Top Glove clarifies no new issue on forced labour discovered


KUALA LUMPUR: Top Glove Corporation Bhd has clarified with regard to the U.S. Customs and Border Protection’s recent findings that there is no new additional issue on forced labour being discovered or added although a few rectifications and verification were required on the earlier findings.

The glove manufacturer said it continues to actively engage with the CBP towards addressing and fully remediating the issues identified immediately/speedily.

"We reiterate our strong commitment to the welfare, health and safety of our workforce. We aim to be a leading responsible company in Malaysia and worldwide,” it said in a filing with Bursa Malaysia today.

On Monday, CBP directed its personnel at all US ports of entry to begin seizing disposable gloves produced by Top Glove as it believed the world's largest rubber glove maker had used forced labour in the production of disposable gloves.

At the close today, Top Glove shares rose 12 sen to RM4.64 with 26.25 million shares transacted. - Bernama

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Top Glove , Forced labour , US CBP

   

Next In Business News

Techna-X to temporarily cease metallurgical coke business
Hong Leong Industries profit jumps in FY21
European shares slide 2% as China Evergrande's troubles cast shadow
MGB lands turnkey project to develop industrial estate in Kertih
After June quarter loss, Dayang expects Covid-19 easing and higher oil prices to lift Q3 results 

KLCI tumbles 20.62 points; over 950 stocks in red
RHB contributes ICU ventilators to two Covid-19 hospitals
AmBank Islamic wins three at Global Banking & Finance Awards 2021
Indonesia clings to coal despite green vision for economy
Oil down on stronger greenback, rising U.S. rig count

Stories You'll Enjoy


Vouchers