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Top Glove Announces Changes in Director’s Warrant Holdings

Story Highlights
  • Top Glove’s director, Tan Sri Dr Lim Wee Chai, has changed his warrant holdings.
  • The changes result from a bonus issue of warrants, impacting direct and indirect interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Top Glove Announces Changes in Director’s Warrant Holdings

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Top Glove Bhd ( (TPGVF) ) has provided an announcement.

Top Glove Corporation Bhd announced changes in the direct and indirect interest holdings of its director, Tan Sri Dr Lim Wee Chai, following a bonus issue of warrants. This change is due to the issuance of bonus warrants on the basis of one warrant for every 20 existing ordinary shares held, impacting both direct and indirect securities accounts. Tan Sri Dr Lim’s direct interest now stands at 111,909,212 warrants, while his indirect interest is 35,355,411 warrants, affecting his overall stake in the company.

More about Top Glove Bhd

YTD Price Performance: -10.33%

Average Trading Volume: 2,420

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.8B

Find detailed analytics on TPGVF stock on TipRanks’ Stock Analysis page.

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