Vip Gloves Ltd (ASX:VIP)
VIP Gloves Ltd, formerly Voltage IP Limited, is engaged in manufacturing of Nitrile gloves. The Company owns KLE Products Sdn. Bhd. (KLE), which is a Malaysian manufacturer of conveyor chain systems and components that service the rubber glove manufacturing industry. KLE manufactures a range of roller conveyor chains and former holder sets according to customer specifications. KLE supplies to various glove manufacturers in Malaysia and overseas with its product set. VIP Glove Sdn. Bhd. is a subsidiary the Company, which is formed as a special purpose vehicle to implement its strategy of expansion into the rubber glove manufacturing industry. It is also focused on the procurement, installation and commissioning of over two glove manufacturing lines.