iNix Technologies Holdings Bhd's has signed a 10-year lease agreement (renewable for another 10 years) for a glove factory site measuring 2.25 acres in Beranang, Selangor in preparation for its much anticipated venture into glove manufacturing with the acquisition of a glove manufacturing company. Currently, L&S Gloves Sdn Bhd (L&S Glove) has two existing production lines. According to Teo Yoek Leong, a director of L&S Gloves, with the new tenancy agreement, L&S Gloves and iNix Glove will be able to add 2 more production lines next month. Thereafter, INix would add 2 production lines every 3 months until a total of 14 production lines are commissioned. According to Teo, L&S Gloves' daily production of gloves are sold out in advance and delivery to their customers are done on daily basis. L&S Glove has sufficient orders to sustain for the next 2 years for the planned 14 production lines which has a production capacity of over 110 million pieces of latex gloves a month.