Malaysia's Top Glove Corp, the world's largest medical gloves maker, hiked its proposed dividend on Monday as its shares came under pressure from speculation the rollout of COVID-19 vaccines could hit demand for its products.
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Malaysia’s Top Glove Corp reported on Monday that one of its workers died after contracting COVID-19, the first death since an outbreak at its dormitories and factories.
The world’s largest glove maker told the Reuters news agency in an email that the 29-year-old worker from Nepal died on Saturday due to COVID-19 pneumonia with lung fibrosis.
He had worked at its manufacturing facility in Klang, 40 kilometres (25 miles) west of the capital Kuala Lumpur, for more than two years, the firm said.
The outbreak at Top Glove’s facilities in which more than 5,000 workers tested positive was Malaysia’s largest cluster. The company said it first detected infections on November 2 among workers who took mandatory pre-flight tests in preparation to return home.