PETALING JAYA: Supermax Corp Bhd confirmed that the Supermax Group’s Canadian subsidiary, Supermax Healthcare Canada Inc, has agreed to terminate by mutual consent with the federal government of Canada the two existing contracts for the supply of nitrile gloves.

       Supermax said that the remaining balance of these two contracts at free on board value was US$12.67mil (RM53.1mil) or under 0.8% of the group’s revenue.

       “The group’s Canadian unit’s contracts for other personal protective equipment products remain in place and are not affected,” it said in a filing with Bursa Malaysia in reference to a daily’s article titled “Canada terminates contract with Supermax”. — Bernama