Top Glove Announces Change in Shareholder Interest

TigerNews SG
01-14

Top Glove Corporation Bhd has announced a change in the holding interest of a substantial shareholder, Kumpulan Wang Persaraan (Diperbadankan), which has sold 1,309,900 ordinary shares on the open market. This transaction, carried out by KWAP's Fund Manager, signifies a slight modification in the shareholder's indirect holding, resulting in the total number of securities now held amounting to 630,418,950 shares. The repercussions on Top Glove's operations or market stance seem minimal, however, such shifts are of interest to stakeholders keeping tabs on shareholder activities.

Top Glove Corporation Bhd is a prominent player in the glove manufacturing industry, specializing in the production of a diverse range of gloves primarily intended for healthcare and industrial applications. As a leading company in the global market, it focuses on delivering high-quality products to cater to the needs of various sectors.

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