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Inix to produce rubber gloves, but the warehouse is empty, banner RM 100 can settle, by the time factory up and running, could very well be the end of Covid. Worst case could happen is suddenly Inix said no material development.
also Note the words used, Letter of Intent. It's not solid yet, it's only a formal letter to state interest to work with each other, but no binding in any legal ways. In other words, if Inix or the other party decides that it's not viable to proceed, they can cancel the JV with little to no financial cost
I have sold mine and go to 0170 Kanger since that company is more trustful as got positive financial report and is going to cooperate with dubai in glove sector.
