Care Latex Teams Up With Kossan Holdings To Expand In Global Wellness Market
KUALA LUMPUR, May 28 (Bernama) -- Care Latex Sdn Bhd has partnered with Kossan Holdings (M) Sdn Bhd, the investment arm of one of the world’s largest manufacturers of gloves and rubber products, to expand in the global wellness market.
In a statement today, Care Latex said the partnership positions Kossan Holdings as its third-largest investor, thereby strengthening the brand’s strategic foundation and supporting its long-term growth ambitions in the global personal wellness market.
“It enhances Care Latex’s ecosystem by accelerating product innovation, improving inventory management, expanding research and development (R&D) capabilities, and broadening market reach through new distribution channels.
“Beyond market expansion, the collaboration also aligns with our commitment to public health, particularly in addressing the urgent issue of human immunodeficiency virus prevention among Southeast Asian youth,” it said.
Care Latex founder Bonn Lam Chee Fong stated that, with Malaysia ranking as the sixth-largest producer of natural latex, the company leverages local strengths by accelerating its R&D pipeline to launch more innovations.
Care Latex, a Malaysian condom brand with a retail presence in both Singapore and South Korea, distributed through major convenience store chains such as Olive Young and GS25, is eyeing future expansion in global markets, including Singapore, Vietnam, Hong Kong, Macau, New Zealand, and the United States.
-- BERNAMA