Top Glove shares jump as it’s allowed to resume US sales

KUALA LUMPUR: Shares of Top Glove Corp., the world’s largest rubber glove maker, jumped after the company said it’s allowed to resume exports to the U.S. starting Sept. 10.

The company, which was slapped an import ban by the U.S. since July last year on evidence of forced labor practices, said in a statement on Friday that it’s been cleared to resume U.S. sales. Top Glove said it remains committed to the health, safety and well-being of its workers. Shares rose as much as 10% in Malaysia, the biggest surge in five months.