Top Glove Bhd (TPGVF) has released an update.
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Top Glove Corporation Bhd has announced a new Islamic notes issuance program valued at RM3 billion, offering both senior and perpetual Sukuk Wakalah. These notes, with a stable outlook, are rated by MARC Ratings Berhad and will provide financial flexibility for the company. The proceeds from this program will be utilized to refinance existing debts.
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