Malaysia-listed lingerie maker Caely Holdings Bhd has branched out into manufacturing of face masks and personal protective equipment (PPE) for Germany, the US, Australia, Saudi Arabia and India markets.
The company sees this diversification as a good opportunity to broaden revenue streams under its manufacturing segment, as well as obtain income sources from new product types other than its traditional undergarment business.
Caely currently deals in manufacturing, retail, export and direct sales of undergarments, household products and property development and construction.
Its wholly-owned Marywah Industries (M) Sdn Bhd recently signed a product manufacturing agreement with Ni Hsin Marketing Sdn Bhd (NHM), a wholly-owned subsidiary of Ni Hsin Resources Bhd.
According to this agreement, Marwah will be the original equipment manufacturer of NHM’s brand name products which mainly consist of fabric face masks and PPE.
The face masks that the company produces would help protect against virus transmission and are washable for up to 30 times after each use. The company is also currently manufacturing protective suits which are urgently needed for healthcare workers and certain front liners in the fight against COVID-19.