Top Glove defends board after BlackRock criticism


Top Glove factory worker

KUALA LUMPUR: Malaysia's Top Glove Corp defended its board on Friday after BlackRock Inc issued a scathing statement, attacking the firm's handling of a coronavirus outbreak and saying it had voted against the re-election of six directors this week.

The six independent directors were re-elected at the company's annual general meeting on Wednesday, gaining between 86.5% and 72.3% of shareholder votes.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Optimistic outlook for Grade A premium offices
KIP-REIT aims to scale up operations
DXN 4Q net profit jumps 43%
Inta Bina bags RM170mil job
MAHB first-quarter traffic the highest since 2020
Crest Builder unit bags RM486mil job
PepsiCo's first-quarter results beat as international demand drives growth
Spotify profits up, but lower marketing hits user growth
Rafizi: Economy continues to strengthen along with Bursa Malaysia
MAHB's 1Q24 traffic hits more than 90% recovery rate against 1Q19

Others Also Read