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the management always riase a lot of money in 2020 and then use the cash to delist and relist in hk
KUALA LUMPUR: Rubber glove manufacturer Top Glove Corp Bhd
plans to list on the Main Board of Singapore Exchange Securities Trading Ltd (SGX-ST) on June 28, 2016.
Chairman Tan Sri Lim Wee Chai (pic) said plans for the secondary listing were on track, after Top Glove recently put in its application to the relevant authorities.
&ldquo The secondary listing will improve our image and also the liquidity of our shares. It will open up to investors that prefer to deal in Singapore. Bottom line is that we will add and create value for our investors and shareholders, and as a result, they will have more confidence in us,&rdquo he said during the company&rsquo s corporate presentation at Invest Malaysia 2016 yesterday.
KUALA LUMPUR: Rubber glove manufacturer Top Glove Corp Bhd
plans to list on the Main Board of Singapore Exchange Securities Trading Ltd (SGX-ST) on June 28, 2016.Chairman Tan Sri Lim Wee Chai (pic) said plans for the secondary listing were on track, after Top Glove recently put in its application to the relevant authorities.
&ldquo The secondary listing will improve our image and also the liquidity of our shares. It will open up to investors that prefer to deal in Singapore. Bottom line is that we will add and create value for our investors and shareholders, and as a result, they will have more confidence in us,&rdquo he said during the company&rsquo s corporate presentation at Invest Malaysia 2016 yesterday.
after listed in sgx for 5 years, the management may go for sgx delisting route soon
TOP Glove, the world' s largest glove maker, opened at S$1.62 on the maiden day of its secondary listing on Singapore Exchange (SGX) on Tuesday.
The company that produces 45 billion gloves annually and has over 2,000 customers across 195 markets worldwide has a primary listing on Bursa Malaysia.
The listing of Top Glove, which has a market capitalisation of S$2 billion, brings the total number of SGX-listed healthcare companies to 33, with a combined market cap of about S$38 billion, SGX said in a statement.
As at 11.27am on Tuesday, the counter was trading at S$1.645 with 117,000 shares worth S$194,000 done.
Top Glove opens at S$1.62 on debut of secondary listing on SGX
Tue, Jun 28, 2016 - 11:30 AM
UPDATED Mon, Aug 27, 2018 - 1:59 PM
PHOTO: REUTERS
The company that produces 45 billion gloves annually and has over 2,000 customers across 195 markets worldwide has a primary listing on Bursa Malaysia.
The listing of Top Glove, which has a market capitalisation of S$2 billion, brings the total number of SGX-listed healthcare companies to 33, with a combined market cap of about S$38 billion, SGX said in a statement.
As at 11.27am on Tuesday, the counter was trading at S$1.645 with 117,000 shares worth S$194,000 done.