Top Glove appoints Lim Cheong Guan as managing director effective Aug 1


Lim Cheong Guan

KUALA LUMPUR: Top Glove Corp Bhd has redesignated Datuk Lee Kim Meow as a non-independent non-executive director effective Aug 1, 2022, upon completing his employment contract with the company on July 31.

Lee, who is currently the company’s managing director, will be succeeded by executive director Lim Cheong Guan, effective Aug 1.

In addition, Ng Yong Lin, who is presently the chief operating officer, will be appointed as executive director of Top Glove effective Aug 1.

Datuk Lee Kim MeowDatuk Lee Kim Meow

Lee, 63, retires after 25 years of service at Top Glove, 13 of which he served as managing director. He was appointed executive director in 2003 and redesignated managing director in 2009.

In a statement, the glovemaker said Lee had an instrumental role in establishing Top Glove as the resounding international success it is today.

“Working hand in glove with Top Glove executive chairman Tan Sri Dr. Lim Wee Chai, they set in motion Top Glove’s strong growth trajectory, propelling the company to become the world’s largest manufacturer of gloves, with a record breaking revenue of RM16.4bil as at FYE2021,” it said, adding that Lee also played an important part in the successful listing of Top Glove on Bursa Malaysia in 2001 and Singapore Exchange in 2016.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Trade showing remains on upward trajectory
Maxis pledges full support to government’s 5G delivery model
Fajarbaru Builder secures RM13mil job
MKH Oil Palm IPO oversubscribed
The pros and cons of earned wage access
Making every load lighter
Making the Malaysian startup pitch
How Sin-Kung leveraged air cargo for its success
Domestic office-sector REITs stay cautious
‘Muted optimism’

Others Also Read