General Announcement::EXERCISE PRICE OF SGD0.38 PER WARRANT FOR WARRANTS LISTED ON SGX-ST FROM 01/04/2025 UNTIL 30/06/2025

Issuer & Securities

Issuer/ Manager
TOP GLOVE CORPORATION BHD
Securities
TOP GLOVE CORPORATION W300209 - MYL7113WA021 - ZVUW
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
28-Mar-2025 18:11:23
Status
New
Announcement Sub Title
EXERCISE PRICE OF SGD0.38 PER WARRANT FOR WARRANTS LISTED ON SGX-ST FROM 01/04/2025 UNTIL 30/06/2025
Announcement Reference
SG250328OTHRTUPS
Submitted By (Co./ Ind. Name)
Lim Cheong Guan
Designation
Managing Director
Description (Please provide a detailed description of the event in the box below)
The Company wishes to announce that commencing from 1 April 2025 until 30 June 2025 ("Period"), the Exercise Price specifically for the Warrants listed on the Singapore Exchange Securities Trading Limited ("SGX-ST"), has been translated into Singapore Dollars ("SGD") 0.38 per Warrant based on SGD1.00: RM3.3103, being the middle rate quoted by Bank Negara Malaysia as at 5.00 p.m. on 27 March 2025, which is the last trading day (in Malaysia) immediately preceding this announcement. This translated Exercise Price of SGD0.38 per Warrant is applicable to Warrants listed on the SGX-ST to be exercised during the Period.

Note : Each translated Exercise Price in SGD shall be determined based on the middle rate quoted by Bank Negara Malaysia at 5.00 p.m. on the last trading day (in Malaysia) preceding the date of announcement of the translated Exercise Price in SGD on Bursa Securities. The aforementioned announcement shall be made after 5.00 p.m. on Bursa Securities on the last trading day (in Malaysia) of each calendar quarter during the tenure of the Warrants. A corresponding announcement shall also be made on SGX-ST on the same day or, if not a trading day (in Singapore), the next trading day. This translated Exercise Price shall apply to the Warrants to be exercised during the calendar quarter immediately following the date of the announcement on Bursa Securities.

This announcement is dated 28 March 2025.

(The attached announcement was broadcasted to Bursa Malaysia Securities Berhad on 28 March 2025.)

Attachments

TopGlove_Announcement_Exercise_Price_of_Warrants_Listed_on_SGX-ST_28.03.2025.pdf
Total size =59K