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Top Glove shares edge higher on packaging materials deal

$11m purchase will help Malaysian glove maker save costs

Top Glove's headquarters in Kuala Lumpur. (Photo by Keiichiro Asahara)

KUALA LUMPUR -- Shares of Top Glove finished 3.7% higher at 6.63 ringgit on Monday, following the Malaysian company's announcement on Friday of its 46.25 million ringgit ($10.92 million) purchase of a packaging materials company. 

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