is not endorsed by Reuters Research. This information is protected by copyright and intellectual property laws. More information on Analyst Research.