- Business
- Careplus Group Berhad is a Malaysia-based investment holding company primarily engaged in the manufacturing, processing, and trading of gloves. Its core products include latex examination gloves used for medical examinations, diagnostic procedures by dentists, laboratory practices, and food handling; nitrile examination gloves that are latex-free; surgical gloves; and other rubber gloves. The company also manufactures and trades various types of hand gloves to serve medical, surgical, healthcare, food handling, and industrial segments. Additionally, Careplus provides gloves packaging and warehousing services and is involved in developing and installing solar generation facilities. Beyond gloves, the company also sells and deals in electric vehicles, manufactures and assembles energy vehicles, leases and operates passenger cars, and undertakes maintenance, repair, and sale of motor vehicles. Careplus offers hostel management and consultancy services and is involved in repairs and maintenance of buildings and related infrastructure. The company operates internationally, with operations in South America, North America, Malaysia, and other Asia Pacific regions. Founded in 1988, Careplus Group Berhad is headquartered in Seremban, Malaysia.
Recent major changes include the company's expansion into green technology with a RM600 million joint venture project with Go Auto Group Sdn Bhd to construct a green technology facility focusing on sustainability. Careplus also transitioned its listing from the ACE Market to the Main Market of Bursa Malaysia Securities in December 2021 to reflect its growth and strategic market positioning. The firm has been expanding production capacity and broadening its operational footprint to meet increasing global demand. Financially, Careplus reported significant revenue growth in early 2025 alongside efforts to improve operational efficiencies despite a net loss reduction compared to previous periods, signaling ongoing strategic realignment. Additionally, Careplus disclosed changes in director interests and continues to strengthen its governance and market presence through strategic initiatives and business diversification.