Top Glove to invest RM160mil in Cambodian rubber plantation


KUALA LUMPUR: Top Glove Corp Bhd, the world's largest rubber glove manufacturer, is investing RM160mil in Cambodia to plant rubber trees to reduce its dependency on latex which is bought at market prices.

Chairman Tan Sri Lim Wee Chai said the company was targetting to obtain 20% of its latex requirement from the plantation over time.

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