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Lim Wee Chai (Photo by Takaki Kashiwabara)
Asia300 Summit 2018

Top Glove aims to join Fortune 500 by 2040

World's largest rubber glove maker sees growth in health care and food industry

JUSTINA LEE, Nikkei staff writer | Malaysia

SINGAPORE -- Top Glove, the world's largest rubber glove maker by capacity, aims to become a Fortune 500 company by 2040 by pursuing a bigger share of the international glove market.

As part of its merger and acquisition plans, the company recently acquired Malaysian medical glove maker Aspion for 1.37 billion ringgit (about $350 million) in cash and shares. It is also making plans to enter the Vietnamese market that should be finalized this year.

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