THE role of independent non-executive directors (INEDs) came to light recently when BlackRock Inc – the world’s biggest asset manager with US$7.81 trillion in assets under management – queried Top Glove Corp Bhd’s handling of a Covid-19 outbreak while voting against the re-election of six independent directors at its recent AGM.
A BlackRock unit, BlackRock Institutional Trust Co, is the tenth biggest shareholder in Top Glove, holding 1.07% of its shares.
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