Supermax Corp. Bhd.
MMYX:SUPERMX0.46
MYR
+0.02
(+4.60%)
Supermax Corp. Bhd.
MYX:SUPERMX
(Bursa Malaysia)
Recent
price
0.46
P/E
ratio
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div
yld
- -
ROIC.AI
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- Business
- Supermax Corporation Berhad operates as an investment holding company with primary focus on the manufacturing, global distribution, and marketing of healthcare and eyecare products from its Malaysian base. The company produces a comprehensive range of medical gloves, including both natural rubber and nitrile latex varieties, alongside specialized personal protective equipment. Furthermore, Supermax has established itself in the eyecare sector, engaging in the manufacturing, distribution, and marketing of contact lenses, a venture initiated in 2014 with its dedicated facility commencing operations in 2016. The group's operational scope extends to the trading, importing, and worldwide distribution of its glove products, supported by energy-efficient biomass systems within its facilities. Supermax also maintains interests in property holding activities through its subsidiaries. As a prominent own-brand manufacturer, Supermax markets its offerings under well-recognized labels such as Supermax, Aurelia, and Maxter, catering to a global clientele of laboratories, hospitals, pharmacists, doctors, and surgeons. With eleven manufacturing facilities in Malaysia and an annual glove production capacity reaching up to 24 billion pieces, the company fulfills approximately 12% of the global demand for latex examination gloves. Its extensive international presence spans over 160 countries across the Americas, Europe, the Middle East, Asia, and the South Pacific, reinforced by eight distribution centers and corporate offices located in key global markets, alongside collaborations with over 1,200 independent distributors. In recent times, the company has faced challenges, including import bans by the United States in October 2021 and contract terminations by Canada in November 2021, both citing allegations of forced labor. Subsequently, Norway's sovereign wealth fund placed Supermax under observation in June 2022 due to similar human rights concerns. In response, Supermax initiated plans for an advanced manufacturing facility in Texas, US, which began production in January 2025, and is investing heavily in automation, robotics, and AI to enhance efficiency and reduce reliance on manual labor. The company, founded in 1987, maintains its headquarters in Sungai Buloh, Malaysia.