# Top Glove plans RM8 billion capex over six years

Top Glove Corp Bhd announced RM8 billion in capital expenditure over six years to add 100 billion pieces per annum to production capacity, from 85.5 billion currently. For FY2021, it plans RM1.9 billion capex for new factory, machinery, and land.

- Type: Investment
- Announced: 2020-09-17
- Where: Malaysia, Malaysia
- Value: $1.92B (8.00B MYR)
- Status: announced
- Capacity: 100 billion pieces per annum
- Products: gloves
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Top Glove Corp Bhd](https://endata.com/companies/16101.md)

## Sources

- [nst.com.my](https://www.nst.com.my/business/2020/09/625437/top-glove-spend-rm8b-capex-next-six-years), 2020-09-18: "Top Glove Corp Bhd has earmarked RM8 billion for capital expenditure (capex) over the next six years, indirectly brushing aside concerns over a glove glut or fiercer competition from new entrants."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.