MJ Apparel Limited Company was established in 2006 as a 100% subsidiary of Globis International Limited Company. The Company is a large player in the men's and boy's work clothing manufacturing industry located in Bien Hoa, Dong Nai. It has approximately 700 full-time employees.
Currently, the Company runs more than 5,000m2 factory in Dong Nai Province. In addition, the Company is famous in providing knit products to overseas markets such as USA, Canada.
During the period, the Company’s sales revenue increased continuously by 39.25% per annum. In addition, the Company used high financial leverage in the period, leading to high risk of falling into insolvency situation.