Feature
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Top Glove Sets Its Sights On Higher Aspirations The world’s largest manufacturer of high-quality gloves at an efficient low cost, aims to increase its market share to 30% by year-end and become a Fortune Global 500 Company by 2040.
stablished in 1991 and headquartered in Malaysia, Top Glove Corporation Bhd is the world’s largest manufacturer of nitrile, natural rubber and surgical gloves with 26% of the global market share. The company has manufacturing operations in Malaysia, Thailand and China with a production capacity of 78.7 billion gloves per annum, alongside marketing offices in these countries as well as USA, Germany and Brazil and exports to over 2,000 customers in 195 countries worldwide.
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With the support of its 19,000 employees, Top Glove continues to produce high-quality gloves at an efficient low cost in line with its timetested Business Direction. Not content to rest on its laurels, Top Glove has set its sights on higher aspirations, which include increasing its world market share to 30% by year-end 2020 and becoming a Fortune Global 500 Company by 2040. Top Glove began as a local business enterprise with a single factory and one production line. Today, it is not only the world’s largest glove manufacturer, but also offers a comprehensive product range, fulfilling demand in both the healthcare and non-healthcare segment. Its achievements and international
recognition are credited to its founder, Tan Sri Dr Lim Wee Chai, who has grown the company into the resounding success it is today. To ensure it continues to deliver a strong performance and customer satisfaction, Top Glove invests extensively in R&D to drive product innovation and improve process efficiency. Tan Sri Dr Lim has also instilled a unique employee-centric culture prioritising good health, discipline and the upholding of good business ethics. These have also contributed to Top Glove’s success story. Tan Sri Dr Lim constantly emphasises that it is the people that form the foundation of the company.
Best Wishes for Datuk Seri Garry Chua “Thank you Datuk Seri Garry Chua for your astute leadership and congratulations on a successful presidency. I wish you all the best in your future undertakings. Also, I encourage you to practise the 5 Wells (Clean Well, Eat Well, Work Well, Exercise Well and Sleep Well), so you can live long and healthily until you are 120 years old, which is my life target. “Work is our hobby, Exercise is our duty, Health is our wealth.” – Tan Sri Dr Lim Wee Chai, Founder & Executive Chairman, Top Glove Corporation Bhd.
Malaysia Retailer Vol 8 No 2
