28 Jun '17, 1am

12 things you need to know about Top Glove Corporation before you invest: The rubber glove is an indispensable item…

The rubber glove is an indispensable item in today’s healthcare industry and global demand has risen steadily. In 2005, we consumed 110 billion pieces of rubber gloves. By 2016, the amount increased to 190 billion pieces. This is due to the rising demand for better healthcare and hygiene standards as a result of a growing aging population, the emergence of new health threats, and stringent health reforms and regulations,. Today, 63% of the world’s rubber gloves is supplied by Malaysia. This is unsurprising as Malaysia has plenty of rubber trees. Currently, the nation is the third largest producer of rubber in the world. The abundance in rubber has greatly contributed to the growth of the country’s rubber glove industry. Top Glove Corporation Berhad (Bursa: 7113; SGX: BVA) is the largest rubber glove manufacturer in the world. It single-handedly supplies 25% of the global d...

Full article: http://thefinance.sg/2017/06/28/12-things-you-need-to-kno...

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