Top Glove adopts digital technology to ... - Digital News Asia- top glove news 2018 ,“For a company like Top Glove, a saving of 1% or 2% is a big amount,” Lee points out. Top Glove’s net profit for its financial year 2017 was RM328.4 million (US$84.16 million). “If a traditional company has a good digital strategy, they typically perform 26% better than their peers who do not have a digital strategy,” adds Ng.Top Glove’s net profit falls to RM370.56m in FY19 | Malay MailSep 26, 2019·KUALA LUMPUR, Sept 26 — Top Glove Corporation Bhd’s net profit for the full year ended August 31, 2019 (FY19) fell to RM370.56 million from RM424.36 million in 2018. Revenue, however, was 13.8 per cent better at RM4.8 billion from RM4.22 billion previously, amid a challenging...
KUALA LUMPUR: Top Glove Corp Bhd has completed the acquisition of Aspion Sdn Bhd, an exercise which will see the company emerge as the world’s largest surgical glove manufacturer, as well as solidifying its leadership position as the world’s largest manufacturer of gloves.
On 28 June 2016, Top Glove was also listed at No.9 on the Mainboard of the Singapore Exchange. In 2017, Top Glove announced that they would launch a new condom business in 2018 with a RM30 million (US$7 million) investment. At 19 March 2020, Top Glove had a shareholder fund of RM2.6 billion and an annual turnover of about RM2.4 billion.
Top Glove’s field trip to other companies was aim to learn about anti-corruption and whistleblowing practices in other companies, which would enable Top Glove to continue improving our systems and practices. 25 February 2019 Field Trip to Siemens Malaysia. 13 June 2019 Field Trip to Tenaga Nasional Berhad (TNB) 28 June 2019
KUALA LUMPUR (Dec 18): The world's largest rubber glove manufacturer Top Glove Corp Bhd will be more careful on future mergers and acquisitions (M&As), its executive chairman Tan Sri Dr Lim Wee Chai told the media today. "Since the acquisition of Aspion [Sdn Bhd], our global market share is currently at 26%. In two years our target is to achieve 30%, but this is challenging for us.
Nov 24, 2020·KUALA LUMPUR, Malaysia (AP) — Malaysia’s Top Glove Corp., the world’s largest maker of rubber gloves, said Tuesday it expects a two-to-four-week delay in deliveries after more than 2,000 workers at its factories were infected by the coronavirus, raising the possibility of supply disruptions during the pandemic.
THE RM1.37 billion acquisition of Aspion Sdn Bhd that was meant to cement Top Glove Corp Bhd’s leading position in the rubber glove industry has turned sour, merely three months after the completion of the deal. The market is spooked by the ongoing legal wrangling, to put it mildly, with most players and analysts unsure as to what exactly is going on.
Oct 24, 2017·KUALA LUMPUR: Top Glove Corp Bhd is said to be acquiring the privately held surgical glove operations of Adventa Bhd, according to two industry sources. “It is possible that Adventa’s surgical glove operations under the Terang Nusa group, which manufactures and distributes surgical and medical gloves, could be a likely acquisition target for Top Glove which is said to be looking for a ...
Dec 14, 2020·US takes off the gloves in global cyber wars: top officials 21 Sep, 2018, 10.50 AM IST. The new more aggressive posture follows a decision by President Donald Trump to revoke rules established by his predecessor Barack Obama to require high-level authority for …
Apr 01, 2019·Top Glove is a big player in the surgical gloves market; it is deemed the world’s largest producer of rubber gloves, with a 25% global market share. The latest financial report shows that Top Glove achieved sales revenue of 1.16 billion ringgit (US$285 million) in 2QFY19, a 21% increase compared with 2QFY18.
Jul 16, 2020·The Thomson Reuters Foundation first reported in 2018 that migrant workers at Top Glove were working long hours to pay off debts taken on to pay the agents that secured them their jobs. Top Glove’s share price has risen over 350 per cent this year, …
THE RM1.37 billion acquisition of Aspion Sdn Bhd that was meant to cement Top Glove Corp Bhd’s leading position in the rubber glove industry has turned sour, merely three months after the completion of the deal. The market is spooked by the ongoing legal wrangling, to put it mildly, with most players and analysts unsure as to what exactly is going on.
Feb 19, 2020·KUALA LUMPUR, Feb 19 – In April 2019, two individuals whom Malaysia’s Top Glove Corp has accused of a conspiracy to defraud the firm over its RM1.37 billion (S$455 million) buyout of Aspion in 2018 have filed counter-suits in Malaysia, charging that the world’s largest glove maker’s claim for loss and damages towards a “discount” is “hypothetical” and “fictitious”.
KUALA LUMPUR: Top Glove Corp Bhd has completed the acquisition of Aspion Sdn Bhd, an exercise which will see the company emerge as the world’s largest surgical glove manufacturer, as well as solidifying its leadership position as the world’s largest manufacturer of gloves.