November 18, 2021

Top Glove Offers Opportunities For Local Vocational Graduates

 Let's seize this golden opportunity.

Top Glove Corp Bhd has signed a memorandum of understanding (MoU) with the Ministry of Education (MOE) to support the development of technical and vocational training (TVET) education in the country.

The MoU signed on Thursday marked the beginning of a 5 -year collaboration between Top Glove and the MOE aimed at developing TVET in Malaysia, increasing the country's employment rate and promoting the development of a knowledge -based economy.

The collaboration will see TVET students and graduates from 84 local vocational colleges being given the opportunity to undertake industrial training, employment opportunities and the opportunity to obtain scholarships under Top Glove.

Top Glove added that the partnership is in line with their vision to increase the knowledge -based workforce in Malaysia by 2025, which is centered on increasing the use of automation, digitization, robotics and artificial intelligence.

Top Glove managing director Datuk Lee Kim Meow said the company recognized the important role played by TVET graduates in driving progress and innovation in the Fourth Industrial Revolution.

Top Glove’s 2021 (FY21) financial year report has seen the company hire a total of 2,460 TVET graduates comprising 340 management level employees, 800 industrial training trainees and 1,320 local employees.

Top Glove aims to hire a total of 2,000 TVET graduates by FY22.

As of noon yesterday, Top Glove shares were down 13 sen or 5.18% to RM2.38 with a market capitalization of RM19.53 billion.