Short position - TH Heavy and PN17

TOP Glove Corp Bhd’s prospects may remain intact. But the fact that two of its subsidiaries had been placed on US detention order list due to suspected use of forced labour has certainly dealt a huge blow to the company’s corporate image.

TH Heavy and PN17

TH HEAVY Engineering Bhd (THHE) has been put into a Practice Note 17 (PN17) status twice.