AE Multi Holdings Berhad (AEM or Group) is confident of achieving an accelerated business turnaround in 2021 as its new Engineering, Procurement, Construction and Commissioning ("EPCC") business banks on providing turnkey solutions to the growing number of new entrants into glove manufacturing. The Group expects the EPCC segment to deliver a significant order book in the financial year of 2021 ("FY2021"), allowing AE Multi to leap back into profitability following losses for the last three financial years since 2017. With global demand for gloves expected to remain high throughout 2021-2022 amid the increasing Covid-19 vaccination programmes globally, many companies have been venturing into glove manufacturing to meet the shortage in glove supply. AEM, via its wholly-owned subsidiary, AE Multi Industries Sdn Bhd ("AEMI") is capitalising on this new business opportunity by working with the new glove makers to set up their production facilities. A filing with Bursa Malaysia on January 13, 2020, shows that AEM has won a contract from PNE PCB Berhad. This follows another contract secured by the Group on 02nd December 2020 from Fintec Global Berhad's wholly-owned subsidiary, Fintec Glove Sdn Bhd. For perspective, AEMI was awarded with a contract to design, build and deliver on a turnkey basis a glove-manufacturing factory of up to 10,000 square metre, with the capacity to house up to 14 glove-dipping lines for the manufacturing medical grade nitrile gloves.