top glove news 2018

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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...



Top Glove completes acquisition of Aspion | New Straits Times

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.

The world's top suppliers of disposable gloves are ...

In October 2018, a Top Glove Bangladeshi worker lost an arm after falling into a stone crushing machine, according to a video of the accident seen by CNN Business.

Top Glove - Wikipedia

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.

Anti Corruption Events - Top Glove

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

Top Glove in a lucrative industry | The Star

Top Glove’s world market share for rubber gloves currently stands at 25% and it aims to increase this to 30% by 2020 via organic expansion and M&As. Just last month, Top Glove went on its ...

The world's top suppliers of disposable gloves are ...

Sep 11, 2020·In October 2018, a Top Glove Bangladeshi worker lost an arm after falling into a stone crushing machine, according to a video of the accident seen by CNN Business.

'We will be more careful,' says Top Glove chairman on ...

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.

The World's Largest Manufacturer of Gloves

Top Glove is a leading manufacturer of disposable rubber gloves. We provide a comprehensive range of high quality gloves at an efficient low cost.

Virus outbreak delays production at world's top glove maker

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.

Rubber gloves entering Australia from Malaysia could be ...

Top Glove's revenue has skyrocketed as a result, reporting an incredible 366 per cent jump in net profit for the third quarter of 2020. The company last month lauded "unparalleled growth" and its ...

Top Glove Posts Record Profit, Says Demand to Stay Robust ...

Dec 09, 2020·Top Glove Corp., the world’s largest rubber gloves maker, posted a record first-quarter profit as the coronavirus pandemic continued to drive demand for protective equipment.

Investors unnerved by Top Glove’s lawsuit | The Edge Markets

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.

Top Glove said to buy Adventa’s surgical glove operations ...

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 ...

Top Glove: Latest News & Videos, Photos about Top Glove ...

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 …

Top Glove shares to remain weak because of Aspion issue ...

KUALA LUMPUR: Top Glove Corp Bhd's share performance will remain weak given the uncertainties and downside risks of impairment, long-drawn litigation …

Top Glove reports 21% sales growth and expansion plans

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.

US order puts Malaysia glove industry under pressure over ...

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, …

Top Glove Q3 net profit jumps as revenue tops RM1b | The Star

Top Glove's net profit for the nine months ended May 31, 2018 rose by 41.8% to RM332.02mil from RM234.08mil in the previous corresponding period. Its revenue rose by 19.6% to RM2.997bil from RM2 ...

Top Glove shares sink on news of whistle-blower's ...

Dec 15, 2020·Shares of Top Glove sank to a three-month low yesterday following news that the world's biggest glove maker had fired a whistle-blower before the Covid-19 …

Investors unnerved by Top Glove’s lawsuit | The Edge Markets

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.

Top Glove Q3 net profit jumps as revenue tops RM1b | The Star

Top Glove's net profit for the nine months ended May 31, 2018 rose by 41.8% to RM332.02mil from RM234.08mil in the previous corresponding period. Its revenue rose by 19.6% to RM2.997bil from RM2 ...

Top Glove hiding RM650M material information from ...

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”.

Top Glove completes acquisition of Aspion | New Straits Times

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.

Top Glove, Malaysian rubber gloves supplier to ... - ABC News

Top Glove told ABC News typically the processing cost incurred at the source country will be paid by workers while the employer pays for the processing cost in Malaysia. ... 2018 11:19:52 Top ...