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December: large number of individuals fleeing failing communist regimes in Nicaragua and Cuba contributed to increased number of migrants attempting to cross border. Venezuelans constituted increase continue to arrive at lower numbers as result of migration enforcement process.
World’s largest rubber glove maker’s products were banned by US on concerns of forced and bonded labour, Reuters said.
Top Glove's $1 billion HK listing stalls, in latest blow from U.S. import ban -sources By Scott Murdoch, Liz Lee and Anshuman Daga Reuters HONG KONG (Reuters) -Top Glove Corporation's plan to list in Hong Kong and raise up to $1 billion has been delayed as the world's largest rubber glove maker seeks to resolve a U.S. import ban on its products, sources with direct knowledge of the matter said. The delay is another setback to the Malaysian company from a ban on imports on its products imposed in July by the U.S. Customs and Border Protection (CBP) citing forced labour practices. That ban has ...
The company is awaiting indications from U.S. Customs and Border Protection (CBP) on whether an imports ban would be lifted any time soon.
HONG KONG/KUALA LUMPUR/SINGAPORE (June 1): Top Glove Corporation Bhd's plan to list in Hong Kong and raise up to US$1 billion has been delayed as the world's largest rubber glove maker seeks to resolve a US import ban on its products, sources with direct knowledge of the matter said. The Malaysian firm, which is already listed in Kuala Lumpur and Singapore, flagged in late April it would sell 793.5 million shares in the listing, half what the company proposed in its application to the Hong Kong Stock Exchange in February. However, the deal has stalled as the company awaits indications from US...