MALAYSIA PRESS-Hartalega to build 1.5 bln rgt glove complex by Dec-Malaysian Reserve

Tue Aug 14, 2012 8:43pm EDT

Synthetic glove manufacturer, Hartalega Holdings Bhd , expects the construction of its 1.5 bln rgt ($481.58 mln) Next Generation Integrated Glove Manufacturing Complex (NGC) to commence by December this year.

According to its deputy managing director (MD) Kuan Mun Leong, the company is fastracking the construction process, which was initially planned to begin next year.

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Media Prima in talks with news channel for stake- The Edge

Media Prima Bhd has commenced preliminary negotiations with Worldview Broadcasting Channel (M) Sdn Bhd (WBC), with the view of taking up a stake in the ailing free-to-air news channel that started test transmission in December last year.

Industry executives said things have not worked out too well for WBC, and the company has been on the lookout for investors for a few months now to support its news service that is currently limited to the Klang Valley and Selangor.

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NOTE: Reuters has not verified these stories and does not vouch for their accuracy. (Kuala Lumpur newsroom, +603 2333-8046, fax 603 2161-3340, areuters@gmail.com) ($1 = 3.1148 Malaysian ringgits)

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