Datuk KM Lee: Integrity, Honesty, Transparency, Top Gloves ESG Identity


Datuk KM Lee: Integrity, Honesty, Transparency, Top Glove's ESG Identity

The world’s largest latex rubber glove manufacturer has embarked on the acquisition trail and expects revenue to breach RM1 billion this year. Top Glove MD Datuk Lee Kim Meow tells AWANI Review’s Ibrahim Sani he aims to take the business to greater heights all the while instilling a world-class corporate culture to get there.

Top Glove is honoured to be amongst a select 35 out of over 700 public-listed companies in Malaysia, which are constituents of the FTSE4Good Bursa Malaysia Index, having demonstrated a leading approach to addressing Environmental, Social and Governance (ESG) risks, in accordance to globally recognised standards.

They are also recognized as having one of the highest standards of corporate governance as the company was named one of the Top 2 Publicly Listed Companies with Outstanding Achievement, at an award ceremony held in Manila.

We have a very strong view on the need to adopt and display good behaviour amongst our people, our employees

“We have a very strong view on the need to adopt and display good behaviour amongst our people, our employees,” says Datuk Lee Kim Meow, Top Glove Managing Director. “In fact, internally we have the three ‘top’ initiatives everyone must hold dear to; Top Integrity, Top Honesty, and Top Transparency” he adds.

Indeed, the rubber maker is the darling of investors both retail and institutional alike. Top Glove emerged a winner at the prestigious Malaysia-Asean Corporate Governance Awards 2016 in two distinct categories - upholding transparency and good corporate governance.

“Our acquisition of Aspion Sdn Bhd, amounting to RM1.37 billion is just one of the many mergers and acquisitions we plan to embark in the next few months,” says Datuk Lee. “We know we are good in a few things and our partners and competitors are great in other things. That is why we want to continue to pursue organic and inorganic growth to push the boundaries of the company further.” 

Top Glove assets amount to over RM3.2 billion as of the second quarter. Their revenue is expected to surpass the RM1 billion mark this year following the acquisition of their rivals. But the question remains on whether their strong internal culture can be shared with their new ‘family members’ to the group.

Watch the full interview between Top Glove’s Datuk Lee and AWANI Review’s Ibrahim Sani below.