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The Star – LKL Secures RM78mil Contract To Supply Nitrile Gloves

KUALA LUMPUR: LKL International Bhd’s unit LKL Advance MetalTech Sdn Bhd has secured a US$18.96mil (RM78.49mil) contract to supply nitrile gloves to a China-based company. According to LKL, the contract is expected to contribute positively to the earnings of the company while not having a material effect on the net assets and gearing of the company and its subsidiaries for the financial year ending April 30, 2021. At 12.30pm, shares in LKL were last traded 0.5 sen or 0.54% higher at 93 sen apiece with 4.14 million units exchanging hands.

September 2, 2020

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