HLT Global Bhd unveiled a proposal to raise up to RM324.68 million to fund the land purchase to build a six- to 10-acre rubber glove plant. The company's plan is to have installation of between 10 and 14 new double-former glove dipping lines.

HLT expects to boost its rubber gloves' production from the existing one billion pieces per year to between 4.1 billion and 5.3 billion pieces per year.