KUALA LUMPUR, Jan 8 (Reuters) – Top Glove Corp. Malaysia defended its board on Friday after BlackRock Inc issued a scathing statement, attacking how the company handled a coronavirus outbreak and says he voted against the re-election of six leaders this week.
The six independent directors were re-elected at the company’s annual general meeting on Wednesday, receiving between 86.5% and 72.3% of shareholder votes.
The world’s largest asset manager said staff accounts of work and live conditions, the spying of a virus spy and browser were criticized by the board, and said he would vote against the re-election of other directors at future meetings.
In its statement, Top Glove, the world’s largest manufacturer of medical grade gloves, said its independent directors have spent an average of six years and the board meets regularly. to consider the pandemics and other management issues.
BlackRock’s unit, BlackRock Institutional Trust Co., is the tenth largest shareholder in Top Glove, holding 1.07% of its shares.
More than 5,000 foreign workers at Top Glove were infected and one of them died during a coronavirus outbreak last year in the largest gathering in Malaysia. (Reporting by Liz Lee; Editing by Edwina Gibbs)