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Top Glove plans to go for tenders as it seeks to take advantage of current prices

KUALA LUMPUR (June 9): Top Glove Corporation Bhd plans to step up its rubber glove sales via tenders in view of the delivery time of at least one year, and the opportunity to take advantage of the current average selling prices. “Right now the prices for gloves are still high, so it is a good time to go for tender business. We have closed a few tender businesses in the Middle East,” the group s managing director Datuk Lee Kim Meow said in a virtual briefing today. He also said Top Gloves no longer receives a lot of spot orders from clients, adding that the group now has the capacity to fulfill contractual orders.

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