Top Glove Corporation Bhd
(Company No. 199801018294 [474423-X])
Top Glove Media Contact:
Michelle Voon
[email protected]
+603-3362 3098 Ext 2228
+6016 668 8336
Investor Contact:
Qiuvy Chong
[email protected]
+603-3362 3098 Ext 2234
+6012 265 8973
PRESS RELEASE
For Immediate ReleaseTOP GLOVE PROPOSES 1-FOR-1 BONUS ISSUE
Shah Alam, Friday, 20 April 2018 – Top Glove Corporation Bhd (Top Glove) today proposed to
undertake a bonus issue on the basis of one bonus share for every one existing Top Glove share held, at
an entitlement date to be determined later.
The exercise will see up to 1.28 billion bonus shares issued to shareholders of the company, whose
names appear in the record of depositors of the Company on the entitlement date.
Tan Sri Dr Lim Wee Chai, Executive Chairman of Top Glove Corporation Bhd remarked, “We have
always been committed to adding and creating value for our shareholders, and the proposed one-for-one
bonus issue will enable us to reward our loyal shareholders.
“This will also enable us to increase the number of shares in issue, which is expected to create more
liquidity and marketability for Top Glove shares”, Tan Sri Dr Lim added.
The corporate exercise is subject to shareholder approval during an extraordinary general meeting to be
convened later.
The company last embarked on a one-for-one bonus issue exercise in early 2016, when its share price
had reached about RM14.
About Top Glove Corporation Bhd
Top Glove Corporation Bhd is listed on the Bursa Malaysia Stock Exchange Main Board and Singapore
Exchange Mainboard. It is also one of the component stocks of the FTSE Bursa Malaysia (“FBM”)
Mid 70 Index, FBM Top 100 Index, FBM Emas Index, FBM Emas Syariah Index, FTSE Bursa
Malaysia Hijrah Shariah Index and FTSE4Good Bursa Malaysia Index. Top Glove is currently the
world’s largest manufacturer of gloves with an established corporate culture and good business
direction of producing consistently high quality, cost efficient gloves. Top Glove has over 2,000
customers worldwide and exports to more than 195 countries.