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Top Glove Issues RM800 Million Senior Sukuk Wakalah

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Top Glove Issues RM800 Million Senior Sukuk Wakalah

Confident Investing Starts Here:

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

Top Glove Corporation Bhd has announced the issuance of RM800 million worth of Senior Sukuk Wakalah under its RM3 billion Islamic notes issuance programme. The issuance, rated AA- by MARC Ratings, is set to mature in five years, reflecting the company’s strategic financial planning and potential to strengthen its market position.

More about Top Glove Bhd

Top Glove Corporation Bhd is a leading company in the manufacturing industry, primarily focused on producing gloves. The company serves a global market, providing essential products for healthcare and industrial use.

YTD Price Performance: -10.33%

Average Trading Volume: 2,420

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.8B

Learn more about TPGVF stock on TipRanks’ Stock Analysis page.

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