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Top Glove unperturbed by EMCO, plant continues to operate
PETALING JAYA: The enhanced movement control order (EMCO) that is being imposed on some of Top Glove Corp Bhd’s workers quarters affects a smaller proportion of the company’s workforce than initially estimated by analysts.
Analysts ‘neutral’ on Unisem private placement
PETALING JAYA: Analysts are generally neutral on Unisem (M) Bhd’s proposed private placement of up to 10% of its share base, which is equal to 72.8 million new shares to be issued.
PNB demonstrates resilience amid pandemic
Permodalan Nasional Bhd (PNB), the country’s largest fund manager, surprised the market this week after announcing that it plans to sell its entire stake in one of its flagship investee companies – Chemical Company of Malaysia Bhd (CCM).
Bank Islam accepting repayment assistance applications
PETALING JAYA: Bank Islam Malaysia Bhd is ready to accept applications for the enhanced targeted repayment assistance (ETRA) from the B40, M40 and microenterprises adversely impacted by the Covid-19 pandemic starting from today.
Water and power, the heartbeat of a nation
FOR an emerging economy like Malaysia, whose landscape is dotted with skyscrapers, industries and commercial entities and with an ever-growing population of urban and rural communities, sustainable water and power are key to developing progressively.
Top Glove shares slump on closure of plants due to Covid-19
KUALA LUMPUR: Shares of Top Glove Corporation Bhd fell to a low of RM6.80 early Tuesday trade after 28 of its factories in Kapar, Klang, will be closed in stages following a surge in Covid-19 cases.
Call for higher minimum retirement age
Malaysians faced with inadequate savings, longer life expectancy
Top Glove expects to overcome challenges quickly
PETALING JAYA: Top Glove Corp Bhd does not expect order cancellations from its customers as a result of delays in delivery due to its reduced operations.
The week that was - Gloves, airlines, Dow Jones
SHARES in Top Glove Corp Bhd buckled this week as the company’s sprawling manufacturing site in Klang, Selangor was put under enhanced movement control order (EMCO) for two weeks since Nov 17 following a surge in new Covid-19 cases.