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Top Glove Issues Nearly 149,000 Shares Under Employee Stock Option Scheme
Top Glove subsidiary issued 0.8 billion ringgit in bonds.
(Kuala Lumpur, 21st) Top Glove (TOPGLOV, 7113, Main Board healthcare stock) announced on Thursday that its wholly owned subsidiary TG Treasury Bhd successfully issued a five-year senior Islamic bond (Sukuk Wakalah) totaling 0.8 billion ringgit. According to the statement, this issuance is part of the group's funding preparation to redeem its 1.18 billion ringgit perpetual bond, which has its first redemption date on February 27. The group plans to use the 0.8 billion ringgit from the senior Islamic bond financing, along with 0.38 billion ringgit of internal funds, to jointly redeem the perpetual bonds.
TOP GLOVE UNIT ISSUES RM800 MIL SUKUK FOR PERPETUAL BOND REDEMPTION
Top Glove Unit Issues RM800 Mil Sukuk for Perpetual Bond Redemption
Top Glove Issues RM800 Million 5-year Senior Sukuk
Malaysia Closing Bell on Feb 20 | MRDIY Was the Top Gainer of FBM KLCI
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