Top Glove Corporation Bhd

(Company No. 199801018294 [474423-X])

Top Glove Media Contact:

Michelle Voon
[email protected]
+603-3362 3098 Ext 2228
+6016 668 8336

Investor Contact:

Mabel Tan
[email protected]
+603-3362 3098 Ext 2260
​​​​​​​+6012 355 8666

PRESS RELEASE

For Immediate Release

TOP GLOVE UPDATES REMEDIATION WORK IN RELATION TO EARLIER FINDINGS IS IN PROGRESS

 

 

Shah Alam, Monday, 5 April 2021 Top Glove wishes to reiterate that per its Press Statement dated 1 April

2021, it has clarified with the U.S. Customs and Border Protection (CBP) and no new additional issues on

forced labour have been discovered or added.

CBP has requested Top Glove to carry out additional rectification and verification work in relation to the

earlier findings, in the following areas:

i. identity documents retained by recruitment agents to be returned to the workers, which affects

less than one percent of its workers

ii. remediation for workers who did not manage to come to Malaysia to work due to COVID related

lockdowns

Top Glove is presently working on addressing and fully remediating the identified issues expeditiously.

Top Glove clarifies that to date, no disposable gloves have been seized pursuant to the Withhold Release

Order (WRO). There is also no financial and operational impact to the Company based on current

assessment.

Top Glove remains committed to the welfare, health and safety of our workforce. 

 

About Top Glove Corporation Bhd

Top Glove Corporation Bhd is listed on the Bursa Malaysia Stock Exchange Main Board and Singapore

Exchange Mainboard. It is also one of the component stocks of the MSCI Global Standard Index, FTSE

Bursa Malaysia KLCI Index, FBM Top 100 Index, FBM Emas Index, FBM Hijrah Syariah Index, FBM

Emas Syariah Index, FTSE4Good Bursa Malaysia Index and the Dow Jones Sustainability Indices (DJSI)

for Emerging Markets. Top Glove is currently the world’s largest manufacturer of gloves with an established

corporate culture and good business direction of producing consistently high quality, cost efficient gloves.

Top Glove has over 2,000 customers worldwide and exports to more than 195 countries.