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Malaysia's Top Glove mulls condom business

Lim Wee Chai, left, Top Glove's executive chairman, and Loh Boon Chye, SGX's chief executive, are all smiles during the glove-maker's listing ceremony in Singapore on Tuesday.

SINGAPORE -- Top Glove, the world's largest maker of latex gloves, may diversify into the condom business.

Although the latex glove industry is growing between 6% and 8% annually, Top Glove's founder on Tuesday said his company has been considering whether condoms can complement its existing business.

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