Tuesday, 01 Jun 2021 01:37 PM MYT
Top Glove flagged in late April it would sell 793.5 million shares in the listing, half what the company proposed in its application to the Hong Kong Stock Exchange in February. Reuters pic
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HONG KONG, June 1 Top Glove Corporation’s plan to list in Hong Kong and raise up to US$1 billion (RM4.12 billion) has been delayed as the world’s largest rubber glove maker seeks to resolve a US import ban on its products, sources with direct knowledge of the matter said.