KUALA LUMPUR (Oct 24): Adventa Bhd said today it no longer manufactures surgical gloves after the company sold the business to Aspion Sdn Bhd in 2012.

Today, medical-service provider Adventa said this in a statement to Bursa Malaysia in response to The Edge Financial Daily's (Edge FD) report.

Edge FD, quoting two industry sources, reported that Top Glove Corp Bhd is said to be acquiring the privately-held surgical glove operations of Adventa.

Adventa said: "The board of directors of Adventa wishes to clarify that the company is no longer involved in the surgical glove manufacturing operations."

"Adventa had undertaken a restructuring exercise in 2012 whereby the company had on July 25, 2012, accepted the offer letter from Aspion Sdn Bhd to dispose of all of the surgical glove businesses and undertakings, including the liabilities and assets of Adventa other than the excluded business. The excluded business means all the shares in the capital of Sun Healthcare (M) Sdn Bhd and Electron Beam Sdn Bhd. The disposal was approved by the shareholders on Nov 1, 2012 and was completed on Nov 30, 2012," Adventa said.

At Bursa Malaysia today, Adventa shares settled at 89 sen for a market value of RM135.98 million. The stock saw some seven million shares traded.