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Top Glove proposes 1-for-1 bonus issue

Samantha Chiew Published on Fri, Apr 20, 2018 / 1:05 PM GMT+8

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SINGAPORE (Apr 20): Top Glove is proposing to undertake a one-for-one bonus issue at an entitlement date to be determined later.

This exercise will see about 1.28 billion bonus shares being issued to shareholders.

However, the exercise is still subject to shareholder approval during an extraordinary general meeting, which will be convened later.

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