Top Glove remains a 'value buy', says Kenanga

KUALA LUMPUR: Top Glove Corp Bhd remains a value buy despite the US Customs and Border Protection determining a finding of forced labour in the group's production of disposable gloves, says Kenanga Research.

"In the short term, we believe that any loss in its US market share should be offset by demand from other countries, as the number of global COVID-19 cases remains high.