Top Glove shares, warrant actively trading on two-for-one bonus share exercise | Malay Mail

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Top Glove shares, warrant actively trading on two-for-one bonus share exercise | Malay Mail
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KUALA LUMPUR, Sept 3 — Top Glove Corporation Bhd’s shares and warrants were actively traded today following the bonus share exercise of up to 5.48 billion new shares, on the basis of two bonus shares for one existing share (two for one), that took effect today. At 3pm, the rubber glove...

Thursday, 03 Sep 2020 05:07 PM MYT

At 3pm, the rubber glove maker’s shares were quoted at RM8.47, down 22 sen, with 77.16 million shares transacted. He said this is the seventh time the company has proposed the bonus share and on a normal basis, Top Glove announced the share bonus when the share price hit RM10.Meanwhile, an analyst said Top Glove’s share price could rise beyond RM8 due to buying interest.The company issued bonus shares on financial year 2002 , FY2003: 2 for 5, FY2007: 2 for 5, FY2010: 1 for 1, FY2016: 1 for 1, FY2019: 1 for 1, and FY2020: 2 for 1.

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