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

Self-regulation is key as people can cheat despite layers of oversight, says Top Glove executive chairman EN

KUALA LUMPUR (June 29): Top Glove Corp Bhd executive chairman Tan Sri Lim Wee Chai said self refereeing and self-regulation are key in the running of any organisation

In the group's latest annual report, Lim said checks and balances ensure that people behave right, but noted that people will cheat no matter how many layers of oversight are implemented.

“I have been a golfer for many years. Any golfer will tell you that this sport forces us to self referee and self-regulate our behaviour. We do not necessarily need a third party to check on us. In short, you are the player and referee.

“This rule is applicable and relevant in the running of any organisation. Systems and processes, audit and compliance mechanisms are added oversights on human characters and behaviours. These checks and balances ensure we behave right. Countries and businesses invest a lot in them.

“People can cheat no matter how many layers of oversight we implement and institute,” Lim said

He added that Top Glove emphasises the values of honesty, integrity and transparency to ensure that each individual in the company self regulates their actions.