Top Glove Corporation has announced that shareholders have approved all resolutions pertaining to the company’s dual primary listing on the Stock Exchange of Hong Kong (HKEX) at an extraordinary general meeting (EGM) held on Dec 8.
The resolutions approved during the EGM include the proposed issuance of up to 793.5 million new Top Glova shares, which includes an additional 103.5 million new shares that may be issued under the over allotment option if exercised in full.
Shareholders also approved the proposed amendments to the company’s constitution to facilitate the dual primary listing.
For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)