Hong Kong: Top Glove cuts Hong Kong share issuance plans in half

Malaysian disposable rubber glove manufacturer, Top Glove, has announced that it has cut in half the planned issuance of new shares on the Hong Kong stock exchange from 1.495m to 0.7935m (plus an overallotment option of 0.1035m). This brings expectations of the amount to be raised from the proposed new shares, representing just under 10%…

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