Top Glove buys GMP Medicare

KUALA LUMPUR: Top Glove Corp Bhd, the world's largest rubber glove maker, has bought the entire stake of GMP Medicare Sdn Bhd from Matang Manufacturing Sdn Bhd for RM24.1 million. Top Glove yesterday said the acquisition is in line with its plan to raise global market share. Malacca-based GMP was set up in March 1984 and deals in the manufacturing and sale of rubber gloves.