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Malaysia's Top Glove says no systemic forced labour found at firm, reports record profit


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KUALA LUMPUR (Reuters) - Top Glove Corp Bhd said an independent consultant has found there is “no longer” any indication of systemic forced labour at the world’s largest medical glove maker after it took steps to address U.S. allegations of such practices.
FILE PHOTO: General view of a Top Glove factory in Klang, Malaysia December 10, 2020. REUTERS/Lim Huey Teng
The firm announced the findings on Tuesday as it posted a fourth consecutive quarter of record profit - benefiting from soaring demand for its gloves during the COVID-19 pandemic - and revealed it aimed to list shares in Hong Kong in May or June. ....

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Top Glove says no systemic forced labour found at firm, reports record profit | Money


Wednesday, 10 Mar 2021 10:00 AM MYT
A worker collects rubber gloves at Top Glove’s factory in Klang, outside Kuala Lumpur, March 11, 2008. Reuters pic
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KUALA LUMPUR, March 10 ― Top Glove Corp Bhd said an independent consultant has found there is “no longer” any indication of systemic forced labour at the world s largest medical glove maker after it took steps to address US allegations of such practices.
The firm announced the findings yesterday as it posted a fourth consecutive quarter of record profit ― benefiting from soaring demand for its gloves during the Covid-19 pandemic ― and revealed it aimed to list shares in Hong Kong in May or June. ....

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