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0.58920002 USD
0.0378
6.03%
Last update Mar 31, 1:34 PM EDT
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0.58920002
0.58920002
Previous close
0.62699997
Open
0.58920002
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Top Glove Corporation Bhd Sponsored ADR
0.59
0.04
6.03%

Overview

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Description

Top Glove Corporation Bhd Sponsored ADR represents the American Depositary Receipt for the parent company, Top Glove Corporation Bhd, which is headquartered in Malaysia. This ADR allows U.S.-based investors to access shares of the world's largest glove manufacturer on domestic exchanges without directly investing in foreign equity markets. The primary function of Top Glove Corporation is the production and distribution of various types of gloves, including nitrile, latex, and vinyl gloves, which serve essential roles in healthcare, industrial, and consumer markets globally. The company's expertise in glove manufacturing has made it a critical player in the medical and hygiene sectors, especially during global health emergencies. By offering ADRs, Top Glove not only expands its investor base but also enhances liquidity in its shares, thus increasing its market visibility. As a crucial entity in the personal protective equipment industry, Top Glove Corporation has a significant impact on the healthcare supply chain and supports the demand for safety and sanitary products worldwide.

About

CEO
Employees
10200
Address
Top Glove Tower
Level 21 16, Persiaran Setia Dagang Setia Alam, Seksyen U13
Shah Alam, 40170
Phone
60 3 3362 3098
Website
Instrument type
American depositary receipt
Sector
Healthcare
Industry
Medical Instruments & Supplies
Country
United States
MIC code
PINX
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