Top Glove Corporation Bhd (TPGVF) has released an update.
Top Glove Corporation Bhd has announced a significant increase in the direct shareholding of its director, Tan Sri Dr Lim Wee Chai, following the acquisition of 3.5 million shares at prices just above RM0.82 per share. The transactions, which took place on April 9 and April 12, 2024, have raised Dr. Lim’s total direct interest in the company to 27.917%, with an additional indirect interest of 8.799%. These moves signal a strong vote of confidence from the director in the company’s prospects.
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