TOP GLOVE Corporation Bhd, the world’s largest rubber glove manufacturer, had been on top of the world for months last year after the unexpected deadly Covid-19 pandemic catapulted the company’s earnings through the roof.
But since last July, the homegrown multinational company has been shaken by continual negative news linked to poor labour treatment that has dented the reputation of the group and its management. This has also caused the record high share price of the fundamentally strong company to sink below analysts’ target prices.
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