The latest update is out from Top Glove Bhd ( (TPGVF) ).
Top Glove Corporation Bhd announced the voluntary winding-up of its indirect subsidiary, Great Glove (Xinghua) Co. Ltd., in China. The decision, registered by the Taizhou Municipal Bureau of Market Supervision, is not expected to impact the company’s earnings or net assets significantly for the financial year ending August 2025. This move suggests a strategic realignment of Top Glove’s operations in the region without affecting stakeholders connected to the company.
More about Top Glove Bhd
Top Glove Corporation Bhd is a leading company in the rubber glove manufacturing industry, providing high-quality gloves to a global market.
YTD Price Performance: -14.67%
Average Trading Volume: 2,515
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.19B
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