Top Glove Corp Bhd is targeting for a listing on the Hong Kong stock exchange by next year.

Its chairman Tan Sri Lim Wee Chai said that the group is currently talking to bankers for the potential initial public offering (IPO) of Top Glove for the third time after Bursa Malaysia and Singapore.

Lim pointed out that the listing in Hong Kong is to expand the company presence and be more visible to the global market.

Hartalega bought land for expansion from the unusual profits but Top Glove bought back shares using the unusual profits. 2 differrent mentality.

Most glove production lines came from PRC.

PRC provincial gomem is very supportive of glove industry and cheaper energy cost.

PRC big players ventured into upstream e.g nbr production.

Once china joins the gloves fray it's GGwp for topglov hodlers.

Now the whole world scared of them once they open their borders 🤦‍♀️

Every country now will starting testing China citizens abroad 👏

Confirmed got new waves wait for new mutations 🤦‍♀️

Japan should be worried now

Does Malaysian glove manufacturer export to China? Understand China have their own glove factories

As long as there are mass testing going on they will be very happy 😂

These gloves were buried with packaging.

Buying up small players was how tg grew.

Tg is known to undercut small players on purpose to push them to fold before offer to buy at low price.

In essence economies of scale

Scalability is needed especially in low margin and price of goods

Malaysia’s rubber glove manufacturers must now submit comprehensive audit reports clearing them of forced labour practices before they can sell to the UK’s National Health Service (NHS).

https://www.malaysiakini.com/news/656487

chicken is coming home to roost

TG complied

I'll believe more on the attempt to claim fire insurance story instead of sabotage by workers. Fire insurance card very famous during hard time.