Top Glove Corp Bhd announced on Monday (Jan 10) the appointment of Lester Garson Huang and Anthony Lo as the group’s new independent non-executive directors (INEDs).
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KUALA LUMPUR (Feb 26): Top Glove Corp Bhd, which has spent RM1.4 billion on share buy-back exercises, is planning to float new shares in Hong Kong to raise up to RM7.7 billion.
In a bourse filling, the world s largest glove manufacturer said the dual primary listing exercise on the main board of Hong Kong Stock Exchange entails the issuance of up to 1.5 billion new shares, representing 18.65% of the group s total issued shares of 8.02 billion. The issue price is to be determined later.
The 1.5 billion new shares also include an additional 195 million shares which may be issued under the overallotment option, if the shares are exercised in full, it noted.