27 June 2021 / 12:06

KUALA LUMPUR: Top Glove Corp Bhd shareholders have approved the company's listing on the Singapore Exchange Securities Trading Ltd (SGX-ST) on June 28.

In a statement, it said the secondary listing on the SGX-ST would begin on the mentioned date after shareholders at the EGM adopted the proposed amendments to its Articles of Association.

Executive chairman Tan Sri Dr Lim Wee Chai said the SGX listing would add and create value for the company's shareholders and stakeholders.

"We believe our shareholders also see the value in this exercise which has resulted in the swift approval of the proposed amendments to our Articles of Association," he said.

Top Glove said the proposed secondary listing on the Main Board of the SGX-ST was expected to enhance the company's investor reach and diversify its investor base, enabling it to tap a new platform for potential future fund-raising. “The listing will also serve to enhance the visibility of the company profile among international investors, analysts and media," it said. -Bernama

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