KUALA LUMPUR: Fintec Global Bhd has entered into a sale and purchase agreement with Joe Glove Sdn Bhd for the sale of two machinery for RM14.47mil.
In a filing with Bursa Malaysia, Fintec said its wholly owned subsidiary Fintec Glove Sdn. Bhd had entered into the agreement to sell two NBR/NR (nitrile butadiene rubber/natural rubber) powder free double former dipping lines to Joe Glove.
Fintec said the two pieces of machinery are located in the gloves manufacturing factory developed on vacant land in Kinta, Perak, measuring approximately 18,746 sq m.,
,Telegram中文群组搜索（www.tel8.vip）是一个Telegram群组分享平台。Telegram中文群组搜索包括Telegram中文群组搜索、Telegram群组索引、Telegram群组导航、新加坡Telegram群组、Telegram中文群组、Telegram群组（其他）、Telegram 美国 群组、Telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。Telegram中文群组搜索为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。
“The strategic collaboration through the proposed sale would enable Fintec Glove to leverage on Joe Holding Group’s connection and networking in domestic and international market for sourcing and engagement of new customers,” it said.
In addition, Fintec said the proposed sale would result in cost savings on the gloves production by Fintec Glove.