Top Glove Recognised
Perth, May 4: Top Glove Corporation Bhd has been included in the S&P Dow Jones Best in Class Index 2026 for the seventh consecutive year.
The company remains the only Malaysian company in the Health Care Equipment & Supplies sector listed under the Emerging Markets Index.
Top Glove said the inclusion followed its strong performance in the 2025 S&P Global Corporate Sustainability Assessment, where it outperformed the industry average and emerged as the highest-scoring glovemaker among regional peers in Malaysia and Thailand.
“Top Glove’s seventh consecutive inclusion in the S&P Dow Jones Best in Class Index is a strong affirmation of our unwavering commitment to embed sustainability across every aspect of our operations,” remarked Tan Sri Dr Lim Wee Chai, Executive Chairman of Top Glove.
“Our performance reflects disciplined governance, strong transparency and a deep commitment to human capital development, which remains a critical factor for our business and the industry. We remain focused on contributing positively and creating long term value for our stakeholders, while meeting global glove demand responsibly”, Lim added.
The S&P Dow Jones Best in Class Indices assess companies globally on economic, environmental and social sustainability criteria.
Advancecon Wins Contract
Perth, May 4: Advancecon Holdings Berhad has secured a RM47.6 million contract from Johor Corporation for infrastructure works at the Tanjung Langsat Industrial Complex in Pasir Gudang, Johor.
The contract, awarded to its wholly-owned subsidiary Advancecon Infra Sdn Bhd, covers roadworks, drainage systems, street lighting, landscaping and related infrastructure works.
The project is scheduled to begin from April 28, 2026, and be completed within 12 months.
It marks Advancecon’s third major Johor contract secured in 2026, following earlier wins for the Southern Catalyst Innovation District and Southern Ibrahim Technopolis.
Phum Boon Eng, Managing Director of Advancecon Holdings Berhad, said, “We are honoured to be entrusted by Johor Corporation for this infrastructure package within the Tanjung Langsat Industrial Complex. The works will deliver essential roadworks, drainage and supporting infrastructure that strengthen internal access, improve site functionality and support industrial readiness for businesses operating in the area.
We are seeing a clear acceleration of industrial activity across Johor, catalysed by initiatives such as the JS-SEZ and broader cross-border integration. As demand for industrial-ready infrastructure rises, we are proud to contribute our execution capabilities to essential works that support sustained industrial expansion in Johor’s growth areas. We remain committed to delivering high-quality works on time and to the required standards, as we position Advancecon to capture the upside from Johor’s evolving industrial landscape.”
SCIB Backs Divestment
Perth, May 4: SCIB shareholders have approved all resolutions at the company’s Extraordinary General Meeting, clearing the way for a divestment exercise valued at about RM151.19 million.
The proposals include the disposal of SCIB Concrete Manufacturing Sdn Bhd for RM113 million and seven parcels of land with a combined pre-agreed value of RM38.19 million.
SCIB said the exercise will help strengthen its balance sheet, improve liquidity and support its transition into a more focused construction and EPCC player.
Proceeds will be used for ongoing and future construction and EPCC projects, property development initiatives, working capital and capital structure optimisation.
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