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Top Glove Expands Share Capital Through Warrant Conversion

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Top Glove Expands Share Capital Through Warrant Conversion

Confident Investing Starts Here:

Top Glove Bhd ( (TPGVF) ) just unveiled an announcement.

Top Glove Corporation Bhd has announced the conversion of warrants into ordinary shares, resulting in the issuance of five new shares at a price of SGD 0.3800 each. This corporate action increases the company’s total issued share capital to 8,217,600,889 shares, valued at approximately MYR 1.86 billion, potentially impacting its market positioning and stakeholder interests.

More about Top Glove Bhd

Top Glove Corporation Bhd is a leading company in the rubber glove manufacturing industry, primarily producing and supplying a wide range of gloves for various market segments including healthcare and industrial sectors.

For an in-depth examination of TPGVF stock, go to TipRanks’ Stock Analysis page.

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