Top Glove Bhd (TPGVF) has released an update.
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Top Glove Corporation Bhd has announced a new Islamic notes issuance program valued at RM3 billion, offering both senior and perpetual Sukuk Wakalah. These notes, with a stable outlook, are rated by MARC Ratings Berhad and will provide financial flexibility for the company. The proceeds from this program will be utilized to refinance existing debts.
For further insights into TPGVF stock, check out TipRanks’ Stock Analysis page.
