KUALA LUMPUR (April 2): Iconic Worldwide Bhd said its unit has obtained certifications for its nitrile glove and three-ply face mask products.
“The board of directors of Iconic are pleased to announce that Iconic Medicare Sdn Bhd (IMED) — formerly known as EMC Cranes (KL) Sdn Bhd — a wholly-owned subsidiary of the company, has obtained the following certifications: Certificate of Registration issued by Integrated Assessment Services, to certify that the Iconic Nitrile Glove product is in compliance with the European Economic Community (EEC) Medical Devices Directive – 93/42/EEC and Personal Protective Equipment Regulation 2016/425.
“Certificate of Registration issued by Integrated Assessment Services, to certify that the QMS for Medical Devices of IMED has been successfully assessed and is in compliance with ISO 13485:2016 standard for the manufacturing of three-ply face mask and trading of powder-free nitrile and latex examination gloves,” said the group’s filing with Bursa Malaysia today.
Furthermore, Iconic also announced that IMED is successfully registered under the US Food & Drug Administration for its polymer patient examination glove.
In September last year, Iconic announced its plan to diversify into the manufacturing of personal protective equipment, including gloves and disposable face masks, involving an estimated investment cost of about RM155.5 million.
This covers the cost of land, construction of a new facility, installation and commission of production lines, other equipment, and working capital, according to the group.
Iconic and its subsidiaries are principally involved in the development and sale of commercial and residential properties, and the provision of tourism and other related services such as hospitality management.
According to a local news report on March 31, the group said its new gloves and face masks manufacturing facility has reached 70% completion after only 100 days of construction.
The news report cited Iconic’s managing director Datuk Tan Kean Tet as saying that the group targets to commence operations of its factory by September this year.
At 12.30pm break, Iconic settled 2.5 sen or 5.56% higher at 48 sen, giving the group a market capitalisation of RM197.62 million.