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News: VIP VIP Gloves Entered Heads Of Agreement To Acquire 100% Stake In Ammorium

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    11/02/22
    12:15
    Post #: 59508395

    Feb 11 (Reuters) - VIP Gloves Ltd (VIP) :

    • ENTERED INTO HEADS OF AGREEMENT WITH MAJOR SHAREHOLDER OF AMMORIUM RESOURCES TO ACQUIRE 100% STAKE IN AMMORIUM
    • IF SUCCESSFUL, ACQUISITION WILL EXPAND GLOVE PRODUCTION TO EXPECTED TOTAL ANNUAL OUTPUT CAPACITY OF 13.46 BILLION PIECES
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