Top Glove Sdn Bhd

The Top Glove success story began 24 years ago in 1991. Once a local business enterprise with a single factory and 3 production lines, it has since flourished into the world’s largest rubber glove manufacturer, owning and operating 27 factories, 484 production lines and with a capacity of approximately 45 billion gloves per annum. Its outstanding achievements and global recognition are credited largely to its founder Tan Sri Lim Wee Chai, whose visionary stewardship has taken the company from strength to strength. Further continuing its growth trajectory, it was listed on the Malaysian Bourse in March 2001 and has demonstrated steady growth with a compound annual growth rate (CAGR) of 26% for revenue and 27% for profit after tax over the past 14 years. It is also a component stock of the FTSE Bursa Malaysia ("FBM") Mid 70 Index, FBM Top 100 Index and FBM Emas Index with a market capitalisation of RM4.4 billion as at 8th July 2015. As at 31 May 2015, it had a shareholder fund of RM1.48 billion (USD405.5 million) with a turnover of about RM1.8 billion (USD484.3 million). Renown for producing high quality gloves an efficient low cost based on its time-proven Business Direction, Top Glove offers a wide and diverse product range, fulfilling demand in both the healthcare and non-healthcare segment. It serves a network over 2,000 satisfied customers across more than 195 countries, and this number continues to grow. With its eye on the next level of success, Top Glove now aspires to increase its global market share from 25% to 30% by 2020. It is also aggressively expanding its business scope and on the lookout for M&A opportunities in similar and related industries.