06 September 2021

An Investment Scheme from TOP GLOVE ???

Who in Malaysia doesn't know Top Glove? Established in 1991 and headquartered in Malaysia, Top Glove Corporation Bhd is the world’s largest manufacturer of gloves.

Today, the company captured 26% of the world market share for rubber gloves. The company has manufacturing operations in Malaysia, Thailand, Vietnam and China. It also has marketing offices in these countries as well as USA, Germany and Brazil and exports to over 2,000 customers in 195 countries worldwide. In the year 2021, Top Glove was also included the Forbes Global 2000 and is the only Malaysian glove company on the prestigious list. 𛱠



How about Top Gloves Investment?
(Got 's' there means many many gloves?)

We can place our money with the company and they will help us to do investments?

Sure or not?



Below is the INVESTOR ALERTS ANNOUNCEMENTS from SC:

The Securities Commission Malaysia (SC) has updated the Investor Alert List that contains the list of unauthorised websites, investment products, companies and individuals. Please take note that this list is not exhaustive and only serves as a guide to investors prior to making any investment decisions.



The following person(s)/entity(ies) was/were added to the list as at 30 August 2021:
  • Potential Clone Entity – Top Gloves Investment

The list is updated periodically for public’s reference. The list is available at SC’s website - https://www.sc.com.my/investor-alert. Members of the public are encouraged to alert the SC if you come across any suspicious capital market activities. Queries or complaints can be made to the SC at tel: +603 6204 8999 or e mail: aduan@seccom.com.my.



Okay... What did Top Glove say?

Meanwhile, Top Glove Corp claims on its website that its legitimate operating unit Top Glove Sdn Bhd does not have any investment programme or trading platform for investments.

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The 4 Kings of Rubber Glove Industry !!!
https://financemalaysia.blogspot.com/2020/07/the-4-kings-of-rubber-glove-industry.html

A Letter from Top Glove's Tan Sri Dr. Lim Wee Chai on 19 April 2021
https://financemalaysia.blogspot.com/2021/04/a-letter-from-top-gloves-tan-sri-dr-lim.html


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