Top glove company background pdf. top glove corporation bhd.

Top glove company background pdf 2 Pembekal Pembuatan sarung tangan getah Top Glove Top Glove has since become the world's largest manufacturer of gloves, commanding 26% of the world market share. THE COMPANY. In line with SDG 13: Climate Action and recognizing the effect of climate change as an impactful risk to the business, community and environment, we measure our CO2 emissions and target to reduce GHG emission intensity by 10% to 0. Reduce natural gas consumption by 10% to 0. (company no. It has 48 factories with What Is Top Glove Foundation? Top Glove Foundation is Top Glove's charitable arm which was established on 14 June 2009. docx from FIN 430 at Universiti Teknologi Mara. Bhd. Top Glove’s net profit for its financial year 2017 was RM328. Gloves demand continue to be strong. Top glove is able to produce good quality gloves because every employee in Top glove has been trained professionally according to their training programs before they work. 25 of Bursa Malaysia Listing Requirements. APPENDIX Top Glove has since become the world's largest manufacturer of gloves, commanding 26% of the world market share. Top Glove, Top Quality, Top Efficiency, Good Health, Safety First & Be Honest | Top Glove Corporation Bhd is the world’s largest manufacturer of gloves, with manufacturing operations spanning across Malaysia, Thailand, and Vietnam. Top Glove Manufacturing Capabilities Total: 37 Glove Factories + 12 Non Glove Factories Capacity: 100 bil pcs p. The document then includes an executive summary and sections covering Top Glove's background, board of directors, SWOT analysis, financial statement analyses including common CORPORATE OFFICE TOP GLOVE TOWER. Top Glove Corp Bhd (Top Glove) is a manufacturer and distributor of rubber gloves. Company Background Sep 3, 2000 · Top Glove Corporation Bhd. [5] In the span of a year, Top Glove Corporation Bhd's listing was promoted from the Second Board to the Main Board on May 16 Withihn 25 years, Top Glove Corporation Berhad had expand it business as the world’s largest rubber glove manufacturer. It also offers face masks, latex tourniquets, exercise bands, and latex sheets. Top Glove Corporation Bhd Annual Report 2016 CORPORATE VISION AND MISSION 2 Executive Chairman of Top Glove Corporation Bhd, TAN SRI DR LIM WEE CHAI VISION We strive to be the world’s leading manufacturer with excellent quality glove products and services that enrich and protect human lives. The board should set the company’s strategic aims, ensure that the necessary resources are in place for the company to meet its objectives and review management performance. TOP GLOVE. 222 m³/1,000 pcs of gloves 5. my : BPMN 6023 STRATEGIC MANAGEMENT 1 Company Background The Top Glove success story began 25 years ago in 1991. Jul 7, 2021 · View TOP GLOVE CORPORATION BHD. Established in 1991, we started as a local business enterprise with one factory and single glove production line. Top Glove engages Impactt, an independent international ethical trade consultant Impactt issues “all Green” report which comfirms Top Glove has resolved all 11 ILO indicators Impactt confirms no systemic forced labour at Top Glove. It has 48 factories with Lim Wee Chai (simplified Chinese: 林伟才; traditional Chinese: 林偉才; pinyin: Lín Wěicái) is a Malaysian businessman. This shows our commitment to provide top products with excellent services through continuous improvement and innovation. Annual Report 2003 • Top Glove Corporation Berhad Top Glove, The World’s Largest Natural Rubber Disposable Glove Manufacturer “Always Staying On The Top” 3 Top Glove Corporation Bhd Top Glove Engineering Sdn Bhd – 100% Tg Medical (USA) Inc. The rating is higher than the other two opponents. It provides information on the company's vision, mission, commitments, clinical objectives, background, recruitment and selection policies, training programs, challenges, employee benefits, safety and health practices, and employees' rights. He was the Chairman in 2019 and Non-Independent Non-Executive Director of Tropicana Corporation Berhad from 2017 to January 2022 as well as the Director and Board Member of the Employees Provident Fund from 2015 to 2020. * Top Glove Foundation is a member of Top Glove Group. (Incorporated in Malaysia) Directors' report Principal activities Results Group Company RM'000 RM'000 Profit net of tax 281,192 288,688 Profit attributable to: Owners of the parent 279,781 288,688 Non-controlling interest 1,411 - 281,192 288,688 Dividends RM'000 In respect of the financial year ended 31 August 2014: Jun 26, 2020 · 1. of Pages 7 HUMAN RESOURCE MANUAL GROUP HUMAN RESOURCES Diversity, Equality and Inclusion (DEI) Policy Top Glove reserves the right to modify, revise, cancel or waive any policy, procedure or condition without notice and without revision. Once a local business enterprise with a single factory and 3 production lines, it has since flourished into the world‟s largest rubber glove manufacturer, owning and operating 27 factories, 484 production lines and with a capacity of approximately 45 billion gloves per annum. Top Glove Corporation Bhd is an established Malaysia-based investment holding company founded in the Year 1991 by Tan Sri Dr Lim Wee Chai and Siew Bee Tong based in Shah Alam, which primarily involved as the world’s largest rubber glove manufacturer in Malaysia, specialise in both healthcare and non-healthcare segments. Top Glove Corporation Bhd is a Malaysia-based company, which is engaged in investment holding and providing management services. 76 kWh/1,000 pcs of gloves *FY2022 as baseline 3. , an investment holding company, researches, develops, of 199,764,300 Treasury Shares). TOP GLOVE CORPORATION BHD. Last but not least, the mission components of Top Glove are (5-Survival, Growth. The company also has marketing offices in these countries as well as USA, Germany, Brazil, and China Listed on the Top Glove (hereinafter referred to as the Company) is fully committed to provide safe, healthy and harassment free work environment for all its employees. 2. Top Glove was listed on Singapore Exchange in June. my CORPORATE OFFICE TOP GLOVE TOWER. Which began as only a small company with 1 plant and 1 glove manufacturing line has now got 26 per cent of the world's rubber glove market share. Disclosures in this section are pursuant to Paragraph 15. In 2020, the company came under the spotlight for alleged labor exploitation and poor working conditions (Business & Human Rights Resource Centre). [14] Due to rising demand for protective gear in response to COVID-19, Top Glove's profits had risen by 400% by mid-December 2020, with the company announcing a 20-times increase in quarterly net profit to RM 2. 199801018294 [474423-X] (Incorporated in Malaysia) CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME FOR THE THIRD QUARTER ENDED 31 MAY 2024 Current Quarter Ended Corresponding Quarter Ended Current Year To Date Corresponding Year To Date 31 May 2024 31 May 2023 31 May 2024 31 May 2023 4. Level 21, Top Glove Tower, 16, Persiaran Setia Dagang, Setia Alam, Seksyen U13, 40170 Shah Alam, Selangor. 4 days ago · Lim Wee Chai started Top Glove with his wife Tong Siew Bee in 1991 and took the company public in 2001. It gives background on Top Glove, which is the world's largest glove manufacturer, and outlines sections to be included in the group project such as introducing the Top Glove Company Background. Company Background top glove corporation bhd. 3. Dec 27, 2021 · • Experienced glove maker and one stop solution provider – we have grown leaps and bounds in the past three decades to become world’s largest glove manufacturer. 8bil The World’s Largest Manufacturer of Gloves Top Glove Corporation Bhd. Today, Top Glove has captured 26% of the world market share for rubber gloves and become the world’s largest manufacturer of gloves. 30% of production capacity allocated for spot orders. docx from BUSINESS 221 at Beaconhouse School System. Top Glove, based in Malaysia, started with one factory and one glove production line in 1991. In response to questions from Bursa Digital Research on Dec 24, Top Glove said it intends to strengthen its leading position via a comprehensive strategy focused on Jan 21, 2021 · View TOP GLOVE CORPORATION BACKGROUND. Its two main products are rubber gloves and nitrile gloves. Social justice demands fair treatment of all employees and due respect for their dignity. In 1993, Datuk Lau EngGuang, the founder of the Comfort Rubber Gloves Industries Sdn. It is also aggressively expanding its business scope and on the lookout for M&A opportunities in similar and related industries. Sep 22, 2020 · Introduction Background of the company Top Glove Corporation Bhd has its headquarters in Malaysia in 1991 and is the world's largest producer of gloves. 100% Great Glove Sdn Bhd CORPORATE OFFICE TOP GLOVE TOWER. Date of Meeting: 10 Jan 2024 General Meetings: Outcome of Meeting Company Background Company’s History Top Glove was first opened in 1991, they were a small local firm with just one plant and one glove production line. ) Inc. This means that Top Glove is internationally already complete. 199801018294 [474423-X] (Incorporated in Malaysia) NOTES TO THE INTERIM FINANCIAL STATEMENTS FOR THE SECOND QUARTER ENDED 29 FEBRUARY 2024 (CONTINUED) 7 6. History Established in 1991 with only one factory and three production lines, Top Glove has since grown by leaps and bounds to become the world’s largest rubber glove manufacturer. (“Top Glove”) at aglance 90 billion gloves pa 47 factories 750 production lines (As at Dec 2020) About 2,000 customers across 195 countries Current market capitalisation(1) of RM45. It begins with an acknowledgement of the lecturer, Datin Dr. Top Glove is the employer of choice with about 10,700 work force around the world. The company provides a range of products in the healthcare and non-healthcare segment, including hand protection, sexual wellness, and dental care categories. 2021 Revision No. 1. uPE2qu2a_I_gNZDIUcsrXRHkjy2ILwE5iihVZ3D_xAo. Top Glove Corporation Bhd. APPENDIX Top Glove Corporation Bhd. Top Glove is proudly the first private company in Malaysia to receive the ISO 37001: 2006 Anti-Bribery Management System (ABMS). We will continue our efforts to further strengthen our The objective of this policy is to ensure that the Company and all its employees adhere to Social Compliance Initiatives in line with the legal regulations and requirements. The Company is also a rubber glove manufacturer. As at today, the company business operates in various Asian countries such Malaysia, Thailand, Vietnam and China with 47 manufacturing facilities with a total of 750 production lines and makes the Top Glove business has grown as the COMPANY NAME : TOP GLOVE CORPORATION BHD FINANCIAL YEAR : August 31, 2020 . 4. a. It discusses Top Glove's background, industry position, and competitive analysis. m. 4 million (US$84. my 1. (Incorporated in Malaysia) Directors' report Principal activities Results Group Company RM'000 RM'000 Profit net of tax 1,788,830 1,637,122 Profit attributable to: Owners of the parent 1,752,584 1,637,122 Holders of Perpetual Sukuk 25,605 - Non-controlling interests 10,641 - 1,788,830 1,637,122 Top Glove is a company that produces good quality gloves which earns them good reputations since its establishment in year 1991. 100% Great Glove Sdn Bhd TOP GLOVE CORPORATION BHD. Top Glove Company Background Company Background. Vision and Mission 3. 207 m³/1,000 pcs of gloves Reduced 3. CORPORATE OFFICE TOP GLOVE TOWER. 3. [3] [4] Top Glove was listed on the Kuala Lumpur Stock Exchange (now) or Bursa Malaysia in August 2001. ABOUT US. Top Glove Corporation was Started In 1991 In the Beginning Top Glove Company had just 1 Factory 3 Production lines and 100 Staff, but Now it Has Become the Most Successful and Largest Rubber Glove manufacture resulting in 25 factories which they had just 1 one when they started and now has 470 Production lines and a capacity to produce 41 Billion 2. read more “For a company like Top Glove, a saving of 1% or 2% is a big amount,” Lee points out. Li Jia Yee Contact No. SECTION B – DISCLOSURES ON CORPORATE GOVERNANCE PRACTICES PERSUANT Top Glove Corporation Bhd. -pVG_72qjcWHDfugN6JtbHKz6Ge-R0BM4kkiLy-oqkPTxAH_haqG57VDxQ external audits at Top Glove’s factories. The company makes 48 billion gloves a year, about a quarter of the global market. real estate company • S&P 500 company with capitalization of $59 billion* a total market • Owns or has an interest in 394 retail real estate properties comprising 264 million square feet of GLA in TOP GLOVE GROUP OF COMPANIES Effective Date 1. Jun 27, 2022 · CHAPTER 1: BACKGROUND OF THE COMPANY 1. As an illustration, the maximum number of Top Glove Shares which may be purchased and/or held by our Company will not be more than821,158,043 Top Glove Shares based on the total number of issued Shares as at LPD, the amount of which includes 199,764,300 Treasury Shares. top glove (company no. Additionally, the company provides gamma irradiation services for sterilization of gloves and medical devices; acts as an agent in the sale of various goods; wholesales pharmaceutical goods; and buys and sells real estate. They are currently the biggest manufacturer of rubber gloves in the world, with activities in production and marketing in Malaysia, Thailand, Vietnam, and China. SECTION B DISCLOSURES ON CORPORATE GOVERNANCE PRACTICES – The Company’s outstanding successes and global gratitude are credited chiefly to its founder Tan Sri Dr Lim Wee Chai,the visionary and driving force, who within a short span of time ,has built the company into a booming global achievement . (CRG) established a rubber glove manufacturing factory inTaiping, Perak to manufacturerubber gloves. (Incorporated in Malaysia) Directors' report Principal activities Results Group Company RM'000 RM'000 Profit net of tax 7,823,992 6,461,350 Profit attributable to: Owners of the parent 7,710,327 6,461,350 Holders of Perpetual Sukuk 51,350 - Top Glove’s drive towards Innovation was evident when Top Glove was ranked No. It commanded around 25% market share of the world. It offers products in three types of materials, such as latex, nitrile and vinyl. Specifically, it describes Top Glove's history and growth from a small local business to a global conglomerate. Top Glove originally had three production lines; now it had about 500. This document provides an overview of Top Glove Corporation Berhad, the world's largest manufacturer of rubber gloves. with 812 Production Lines Malaysia 32 Glove Factories + 10 Non Glove Factories Thailand 3 Glove Factories + 2 Latex Concentrate Plants China 1 Glove Factory Vietnam 1 Glove Factory Well Positioned to Capitalize on the Growth Momentum latex gloves and nowadays, nitrile latex gloves are almost as comfortable and permeable as natural rubber latex gloves. In addition, nitrile latex gloves can be sterilised without any effect on its physical characteristics. Now, the Top Glove Corporation Berhad owned 28 factory with 500 product line. The board should set the company’s values and standards, and ensure that its obligations to its shareholders and other stakeholders are understood and met. corporate governance report . Jun 30, 2020 · After we go through Top Glove Company Bhd’s financial report, we notice that Top Glove Company short term source of finance can distinguish to secure loan and unsecured loan. : +6016 737 7113 Emailtopglovecosec@topglove. All forced labour indicators resolved U. Our wide range of gloves include nitrile latex gloves, natural rubber latex gloves, CPE/TPE gloves, vinyl gloves and surgical gloves. The company also has upstream operations in rubber plantations as a means of cost-control for latex supplies. top glove corporation bhd. 4 billion (US$590 million) [15] In November 2020, the company donated a May 5, 2019 · Top Glove has been listed on the Dow Jones Sustainability Indices (DJSI) under Emerging Markets for the 2nd year running in November 2020 for recognition of our sustainability practices. CBP issues Withhold Release Order, WRO to Top Glove • No of Tenants : 80-90 • Expected opening in 4Q 2011 52 Simon Property Group ¾ Background of Simon Property Group • Largest public U. , excluding public holidays): Company : Top Glove Corporation Bhd Contact Persons : 1. 0 Company background Top Glove Corporation Bhd is a top manufacturer of rubber gloves in the world that was established in 1991 which was founded by Tan Sri Dr Lim Wee Chai with the help of 18,000 employees and the headquartered in Malaysia is at Shah Alam, Selangor. 76bn) Global leader in medical and surgical gloves World’s largest manufacturer of gloves Over 18,000 employees Oct 24, 2021 · The Top Glove company is the world’s largest rubber glove manufacturer and the specific industry is rubber which the company has manufacturing operations in Malaysia, Thailand, Vietnam and China. 151 m³/1,000 pcs of gloves *FY2021 as baseline Reduce 10% to 0. This document discusses Top Glove Corporation Berhad, the world's largest rubber glove manufacturer. SECTION B – DISCLOSURES ON CORPORATE GOVERNANCE PRACTICES PERSUANT COMPANY NAME : TOP GLOVE CORPORATION BHD FINANCIAL YEAR : August 31, 2024 . 2. 20 34 71 peningkatan permintaan yang meningkat memberi peluang kepada perniagaan untuk meningkatkan jualan dan mencapai keuntungan yang tinggi36. We filed up to 235 patents in Malaysia since 2002. It operates factories in Malaysia Oct 29, 2024 · Top Glove Corporation is a manufacturer of disposable rubber gloves. 000. Top Glove Exports Gloves to All Regions North America : 20% 4QFY23 vs 3QFY23: 14% FY2023 % of Product Mix by Sales Volume Nitrile gloves Natural rubber powdered gloves Natural rubber powder-free gloves Surgical gloves Vinyl/TPE/CPE 47% 23% 22% 5% 3% Diverse range of products to align with rapidly changing markets Apr 10, 2017 · The purpose of this study is desired to examine the profitability performance of Top Glove Corporation Berhad with some risk factors (liquidity risk, operating risk) and macroeconomic factors. 2 Top Glove Corporation Bhd was incorporated in Malaysia as a Public Company limited by shares on 23 December 1998 and subsequently l isted on the Main Market of Bursa Malaysia on 27 March 2001 and Main Board of Singapore Exchange on 28 June 2016. com E-mail : invest@topglove. Top Glove has the highest market valuation, at almost RM6 billion, when compared to its competitors. my E-mail : invest@topglove. Top Glove was ranked 13th out of 73 healthcare companies, outperforming 83% of its industry peers. This document provides an analysis of Top Glove Corporation Berhad, a Malaysian rubber glove manufacturer. Introduction To Top Glove Corporation Berhad. Dec 27, 2021 · TOP GLOVE CORPORATION BERHAD Main Market | Health Care 1. The CPM score for Top Glove Corporation is 3. Top Glove | 163,950 pengikut di LinkedIn. Top Glove aspires to increase its global market share to 30% by 2020. S. 16 million). stock code : 7113 company name : top glove corporation bhd financial year : august 31, 2023 outline: section a – disclosure on malaysian code on corporate governance Top Glove Manufacturing Capabilities Malaysia 32 Glove Factories + 9 Non Glove Factories Thailand 3 Glove Factories + 2 Latex Concentrate Plants China 1 Glove Factory Vietnam 1 Glove Factory Capacity expansion will be aligned with demand and supply situation Dec 2021 Total Glove Production Capacity 90 bil 100 bil +11% +11 bil +23% +26 bil +18% Top Glove is market, with a view to raising the brand awareness and profile of the company on an international level. 474423-x) (incorporated in malaysia) condensed consolidated statement of comprehensive income for the fourth quarter ended 31 august 2018 TOP GLOVE CORPORATION BERHAD 2001 ANNUAL REPORT CORPORATE STRUCTURE Top Glove Corporation Berhad 100% Top Glove Sdn Bhd (Factory1,2,4and5) 74% Great Glove (Thai) Co Ltd (Factory 6) 100% TG Medical Sdn Bhd (Factory 3) 100% Top Glove Engineering Sdn Bhd 100% TG Medical (U. With the help of its 21,000 employees, Top Glove continues to produce high quality gloves at an well Top Glove is a member of Sedex, a membership organisation that provides one of the world’s leading online platforms for companies to manage and improve working conditions in global supply chains. Dec 19, 2019 · REAL TOP GLOVE. 2012 2011 2014 2013 2010 2005 2004 Dec 6, 2024 · Venue: Broadcast Venue at TG Grand Ballroom, Level 9, Top Glove Tower, 16, Persiaran Setia Dagang, Setia Alam, Seksyen U13, 40170 Shah Alam, Selangor Darul Ehsan, Malaysia. SECTION B DISCLOSURES ON CORPORATE GOVERNANCE PRACTICES – Aug 31, 2019 · Company Name: TOP GLOVE CORPORATION BHD Stock Name : TOPGLOV: Date Announced: 12 Nov 2019: Category: Document Submission: Reference Number: DCS-09112019-00001 1 . Top Glove makes more than half of its sales in Europe and North America, but the company anticipates that demand for gloves in other regions, particularly Asia, will expand as populations grow. : Company profile, business summary, shareholders, managers, financial ratings, industry, sector and market information | BURSA MALAYSIA: 7113 | BURSA MALAYSIA b1b330a2692ad57519089abac. MISSION To be a world class glove manufacturer Top Glove’s quest for quality and productivity has garnered an array of international quality awards and certifi cations. The vision of Top Glove is “we strive to be the world’s leading manufacturer with excellent quality glove products and services that enrich and Nov 21, 2022 · [13] In April 2020, the company announced that it would manufacture face masks due to the COVID- 19 pandemic. Give us a brief background and history of your company and key milestones. 1) As a protective barrier for medical staff, gloves are an indispensable item in the healthcare sector, with increasing customer awareness in developing markets. 0 PROFIL SYARIKAT Ticker: TOPGLOV Exchanges: KUL 2009 Sales: 1,529,077,000 (Year Ending Jan 2010) Industry: Ru 1,170 1 . ASP will be adjusted to reflect on demand and supply situation. Top Glove is on a mission to ensure human protection globally. The company also has marketing offices in these countries as well as USA, Germany, Brazil, and China Listed on the Apr 18, 2020 · The world’s largest manufacturer of gloves 27 years of age, Top Glove is a vibrant and dynamic company, with ambitious goals of becoming a Bursa Malaysia Top 20 company by 2020 and Fortune Global 500 company by 2040. A. Today, we are the world’s largest rubber glove maker with manufacturing operations The document provides details about an assignment for a marketing principles course, including a cover page with student and assignment details, a marking scheme, and contents for a group project on Top Glove Corporation Berhad. APPENDIX Dalam perniagaan Top Glove, 33 Laporan tahunan Top Glove 2009 hlm. Established in 1991 and headquartered in Malaysia, Top Glove Corporation Bhd is the world's largest manufacturer of gloves. Company No. Top Glove aims to positively impact lives through BACKGROUND COMPANY Top Glove Corporation Bhd was founded in Malaysia in 1991 and has since evolved from a single plant with one glove manufacturing line to the world's largest glove maker. and Profitability). TOP GLOVE CORPORATION BACKGROUND Top Glove Corporation Bhd. 6% to 0. History Established in 1991 with only one factory and three production 0 0 31KB Read more. Dec 6, 2017 · Top Glove is a listed company in year 2001 in Bursa Saham Kuala Lumpur, and on a short span of slightly more than a year Top Glove Corporation Berhad listing has promoted successfully from the second Board to the Main Market of the Kuala Lumpur Stock Exchange on May 16, 2002. 89bn, USD11. APPENDIX prior to the AGM, please contact Top Glove Corporate Services Department during office hours (Monday to Friday from 8:30 a. “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. Passport Safekeeping Policy Under Top Glove’s Passport Safekeeping Policy, all our foreign workers have full custody of their respective passports. 199801018294 [474423-X] The World’s Largest Manufacturer of Gloves Website : www. 23 Amfori Business Social Compliance Initiatives (BSCI) Code of Conducts As a member of Amfori, Top Glove is in compliance with the Type of Fees Top Glove (RM) Top Glove Group (RM) a) Audit fees 80,000 499,000 b) Non-Audit fees 112,000 192,000 c) Tax compliance fees 0 57,000 Total: 192,000 748,000 3. Founded by Tan Sri Dr Lim Wee Chai and Puan Sri Tong Siew Bee in 1991, it was listed on the Second Board of Bursa Malaysia in March 2001, then promoted within 14 months to the Main Board in May 2002. 45bn World largest manufacturer of Nitrile, Natural Rubber and Surgical gloves World’s largest manufacturer of gloves Dec 31, 2021 · KUALA LUMPUR (Dec 31): Top Glove Corp Bhd aims to cement its position as the world’s leading glove manufacturer, as well as aspires to become a Fortune Global 500 company by 2030. It can produce 46. They aimed to be increase its global market share top glove corporation bhd. 1. The Jan 3, 2022 · COMPANY BACKGROUND Top Glove founded by Tan Sri Dr Lim Wee Chai in 1991 focusing in single production line of rubber glove manufacturing and trading business. 5bil PAT RM7. COMPANY NAME : TOP GLOVE CORPORATION BHD FINANCIAL YEAR : August 31, 2020 . Top Glove is the world’s largest manufacturer of gloves. This has also further strengthened its leadership position as the world’s largest rubber glove manufacturer with a product presence in virtually every corner of the globe. Apr 18, 2020 · The world’s largest manufacturer of gloves 27 years of age, Top Glove is a vibrant and dynamic company, with ambitious goals of becoming a Bursa Malaysia Top 20 company by 2020 and Fortune Global 500 company by 2040. Top Glove has faced significant criticism and scrutiny regarding its labor practices. With a 26% market share for rubber gloves, the company exports its products to over 2,000 customers in 195 countries worldwide. 0 No. COMPANY NAME : TOP GLOVE CORPORATION BHD FINANCIAL YEAR : August 31, 2024 . Part A: Company Background, Future Prospective and Development Top Glove Corporation Bhd is currently worldwide AI Chat with PDF The objective of this policy is to ensure that the Company and all its employees adhere to Social Compliance Initiatives in line with the legal regulations and requirements. 19 35 Laporan tahunan Top Glove 2008 hlm. 4bil, USD1. com. What started as a local business enterprise with 1 factory and 1 glove production line, today has manufacturing operations in Malaysia, Thailand, and Vietnam. Comfort Gloves Berhad- The Company Background Comfort Gloves Berhad history could be traced back to 27 years ago. The company’s products include nitrile gloves, vinyl gloves, latex gloves, surgical gloves, clean room gloves, household gloves, polyisoprene gloves, and cast polyethylene gloves. 2 under the ‘Top 20 Malaysia Patent Applicants in 2020’. Tan Sri Dr Lim has been actively involved in many associations and organisations in Malaysia. (“Top Glove”) at aglance CORPORATE OFFICE TOP GLOVE TOWER. We thrive to provide a growth platform to all remarkable and talented people to join us in achieving top quality goals and your desired career fulfilment. Overview. ‘Management’ means the Chairman, Managing Director, Executive Directors, Directors, Managers, Department Heads, including other Executives who are appointed to act on behalf of the Management. OUTLINE: SECTION A – DISCLOSURE ON MALAYSIAN CODE ON CORPORATE GOVERNANCE. Dec 25, 2019 · By Stella Goh – Market Data Analyst | 25 December 2019. 279 MMBtu/1,000 pcs of gloves *FY2022 as baseline 4. – 100% Tg Medical Sdn Bhd – 100% Top Glove Sdn Bhd – 100% Great Glove Sdn Bhd – 100% May 21, 2021 · Top Glove as the world’s largest glove producer provides quality and efficient gloves for healthcare purposes. Top Glove has in total 33 companies within the group. Established in 1991 in Malaysia, Top Glove Corporation Bhd is the world’s largest manufacturer of gloves. TOP GLOVE GROUP OF COMPANIES Effective Date 1. Reduce municipal water consumption intensity by 34% to 0. Reports revealed mistreatment of migrant workers, excessive overtime, low wages TOP GLOVE CORPORATION BHD. Top Glove is one of the world's largest producers of rubber gloves. It then analyzes Top Glove's competitive position using Porter's Five Forces model and Surgical gloves Over 22,000 employees Source: Bloomberg Note: (1) Market capitalisation as at 12 July 2021 9MFY2021 Revenue RM14. Our strong manufacturing team has contributed to process the finished products from raw materials using various methods, human labor, and equipment according to a detailed plan in a cost-effective way. It has grown from a single factory with one glove production line to become the world's largest manufacturer of gloves. forecast ASP to decline in 2022, we still believe that growth in glove demand for 2022 will remain positive. It operates through five segments: Malaysia, Thailand, The People's Republic of China, The British Virgin Islands and Others. 26 Laporan tahunan Top Glove 2007 hlm. Thus, with its excellent performance, many industries have opted for nitrile latex gloves. 474423-x) (incorporated in malaysia) condensed consolidated statement of comprehensive income for the second quarter ended 28 february 2019 4 days ago · Lim Wee Chai started Top Glove with his wife Tong Siew Bee in 1991 and took the company public in 2001. He is the Executive Chairman and Founder of Top Glove Corporation Bhd, a glove manufacturing company, which was founded in 1991 and is listed on Bursa Malaysia (Kuala Lumpur Stock Exchange) and the main board of the Singapore Exchange (SGX). (“Top Glove”) at aglance 73. Changes in debts and equity securities During the financial period ended 29 February 2024: Apr 7, 2020 · Top Glove Corporation is principally involved in the manufacturing of rubber gloves. In addition, the introduction of the automotive production phase is credited to Top Glove's manufacturing competence. 8 billion gloves pa 44 factories 700 production lines (As at March 2020) About 2,000 customers across 195 countries Current market capitalisation(1) of RM16. We provide a comprehensive range of high quality gloves at an efficient low cost. Sarah Heng Kawai 2. Recurrent Related Party Transactions During the financial year, there were no recurrent related party transactions of a revenue or trading nature involving the. Operator of a holding company in the rubber-glove sector. topglove. Mar 28, 2019 · The world’s largest manufacturer of gloves 27 years of age, Top Glove is a vibrant and dynamic company, with ambitious goals of becoming a Bursa Malaysia Top 20 company by 2020 and Fortune Global 500 company by 2040. This study is conducted to investigate key success factors that lead Top Glove to Past Appointment(s) and Working Experience. The existence of sexual harassment is a denial of a fundamental principle of social justice. Top Glove remains committed Apr 22, 2020 · Top Glove has since emerged as the world's largest manufacturer of gloves, commanding 25% of the world market share. Joriah Muhammad, for her guidance on the project. (Company No. With operations in Malaysia, Thailand, Vietnam, China, the United States, Germany, and Brazil, they have a 26 percent global market share for rubber gloves Established in 1991 and headquartered in Malaysia, Top Glove Corporation Bhd is the world's largest manufacturer of gloves. 220483-t) top quality, top efficiency, good health, safety first & be honest In billion pieces 1) As a protective barrier for medical staff, gloves are an indispensable item in the healthcare sector, with increasing customer awareness in developing markets. was founded in 1991 and is headquartered in Shah Alam, Malaysia. qw corporate governance report. 6 billion glove in a year. Video and Slides Top Glove is a leading manufacturer of disposable rubber gloves. 474423-x) (incorporated in malaysia) condensed consolidated statement of comprehensive income for the second quarter ended 28 february 2019 May 8, 2021 · Top Glove Corporation Berhad Company Background. stock code : 7113 company name : top glove corporation bhd financial year : august 31, 2022 outline: section a – disclosure on malaysian code on corporate governance to 7. The total secure loan amount for Top Glove Company is RM 22,649,000 in 2016, and total unsecured loan amount is RM 295,147. SOP AMENDMENT RECORD Amendment No. The two founders of Top Glove, namely Tan Sri Dr. 1 History of the company Top Glove Corporation Bhd was founded in 1911 with its headquarters in Malaysia. Apr 5, 2024 · Behind The Scenes: Top Glove. The demand growth post COVID-19 of 10-12% will outpace the historical (10-year) growth rate of around 8-10%, which could lead to a higher valuation for the glove manufacturers, including Top Glove, in our view. Top Glove Corporation Bhd is the largest glove maker in the world. What started as only a local business enterprise with 1 factory and 1 glove production line, today has manufacturing operations in Malaysia, Thailand and Vietnam. Today, the company is the world's largest glove manufacturer. They aimed to be increase its global market share Nov 24, 2024 · Top Glove Corporation Bhd, located in Shah Alam, Malaysia, was established in 1991. The objective of this policy is to ensure that the Company and all its employees adhere to Social Compliance Initiatives in line with the legal regulations and requirements. 3bil, USD3. 474423-X) The World’s Largest Rubber Glove Manufacturer Website : www. 40bn (USD 3. For the financial year ended 31 August 2021 (“FY2021”), Top Glove Corporation Bhd (“Top Glove” or “the Company”) has applied all the Practices and adopted all the steps-up encapsulated in the MCCG. , including any subsidiary company or associate company under the Top Glove Group of companies. 12. ‘Company’ means Top Glove Sdn. Lim Wee Chai and Puan Sri Tong Siew Bee, as well as Top Glove Sdn Bhd collectively donated RM1 million to establish the Foundation. SCOPE This policy covers all employees of the Company which consist of Top Glove Corporation Berhad and all its subsidiaries [TG or the Company]. The company through its subsidiaries is engaged in the manufacturing and trading of gloves. employee of the Company as disclosed in Note 12 to the financial statements) by reason of a contract made by the Company or a related corporation with a director or with a firm of which the director is a member, or with a company in which the director has Top Glove Corporation Bhd. CORPORATE STRUCTURE. 0176 tonnes/1,000 psc glove by F2025 (base year: FY2022). to 6:00 p. vexqpf pufzyl vnj vnshufb meqa dxx fzg jklu pkcu jttj