BW Businessworld
Malaysia s Top Glove Plans To Raise $1.9 Billion Through Hong Kong Listing
The Kuala Lumpur-listed company floated the idea to seek a listing on the Hong Kong stock exchange in September, after its profit soared more than 17-times for the quarter ended August last year.
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Malaysia s Top Glove Corp plans to raise about HK$14.95 billion ($1.93 billion) through a secondary listing in Hong Kong, as the world s top disposable medical glove maker seeks to cash in on strong performance during the pandemic-driven demand boom.
The Kuala Lumpur-listed company floated the idea to seek a listing on the Hong Kong stock exchange in September, after its profit soared more than 17-times for the quarter ended August last year.
Malaysia s Top Glove Corp plans to raise about HK$14.95 billion through a secondary listing in Hong Kong, as the world s top disposable medical glove maker seeks to cash in on strong performance. | March 4, 2021