HLT Global Bhd.
MMYX:HLT0.02
MYR
+0.01
(+33.33%)
HLT Global Bhd.
MYX:HLT
(Bursa Malaysia)
Recent
price
0.02
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- HLT Global Berhad is a Malaysia-based investment holding company that specializes in the design, fabrication, installation, testing, and commissioning of glove-dipping lines, as well as the manufacturing and trading of rubber gloves. Founded in 1998 and headquartered in Puchong, Selangor, Malaysia, the company operates primarily through two core business segments: Glove-Dipping Lines and Rubber Gloves. Through its key engineering subsidiary, HL Advance Technologies (M) Sdn Bhd, the company delivers comprehensive turnkey glove-dipping plant solutions, with offerings including double-former and single-former dipping lines for synthetic nitrile and natural rubber latex gloves; automated glove stripping and stack counting systems; online and offline chlorination systems; dipping line upgrading, modification, and capacity enhancement services; specialized curing and drying oven systems; latex compounding and dipping slurry tanks; and precision replacement parts and engineering maintenance services. Through its manufacturing subsidiary, HL Rubber Industries Sdn Bhd, the company produces and distributes powder-free synthetic nitrile examination gloves; powdered and powder-free natural rubber latex examination gloves; surgical gloves; cleanroom protective gloves; and heavy-duty industrial rubber gloves serving healthcare, dental, laboratory, food processing, and industrial applications. The company markets its products and engineering services across Malaysia, Thailand, Indonesia, Vietnam, China, Taiwan, India, the United States, and other international markets. In recent operational developments, HLT Global has undertaken strategic capacity rationalization and cost-containment measures within its glove manufacturing segment to navigate normalized post-pandemic market pricing and global inventory surpluses. In response to evolving industry demands, the company has prioritized high-efficiency retrofits, energy-saving dipping line modifications, and smart factory automation integrations to support third-party glove manufacturers seeking operational efficiencies and reduced labor dependencies.