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 FOUNDATION’S CHARITY CONCERT RAISES RM200,000 FOR FOUR CHARITABLE ORGANISATIONS

Proceeds from the Foundation’s 2022 fund raising initiative will help

charities’ mission to support people with mental disabilities

Shah Alam, Monday, 25 July 2022 Top Glove Foundation (the “Foundation”), the philanthropic arm of Top Glove Corporation Bhd (“Top Glove”), the world’s largest manufacturer of gloves, recently raised RM200,000 for four nongovernmental organisations to aid people with mental disabilities through its 2022 charity concert.

On Saturday, July 23, 2022, around 700 people gathered at the Top Glove Tower ballroom for an evening of delicious and healthy vegetarian food and good company, all for a good cause. The guests included the Top Glove Board of Directors, Top Glove Foundation Board of Trustees, business partners, colleagues, as well as Meru and Kapar community members.

In line with the United Nations’ Sustainable Development Goals (SDGs) of Reducing Inequality (SDG 10) and Partnership for Goals (SDG 17), the charity concert, which featured Top Glove’s musical talents, marked the Foundation’s public fund raising initiative aimed at uplifting and improving the welfare of the underserved community.

Mr. Lim Cheong Guan, the Foundation’s Advisor, who is also Top Glove’s Executive Director, said: As a homegrown business entity, we have always believed in doing well by doing good. Top Glove Foundation was established in June 2009 with the aim of raising funds for the purpose of charity, education, and activities related to the environment and community. Through the years, the Foundation has supported individuals and communities through its three pillars: Community, Education, and Environment.”

At the event, Tan Sri Dr Lim Wee Chai, the Foundation’s Founder and Chairman, who is also Top Glove’s Executive Chairman, with the Foundation’s Board of Trustees presented representatives from the four beneficiaries based in the Klang Valley that supports people with mental disabilities, with mock cheques of their donations. These four beneficiaries are:

  1. Persatuan Kebajikan Amal Da Ai Malaysia,
  2. Persatuan Kebajikan Kanak Kanak Terencat Akal Malaysia
  3. Pusat Jagaan Kanak Kanak Down Syndrome & Hyper Active, and
  4. Persatuan Penjagaan Kanak-Kanak Terencat Akal Selangor.

For more information on Top Glove Foundation, please visit https://www.topglove.com/social-top-glove-foundation

 

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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 and the Dow Jones Sustainability Indices (DJSI) for Emerging Markets. A Forbes Global 2000 company, 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.

Summary of key information:

 

As at 25 July 2022

Number of Factories

49 factories (42 in Malaysia, 5 in Thailand, 1 in China and 1 in Vietnam) comprising:

        37 glove factories

        2 latex concentrate plants

        3 chemical factories

        1 glove former factory

        2 packaging material factories

        1 dental dam factory

        1 condom factory

        1 face mask factory

        1 gamma sterilisation factory

Number of Marketing Offices

7 (Malaysia, USA, Germany, Brazil, China, Thailand, and Vietnam)

Number of Glove Production Lines

812

Glove Production Capacity

100 billion pieces per annum

Number of Employees

22,000