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.

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Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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