I don't always think of The Financial Times' Bryce Elder when looking at latex but it happens more often than one might think. See links after the jump.
From The Real Deal:
Malaysian billionaire glove makers buy Armani/Casa condo
Founders became billionaires during the pandemic
The owners of one of the world’s largest producers of rubber gloves, who became billionaires during the pandemic, acquired a luxury condo in Sunny Isles Beach.
The joint venture between Related Group and Dezer Development sold unit 4800 at the Residences by Armani/Casa to Kim S. Thai and Bee G. Tan, property records show. Stanley Thai Kim Sim and Cheryl Tan Bee Geok founded Supermax Corp., a latex glove company based in Malaysia....
....MUCH MORE
And Bryce Elder can't get back to work soon enough for my tastes.*
*****
*For all things Malaysian and/or latex, March 2020's:
Attention Hoarders: "Condom shortage looms after coronavirus lockdown shuts world's top producer"
Thanks to FT Alphaville's Bryce Elder we were able to bring up in a casual conversation the Malaysian latex glove situation:
Attention Hoarders: "Condom shortage looms after coronavirus lockdown shuts world's top producer"
Thanks to FT Alphaville's Bryce Elder we were able to bring up in a casual conversation the Malaysian latex glove situation:
So, Did You Buy Your Malaysian Latex Glove Stocks Last Week?
...Following up on January 22's "FT Alphaville's Bryce Elder Is a Genius: Pandemic Coronavirus Edition".To which our interlocutor, a Malaysian gentleman of Chinese extraction responded, also casually, yet proudly:
From FT Alphaville's Markets Not Live column, January 27, 2020:
....To the wider market, and Wuhan’s got us all in check. Nearly everything (except the Malaysian latex glove sector) is down after the advance of the coronavirus, or 2019-nCoV, failed to slow through an extended Chinese New Year. The outbreak has reached “a grave and complicated stage”, Beijing officials said at a presser on Sunday. Most worryingly the virus appears to be contagious during the incubation period, when there are no visible symptoms, which means the Sars comparisons we’ve been using over the past few weeks may be optimistic.
"Malaysia is also home to the largest condom manufacturer in the world."Which prompted first the quick-on-the-uptake "Saaaay" reaction and then the placement of an order that (hopefully) may have raised some eyebrows at our favorite purveyor.
