Top gloves become the epicenter of Malaysia’s Kovid revival

SINGAPORE – Top Glove, the world’s largest medical glove maker, has closed 20 manufacturing sites in Malaysia after testing thousands of workers for Kovid-19.

Local media reported on Wednesday that a total of 2,684 top glove employees – most of them foreign workers – have tested positive on Wednesday, citing Malaysia’s senior security and defense minister Ismail Sabri Yakub.

This is the largest cluster ever According to data from Malaysia’s Ministry of Health, new infections in the Southeast Asian country, where resurgence in cases forced the government to again oppose the new round of partial lockdown measures.

Authorities in the country are testing all top glove workers in affected factories and dormitories for coronovirus. International Trade and Industry Minister Mohammad Azmin Ali told CNBC on Thursday that the government hopes to “mitigate this problem within the next two weeks”.

CNBC’s “Street Signs Asia” said, “It is very unfortunate that until recently, there were some issues in the context of positive cases recorded in factories.”

Azmin pointed out that Top Glove was one of the companies in Malaysia’s lockdown to continue with the entire operation, valuing both the local and global markets.

The company has seen an increase in demand for its products as a result of the epidemic. This contributed to the increase in the price of its shares.

Top gloves stocks listed in Malaysia and Singapore Its factory remains submerged following announcements, but both markets have grown more than 300% so far this year, data from Refinitive showed.

Top Glove said in a statement Wednesday that some of its 5,700 workers have been tested for the virus, and Screening of the remaining employees can be completed by the end of this week.


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