KUALA LUMPUR (May 14): Caely Holdings Bhd will make fabric protective masks and personal protective equipment (PPE) for Ni Hsin Resources Bhd under an agreement signed today.
Caely said its wholly-owned Marywah Industries (M) Sdn Bhd had on May 14 signed a product manufacturing agreement with Ni Hsin Marketing Sdn Bhd (NHM), a wholly-owned subsidiary of Ni Hsin Resources Bhd.
Marywah will be the original equipment manufacturer (OEM) of NHM's brand name products which mainly consist of fabric face masks (under the brand name of Masketeer – Coolmax Fibre Protective Mask) and PPE.
Beside, agreement just signed, can't really save the profits in coming few quarters. Company should be still finding tune to cope with its new restructuring, so trading with caution. We all know most companies trying to venture into healthcare business to share the cake, hold tight and let's see whether uts profit will be eaten up by its losses of other products or not. If yes, we die.
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Warriors88
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Posted by Warriors88 > 2020-08-03 11:48 | Report Abuse
Caely could 19 related counter flying