Company Description

Top Glove Corporation Bhd is the world’s largest manufacturer of gloves, with operations spanning across Malaysia, Thailand, China, US and Europe. Listed on the Malaysian Bourse in March 2001 and on the Mainboard of the Singapore Exchange in June 2016, it has demonstrated steady growth with a compound annual growth rate (CAGR) of 22.1% for revenue and 20.9% for profit after tax over the past 17 years. It is also a component stock of the FTSE Bursa Malaysia ("FBM") Mid 70 Index, FBM Top 100 Index, FBM Emas Index, FBM Emas Syariah Index, FTSE Bursa Malaysia Hijrah Shariah Index and FTSE4Good Bursa Malaysia Index. The Top Glove success story began a quarter of a century ago in 1991, as a local business enterprise with a single factory and 3 production lines. Today, it has captured 25% of the world market share and offers a comprehensive product range, fulfilling demand in both the healthcare and non-healthcare segment. Top Glove serves a network of over 2,000 satisfied customers in more than 195 countries, and these numbers are still growing. Its outstanding achievements and global recognition are credited largely to its founder Tan Sri Dr Lim Wee Chai, the visionary and driving force, who within a short span of time, has built the Malaysian-based company into a resounding global success. Having just celebrated its 25th anniversary in 2016, Top Glove continues to raise its game, producing high quality gloves at an efficient low cost based on its time-proven Business Direction. Not content to rest on its laurels, Top Glove has now cast its eye on the next level of success and aspires to increase its world market share to 30% by 2020. It is also aggressively expanding its business scope and on the lookout for M&A opportunities in similar and related industries.