BlackRock voted against re-election of Top Glove directors

KUALA LUMPUR: BlackRock’s Investment Stewardship team (BIS) voted against the proposed re-election of six independent non-executive directors on the board of Top Glove Corp Bhd over what it said were severe shortcomings in management and oversight of worker health and safety-related issues.

Stakeholders of the latex glove manufacturer voted at the annual general meeting on Wednesday on the re-election of the directors, which included Datuk Lim Han Boon, Tan Sri Rainer Althoff, Datuk Noripah Kamso, Datuk Norma Mansor, Sharmila Sekarajasekaran and Lim Andy.