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Two of Top Glove's subsidiaries have been placed under a detention order by US Customs and Border Protection, which means that any disposable gloves distributed by these subsidiaries cannot be sold in the US. The move has only added to the glovemakers share price volatility, but a larger question persists: What will this mean for Top Glove's presence in the US market, which makes up 25% of total group sales? We reached out to Morning Run presenter Wong Shou Ning, who attended Top Glove's conference call on the subject, for her thoughts.
Image source : Reuters
See omnystudio.com/listener for privacy information.
By BFM Media3.5
22 ratings
Two of Top Glove's subsidiaries have been placed under a detention order by US Customs and Border Protection, which means that any disposable gloves distributed by these subsidiaries cannot be sold in the US. The move has only added to the glovemakers share price volatility, but a larger question persists: What will this mean for Top Glove's presence in the US market, which makes up 25% of total group sales? We reached out to Morning Run presenter Wong Shou Ning, who attended Top Glove's conference call on the subject, for her thoughts.
Image source : Reuters
See omnystudio.com/listener for privacy information.

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