Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Search results

1-10 results from 345 for query «glove»

January 15, 2018 3:37 AM HLIB maintains ‘buy’ call on Top Glove

In a note, HLIB increased Top Glove’s target price to RM9.95 from RM8.47. — Malay Mail picKUALA LUMPUR, Jan 15 — Hong Leong Investment Bank (HLIB) has maintained a “buy” call on Top Glove Corporation Bhd on the back of an earnings accretive acquisition. In a note, HLIB increased Top Glove’s target price to RM9.95 from RM8.47. The research firm said Top Glove 11

January 12, 2018 7:37 AM Top Glove acquires Adventa Capital unit for RM1.37b

The Top Glove factory. — Malay Mail picKUALA LUMPUR, Jan 12 — Malaysia's Top Glove Corp Bhd said on today that it has acquired a surgical glove business owned by Adventa Capital Pte Ltd for RM1.37 billion. The acquisition of Aspion Sdn Bhd makes Top Glove one of the world's largest surgical glove manufacturers, on top of being the largest rubber glove 10

January 12, 2018 6:03 AM Top Glove buys Aspion for RM1.37 billion

SHAH ALAM: Top Glove Corp Bhd, which expects to complete its RM1.37 billion acquisition of surgical glove producer Aspion Sdn Bhd in April, is aiming to acquire two more companies in 2018 and four companies next year. Executive chairman Tan Sri Dr Lim Wee Chai stressed that the group needs to grow both organically and through merger and acquisitions 4

December 2, 2017 11:50 PM Nepalese hurled from 3rd floor of hostel dies

SITIAWAN: A Nepalese died at the Seri Manjung Hospital following a fight with a co-worker during which he was hurled from the third floor of a hostel located within a glove manufacturing factory in Kampung Acheh here on Friday. The 30-year-old factory worker, whose identity was witheld by the police succumbed to head and body injuries about 10.30am yesterday 7

November 3, 2017 1:07 AM 50 years of rock memorabilia on offer in LA auction (VIDEO)

LOS ANGELES, Nov 3 — Memorabilia from more than 50 years of rock and roll is set to go under the hammer tomorrow. Items once owned by The Beatles, Kurt Cobain, Elvis Presley, Michael Jackson, Prince, Jimi Hendrix, Madonna comprise the lots up the Icons and Idols Auction taking place in Los Angeles. Screengrab from the Reuters video on the rock and roll memorabilia 17

October 28, 2017 7:17 AM Fund to upgrade facilities helps manufacturers modernise

KUALA LUMPUR: The RM245 million grant under the Domestic Investment Strategic Fund to upgrade facilities for Smart Manufacturing is in line with the industry's aspirations to fully automate and modernise manufacturing plants across the country. The Malaysian Rubber Glove Manufacturers Association (Margma) said the RM200 million allocation set aside for rubber 10

October 17, 2017 8:57 AM Top Glove plans RM1bil acquisition

SHAH ALAM: Top Glove Corp Bhd will soon announce a major acquisition which will be around RM1bil, according to its chairman Tan Sri Lim Wee Chai. “It is something good and we are 99% sure it’s in hand. We’ll announce it within the month,” he said at a press and analyst briefing at the company’s headquarters here on Tuesday. The company that will soon be acquired 16

September 4, 2017 2:35 PM Ad hoc holidays burdensome to industries, says company

Top Glove chairman Lim Wee Chai says businesses get disrupted by an unplanned holiday, with the salary cost estimated at RM1.5 billion. PETALING JAYA: The founder of investment holding firm Top Glove Corporation Bhd has cautioned that declaring public holidays on an ad hoc basis can prove detrimental to industries in the country as it can affect their 10

July 26, 2017 9:16 AM Top Glove invests RM75mil on condom production

KUALA LUMPUR: Top Glove Corp Bhd has allocated an initial investment of RM75mil for the first phase of the company’s condom production starting August 2018. Executive chairman Tan Sri Dr Lim Wee Chai said the move was part of the company’s diversification exercise to mitigate intense competition in the glove market. “The factory and machinery would be ready 10

June 16, 2017 8:29 AM Top Glove's Q3 profit up 24.4% on better cost management

IMPROVEMENTS in its manufacturing process with the aim of managing costs gave a lift to the results of Top Glove in its third quarter. Net profit jumped 24.4 per cent to 77.7 million ringgit (S$25.1 million) from the previous year, the group said in a Singapore Exchange filing on Friday. For the three months ended May 31, revenue jumped 29.4 per cent to 869.6 million 9