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Top Glove proposes 2-for-1 bonus issue

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Top Glove says its balance sheet remains "robust", with a net cash position of RM284 million (S$92.7 million) and shareholders' equity of RM4.7 billion as at May 31, 2020.

Singapore

THE world's largest glove manufacturer Top Glove Corp is looking to undertake a bonus issue on the basis of two bonus shares for every one existing share held.

The exercise will see up to 5.48 billion bonus shares issued to shareholders whose names appear in the company's...

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