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Top Glove - Keeping Calm Under Fire?

Wong Shou Ning, Morning Run Presenter, BFM

17-Jul-20 09:17

Top Glove - Keeping Calm Under Fire?

Two of Top Glove's subsidiaries have been placed under a detention order by US Customs and Border Protection, which means that any disposable gloves distributed by these subsidiaries cannot be sold in the US. The move has only added to the glovemakers share price volatility, but a larger question persists: What will this mean for Top Glove's presence in the US market, which makes up 25% of total group sales? We reached out to Morning Run presenter Wong Shou Ning, who attended Top Glove's conference call on the subject, for her thoughts.

Image source : Reuters

Produced by: Wong Shou Ning

Presented by: Lyn Mak, Roshan Kanesan, Noelle Lim

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Tags:  glovestop gloveustrademarketsConsumer Goods/ServicesGovernment/Regulatory/Policy MakingPolitics, News, Current AffairsHealth


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