Top Glove Corporation Bhd Sponsored ADR (TGLVY)

Overview

Top Glove Corporation Bhd., founded in 1991 and based in Shah Alam, Malaysia, is an investment holding company with a primary focus on manufacturing, trading, and selling gloves. With its comprehensive range of products, the company has established a significant global foothold, exporting to various countries including Malaysia, Thailand, the People's Republic of China, and other international markets. Besides its core glove manufacturing business, Top Glove has expanded its portfolio to include a multitude of related products and services, encompassing healthcare, consultancy, property investment, and renewable energy, among others. This expansive diversification reflects the company's vision to not just lead in the glove manufacturing sector but to also contribute substantively across different sectors.

Products and Services

• Nitrile, latex, surgical, rubber, examination, medical, and vinyl gloves

These constitute the core product lines, offering a wide range of gloves for various medical and industrial applications.

• Concentrate and synthetic latex, formers, chemicals and chemical compounds

Top Glove provides essential materials for glove manufacturing, enabling control over the quality and supply chain.

• Rubber dental dams, exercise bands, condoms, and rubber related products

Expanding its rubber product range, the company caters to healthcare, fitness, and personal care markets.

• Packaging materials, boxes, and cartons

Offering customized packaging solutions for its products enhances the marketing and logistics efficiency.

• Disposable and medical face masks

Responding to global needs, especially highlighted during health crises, the company supplies high-demand hygiene products.

• Engineering parts and rubber glove machinery

Top Glove also provides machinery and parts for glove production, supporting both its operations and those of other manufacturers.

• Property investment and consultancy services, and electrical engineering works

The company diversifies its investment portfolio through property and offers consultancy in various specializations.

• Clinical and specialist medical services; analytical, medical related consultancy, emergency medical, advisory, accommodation, management and trading, and value added services

Extending its reach into direct healthcare services, Top Glove ventures into providing specialist medical services and consultancy.

• Management services in plantation sector; processing of plantation produce

Engaging in plantation management and processing, the company secures raw materials essential for its core products.

• Industrial forest plantation services, as well as forestry and industry services

This signifies Top Glove's commitment to sustainability and responsible sourcing within its supply chain.

• Trading in healthcare related products; distributing medical devices and products, and other hospital related products

The company's distribution network ensures a wide reach for various healthcare and medical products across markets.

• Generates and supplies energy and electricity using biomass technology

Investing in renewable energy, Top Glove supports environmental sustainability while also ensuring energy supply for its operations.

• E-commerce services for glove trading and other healthcare products

Embracing digital transformation, the company leverages e-commerce to extend its market reach and customer service.

• Gamma irradiation services for sterilization of gloves and medical devices

Providing sterilization services underlines Top Glove’s commitment to ensuring the safety and quality of its healthcare products.

• Real estate buying and selling

The company also engages in real estate transactions, further broadening its investment horizons.