Top Glove plans RM200m expansion


Media briefing: Lim (middle) looking at the company’s annual report. With him are Top Glove executive director Lim Cheong Guan (left) and managing director Lee Kim Meow.

SHAH ALAM: Top Glove Corp Bhd has set aside RM200mil for capital expenditure next year as the glovemaker ramps up its production capacity to meet strong global demand.

The company is also prepared to spend RM1bil for mergers and acqusitions (M&A) as it aims to acquire at least one peer a year.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , top glove , rubber , glove , earnings , capex , M&A , mergers , stocks , shares , klci , klse ,

Next In Business News

Malaysia’s banking sector resilient amid tariff pressures, expected to hold steady in 2026
BMS slips on ACE Market debut, trading under IPO price
Foreign investors return with RM11.8mil net buying after two-week selloff
FBM KLCI opens weaker as markets turn cautious ahead of FOMC meeting
Ringgit opens higher as tomorrow's FOMC meeting pressures greenback�
Trading ideas: Geohan, Hartanah Kenyalang, Capital A, AAX, Genting, Quality Concrete, Gadang, Ancom Nylex
Greater corporate involvement needed to hasten startup growth
Sime Motors aiming for higher EV market share
Colombian women take on�coffee patriarchy
Bumps in Perodua’s EV march

Others Also Read