Supermax (Malaysia)

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Supermax Corporation Berhad
TypePublic limited company
MYX: 7106
ISINMYL7106OO007
Founded1987
FoundersStanley Thai Kim Sim
Cheryl Tan Bee Geok
HeadquartersLot 38, Putra Industrial Park, Bukit Rahman Putra, 47000 Sungai Buloh, Selangor, Malaysia
Key people
Rafidah Aziz, Chairman
Stanley Thai Kim Sim, Group Managing Director
Cheryl Tan Bee Geok, Group Executive Director
Websitewww.supermax.com.my

Supermax Corporation Berhad (MYX: 7106) started as a trader and exporter of latex gloves in 1987 before venturing into manufacturing in 1989. It is Malaysia's largest Own Brand Manufacturer and the world's second largest producer of rubber gloves.

Supermax has succeeded in establishing its own brands with a strong presence in Canada, the U.S., the United Kingdom and Brazil. Almost 100% of its production is exported to medical and dental buyers.

Its main competitors are Kimberly-Clark, Ansell, Allegiance and Microflex.

In 2020 during the COVID-19 pandemic, strong demand for rubber gloves sent Supermax's share prices on a five-fold jump. Founder Thai Kim Sim recorded an estimated net worth of $1 billion at the stock high in early June 2020.[1]

In November 2020, the company donated a total of RM75 million to the Government’s COVID-19 fund set up to battle the pandemic.[2]

Subsidiaries[]

  • Supermax Glove Manufacturing Sdn Bhd
  • Maxter Glove Manufacturing Sdn Bhd
  • Maxwell Glove Manufacturing Bhd
  • Supermax Latex Products Sdn Bhd
  • Supermax International Sdn Bhd
  • Supermax Energy Sdn Bhd
  • Supermax Global Ltd (Bermuda)
  • White Oak Global Property Ltd (USA)

References[]

  1. ^ "Covid-19 creates new billionaires in Malaysia, Thailand". Hindustan Times. 2020-06-16. Retrieved 2020-06-16.
  2. ^ "Kossan, Top Glove, Hartalega and Supermax confirm donations to Govt's RM400 mil COVID-19 fund". The Edge Markets. 2020-11-06. Retrieved 2020-11-19.

External links[]


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