In The News
There is always news happening at YTY and in the industry. Browse the latest news and industry updates to keep abreast of current trends, market conditions and timely topics of today.
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YTY is pleased to have been the primary corporate sponsor for the district of Manjung’s largest annual community event, the Manjung Run & Ride 2024 (MRR 2024), which was organized by the Manjung Cycling Club. Staged across two days, between December 7-8, 2024, the event, which was initially expected to attract 2,000 participants, ultimately registered over 3,000 runners and cyclists, including 120 employees from YTY, highlighting the strong enthusiasm by residents in and around the Manjung area to participate.
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PT Medisafe Technologies, a wholly-owned subsidiary of YTY, is proud to announce it was recently awarded a WRAP Platinum certification for a second consecutive audit cycle. Medisafe is the only company in the industry at this time to hold such a distinction. This achievement underscores Medisafe’s continued commitment to maintain high standards of social compliance, pursue ethical labor practices, focus on advanced environmental stewardship, and deliver outcomes that align with the elevated governance standards set forth by its corporate parent, YTY.
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YTY is pleased to announce it has once again been recognized by the Malaysian Society for Occupational Safety and Health (MSOSH), the leading professional body within Malaysia in this space, for continued excellence in workplace safety. YTY was formally recognized and awarded at the 42nd MSOSH Awards Ceremony, held on November 11, 2024, in Selangor, Malaysia. At the ceremony, both of the company’s primary operating facilities, YTY Lekir and YTY Acheh, were awarded Gold Class 1 certifications.
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YTY has always believed in the importance of inclusivity, community well-being, and a shared respect for people from all backgrounds, creeds, and religions. Given our non-denominational stance, we are pleased to announce we have donated over RM 300,000 in the preceding period to rebuild multiple community places of worship. The contributions were provided between June and October 2024, and involved support of four different projects based on outreach efforts by community leaders.
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YTY recently demonstrated its compassion and commitment towards improving the lives of those less fortunate by preparing and distributing a whopping 20,000 meals to families in need. The event was conducted in collaboration with Rise Against Hunger’s Malaysian chapter. Rise Against Hunger is an international relief organization that fights hunger around the world by coordinating the distribution of food and other life-saving aid, as well as assisting communities or segments of population that face high levels of food insecurity.
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YTY is pleased to participate in the International Rubber Glove Conference & Exhibition (IRGCE) 2024. The exhibition, which is staged once every two years, is perennially hosted by the Malaysian Rubber Glove Manufacturer’s Association (MARGMA). IRGCE is the industry’s leading trade show that brings together customers, suppliers, and other stakeholders involved in the rubber glove manufacturing ecosystem.
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In conjunction with Malaysia’s National Day, YTY organized a Corporate Social Responsibility (CSR) event at Sekolah Kebangsaan (SK) Batu 10 Lekir, focusing on an important topic, “Anti-Bullying and Crime Prevention for Children.” The workshop was the main event during the school’s month-long National Day 2024 campaign which ends on Malaysia Day on September 16, 2024.
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YTY Industry is pleased to announce it has been awarded a second consecutive Gold certification with no findings by Worldwide Responsible Accredited Production (WRAP) for our Malaysian manufacturing operations. WRAP is an independent not-for-profit audit agency with a globally recognized accreditation standard that utilizes a rigorous and well-defined certification framework for social compliance monitoring and evaluation.
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YTY is pleased to have organized a mangrove planting activity in Changkat Keruing, Perak, as part of our on-going corporate social responsibility (CSR) efforts. The CSR activity involved the voluntary participation of 50 employees and their family members and, in addition to the planting itself, included an insightful environmental awareness talk aimed at fostering a deeper understanding of the importance of mangrove ecosystems.
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YTY is pleased to sponsor the refurbishment and relocation of a library and resource center at Sekolah Jenis Kebangsaan Tamil (SJKT) Maha Ganesa Viddyasalai, a local primary school situated in the Manjung district, a short distance away from YTY’s Sitiawan manufacturing facilities. The sponsorship reflects YTY’s ongoing commitment to education, community development, and empowering young learners.
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We are pleased to release the second annual issue of YTY Cares, our corporate social responsibility newsletter. As with our inaugural issue, this newsletter seeks to capture the activities, campaigns, and causes YTY Group has been passionately involved in 2023. The link to the latest issue of YTY Cares is here. No downloading is required. Happy reading!
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As a sign of our continued commitment to individual well-being and community care, YTY is pleased to have concluded a month-long sponsorship of multiple dialysis treatments for 20 needy patients. This was done in partnership with the Manjung Dialysis Centre, a local non-profit organisation providing life-saving kidney care to individuals from around the community, including low-income patients.
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YTY Industry is pleased to announce it has been awarded a Gold certification by Worldwide Responsible Accredited Production (WRAP), an independent agency with globally recognized accreditation standards, that focuses on promoting safe, lawful, humane and socially compliant manufacturing practices through a comprehensive audit and certification program.
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YTY employees enthusiastically participated in a CSR activity focused on wildlife preservation at the Segari Turtle Sanctuary on May 27, 2023, in celebration of World Turtle Day 2023. The sanctuary is located next to Segari beach, one of only three landing sites for green sea turtles on the Western Coast of Peninsular Malaysia.
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We are pleased to release the inaugural issue of YTY Cares, our corporate social responsibility newsletter. The newsletter showcases various community causes, philanthropy, and other forms of giving that YTY has progressively participated in 2022 in Malaysia. The link to the inaugural issue of YTY Cares is here. No download is required. Happy reading!
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YTY is pleased to have taken the initiative to lead an extensive beach cleaning exercise at the Lekir Forest Reserve on Tanjung Kepah Beach, in collaboration with the District Forestry Department and the Manjung City Council. Participants of the activity collected over 186 kilograms of trash that would otherwise have ended up in the sea, where it could endanger marine life.
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Given the unprecedented devastation that has occurred in Turkey as a result of two deadly earthquakes, YTY is responding with a donation of two million medical exam gloves. This donation is being provided directly to the Turkish Embassy in Malaysia, who is coordinating disaster relief efforts within the country.
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YTY is pleased to announce that on February 8, 2023, US Customs & Border Protection (CBP) issued a modification to its Withhold Release Order (WRO) to allow for the resumption of shipments of single-use gloves into the United States by YTY Industry Holdings Sdn. Bhd. and all YTY subsidiaries identified in the WRO.
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YTY Group is pleased to announce that it has been recognized multiple times by the Malaysian Society for Occupational Safety & Health (MSOSH), the leading professional body for occupational safety and health standards and compliance within Malaysia, at the 40th MSOSH Awards Ceremony 2022 held in Kuala Lumpur, Malaysia, on December 21.
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YTY is pleased to confirm that its wholly-owned subsidiary, PT Medisafe Technologies, has been awarded a Platinum certification by the Worldwide Responsible Accredited Program (WRAP), which is a known and respected agency focused on promoting safe, lawful, humane and ethical manufacturing at facilities around the world.
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YTY Sponsors MRR 2024 to Celebrate Health, Community, and Local Enterprise
YTY is pleased to have been the primary corporate sponsor for the district of Manjung’s largest annual community event, the Manjung Run & Ride 2024 (MRR 2024), which was organized by the Manjung Cycling Club. Staged across two days, between December 7-8, 2024, the event, which was initially expected to attract 2,000 participants, ultimately registered over 3,000 runners and cyclists, including 120 employees from YTY, highlighting the strong enthusiasm by residents in and around the Manjung area to participate.
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Medisafe Technologies Awarded Second Consecutive WRAP Platinum Certification
PT Medisafe Technologies, a wholly-owned subsidiary of YTY, is proud to announce it was recently awarded a WRAP Platinum certification for a second consecutive audit cycle. Medisafe is the only company in the industry at this time to hold such a distinction. This achievement underscores Medisafe’s continued commitment to maintain high standards of social compliance, pursue ethical labor practices, focus on advanced environmental stewardship, and deliver outcomes that align with the elevated governance standards set forth by its corporate parent, YTY.
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YTY Recognized Once Again by MSOSH for Excellence in Workplace Health and Safety
YTY is pleased to announce it has once again been recognized by the Malaysian Society for Occupational Safety and Health (MSOSH), the leading professional body within Malaysia in this space, for continued excellence in workplace safety. YTY was formally recognized and awarded at the 42nd MSOSH Awards Ceremony, held on November 11, 2024, in Selangor, Malaysia. At the ceremony, both of the company’s primary operating facilities, YTY Lekir and YTY Acheh, were awarded Gold Class 1 certifications.
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YTY Donates Over RM 300k to Rebuild Community Places of Worship
YTY has always believed in the importance of inclusivity, community well-being, and a shared respect for people from all backgrounds, creeds, and religions. Given our non-denominational stance, we are pleased to announce we have donated over RM 300,000 in the preceding period to rebuild multiple community places of worship. The contributions were provided between June and October 2024, and involved support of four different projects based on outreach efforts by community leaders.
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YTY Partners with Rise Against Hunger to Combat Food Insecurity
YTY recently demonstrated its compassion and commitment towards improving the lives of those less fortunate by preparing and distributing a whopping 20,000 meals to families in need. The event was conducted in collaboration with Rise Against Hunger’s Malaysian chapter. Rise Against Hunger is an international relief organization that fights hunger around the world by coordinating the distribution of food and other life-saving aid, as well as assisting communities or segments of population that face high levels of food insecurity.