Top Glove defends board after BlackRock criticism

Separately, Top Glove told Bursa yesterday that the Employees Provident Fund (EPF) has ceased to be a substantial share of the company.

KUALA LUMPUR: Malaysia’s Top Glove Corp Bhd 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.