Permaju Glove Venturing Into Glove Manufacturing

A right move by Permaju Industries Bhd since there are global demands for the gloves for the moment.

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Permaju Industries Bhd has incorporated a wholly-owned subsidiary, Permaju Glove Sdn Bhd (PGSB) to venture into glove manufacturing riding on the global shortage of gloves.

gloves range

In a filing with Bursa Malaysia last Friday, Permaju said PGSB, incorporated on June 5 2020 is 100 percent-owned by the group. The intended principal activity of PGSB is to manufacture, distribute, buy, sell and generally deal in rubber goods for industrial and commercial purposes.

“The rationale of the incorporation of PGSB is to facilitate the expansion of the business activities of the group and its subsidiaries.”

Permaju’s decision to incoporated PGSB since there are surge in demand because of the deadly novel coronavirus or Covid-19 in China that started last December 2019 and has since morphed into a global pandemic. More than 7 million people have been infected and the virus has now claimed over 400,000 lives worldwide.

Permaju is involved in the distribution of Volkswagen and Ford franchises, also property development and owns big parcels of land in Sabah and Seremban, Negeri Sembilan.

Alam Puteri by Permaju
Pemaju Industries Bhd is turning from developer to glove market to meet the global shortage of gloves

In Seremban, it has more than 300 acres of land that is suitable for property development or industrial activities. The group has been mulling to use the Seremban land to undertake various businesses, including property development projects but the plans did not materialise due to the challenging market conditions. They may use the land to construct a glove manufacturing plant for its new venture.

Currently in Malaysia, the glove manufacturing business is dominated by Top Glove Glove Corp Bhd, Supermax Corp Bhd, Hartalega Holdings Bhd and Kossan Rubber Industries Bhd.

Last year, global demand for gloves was 290 billion pieces, of which 187 billion were supplied by Malaysia. The current global demand for gloves is more than 300 billion pieces, owing to the pandemic.

Analysts who spoke on condition of anonymity said that Permaju may emerge as the next big player in the market as it has strong investors’ backing to take glove manufacturing to a higher scale. They also believe that demand for gloves will continue to rise because of a shortage of gloves in major markets worldrubber gloves 3wide.

A New On-Demand Delivery App Is Here

Yessss… What a wonderful news for online sellers. Now, you can use iHantar, for express courier and also bulky goods!

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And the best thing, you can get bonuses of up to RM25 for downloads and recharge!

Developed by service provider: Vertex Technology Solutions Sdn Bhd, this new mobile application (app) offering same day pick-up and drop-off service. And besides this new app, Vertex also has a licensed e-hailing app called Ridez.

ikabeer

The company’s founder, Mr. Kabeer Maand said iHantar is an on-demand same day delivery platform that allows users to place delivery requests via the mobile app. Rest assured, customers can rely on the affordable delivery platform for express courier and delivery services, bulk deliveries, essential goods, food items, groceries, medical supplies and much more than that.

“When it comes to sending an item on time, several on-demand services would probably come into your mind. Undoubtedly, one of them will soon be iHantar. We are changing the way deliveries are being done and at the same time simplifying the lives of people. In our app based world where everything can easily be done with just one-tap your finger, iHantar fits in perfectly on how delivery is done.”

The iHantar delivery app lets all users to call and hire a van, truck or motorcycle to deliver goods from the palm of your hand, with real-time tracking.

Steps on how to use iHantar app:

  1. Go to the iHantar app
  2. Tap on ‘Delivery’
  3. Then key in pick-up and drop-off locations
  4. Fill in recipient information
  5. Confirm your booking
  6. Get a driver and YEY..the item is good to go!

AND the best thing about the iHantar aps, you will be able to track the movement of the item and when it gets delivered.

Vertex is currently running a promotional campaign to attract users to the app. For users who:

  • recharge RM50 will get an additional RM5 bonus
  • recharge RM100, will get a RM15 bonus
  • recharge RM200, will enjoy a bonus of RM25

Mr. Kabeer said iHantar has several value propositions that make the product unique and stand out in the marketplace.

iHantar is affordable and offers lean fares, coupled with high-quality service and convenient service. All the drivers are also certified with no criminal background.

iHantar offers an active customer support system, advance booking service, and multiple stops facility.

“Everything will be cashless. Buying products and paying for service cashless is the new norm. It is basically a new way of doing things and we want to ensure that all our customers have this convenience. With the rapid change in market trends and consumer buying behaviour, we have to constantly deliver new products and services that meet all their requirements. Consumers are the kings of markets. All the activities of our business ends with consumers and consumer satisfaction,” he added.

According to Mr. Kabeer, the official launching of iHantar is targeted to be on June 1, 2020.

On the outlook, Mr. Kabeer is bullish on the delivery service market and the company has set out several strategies to grow the business.

“We are looking to expand into new markets to effectively grow the business. We want to be an early adopter and we need to consider every possible avenue for expansion, which may include finding new customer demographics, penetrating new markets and regions and growing a base of repeat customers. The company will also need to expand ‘What Your Service Entails’, and be able to find genuine solutions to real world problems. There are a lot of players in the market but we don’t see them as our competitors. We will launch several promotions to acquire both users and partners,” he said.

In less than a month, iHantar has been able to secure more than 1,000 service partners and he expects this number to increase by the end of this year. More than 1,000 riders across Peninsular Malaysia have also registered with the company.

About Vertex Technology Solutions Sdn Bhd

Vertex Technology Solutions was established in May 2019. It is a technology driven company aimed to provide a wide range of passenger transportation network via the Ridez mobile application and delivery of goods via iHantar.

The company’s vision is to provide economical and safer transportation and delivery access to all Malaysians with just a tap of a finger.