Top Glove Corp Bhd
’s founder and chairman Tan Sri Lim Wee Chai’s entry into property developer LBS BINA GROUP BHD over the past week is noteworthy.
Market observers believe that this is a strategic move that may become clearer over time.
They point out that while Lim has made his fortune in the rubber glove industry over the years, it is likely that he is diversifying his risks and also possibly looking at ways to monetise some of the real estate assets parked in Top Glove.
...