tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Top Glove Expands Share Capital Through Warrant Conversion

Story Highlights
Top Glove Expands Share Capital Through Warrant Conversion

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1