WRP Receives Offers For Disposal Of Excess Assets

KUALA LUMPUR, Aug 12 (Bernama) — WRP Asia Pacific Sdn Bhd (WRP) today announced that as part of its ongoing efforts to turnaround the company, it has received offers of interest for the disposal of 10 double former glove production lines that are situated in the Advanced Healthcare Products Sdn Bhd (AHP) premises in Senawang, Negeri Sembilan.

WRP’s Special Counsel, Mathew Thomas Philip, shared that following a forensic audit ordered by the current Board of Directors which assumed control of operations of the company earlier this year, the production lines were identified as assets that were acquired by WRP from Sama Engineering Machines Sdn Bhd between 2010-2012 and installed at AHP’s premises under the direction of the previous management of the company.

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