SINGAPORE (Oct 17): Top Glove Corporation is seeking to engage in merger and acquisition (M&A) opportunities within the next few months, said the company’s executive chairman Lim Wee Chai to analysts and reporters at a briefing held today.  

According to a Dow Jones report, Lim says the Malaysian rubber glove maker is seeking to target 10% growth in terms of both sales and profit — and that the company expects to seal at least one M&A deal in a month’s time.

This comes after Top Glove last Friday announced earnings of RM98.6 million (S$31.7 million) for 4Q17, up 50.8% from its RM65.5 million in earnings for the same period a year ago on higher sales volumes, mainly attributable to...(click on link for full story on theedgesingapore.com)