REPL::Bonus Issue/ Capitalisation Issue::Mandatory

Issuer & Securities

Issuer/ Manager
TOP GLOVE CORPORATION BHD
Security
TOP GLOVE CORPORATION BHD - MYL7113OO003 - BVA

Announcement Details

Announcement Title
Bonus Issue/ Capitalisation Issue
Date &Time of Broadcast
13-Feb-2025 19:31:30
Status
Replacement
Corporate Action Reference
SG250116BONU59SH
Submitted By (Co./ Ind. Name)
Lim Cheong Guan
Designation
Managing Director
Financial Year End
31/08/2025
Foreign Shareholder Eligibility
Yes
Foreign Shareholder Applicability
All

Event Narrative

Narrative Type
Narrative Text
Additional TextSpecifically for the Warrants listed on the Singapore Exchange Securities Trading Limited ("SGX-ST"), the exercise price has been translated into Singapore Dollars ("SGD") 0.38 per Warrant based on SGD1.00: RM3.3230, being the middle rate quoted by Bank Negara Malaysia as at 5.00 p.m. on 3 December 2024.
Additional TextThis translated exercise price of SGD0.38 per Warrant is applicable to Warrants listed on the SGX-ST to be exercised during the period commencing from the date of issuance of the Warrants until 31 March 2025.
Additional TextEach 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 Malaysia Securities Berhad ("Bursa Securities").
Additional TextThe 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.
Additional TextThis 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.
Additional TextThe profile of the Warrants listed on SGX-ST is as follows:

Full Name: TOP GLOVE CORPORATION W300209
Counter Trading Name: Top GloveW300209
ISIN: MYL7113WA021
Stock code: ZVUW
Additional TextAny Warrants which have not been exercised at the close of business of the expiry date will thereafter lapse and cease to be valid.

If the expiry date of the Warrants falls on a non-market day, then it shall be the market day immediately preceding the said non-market day.

This announcement is dated 13 February 2025.

Event Dates

Record Date
04/02/2025
Ex Date
03/02/2025

Disbursement Details

New Security Details
New Security ISIN
MYL7113OO003
New Security Name
TOP GLOVE CORPORATION BHD
Security Not Found?
No
Fractional Disposition Method
Round down fraction to last full unit
Distribution Ratio (Additional: Old)
1:20

Attachments

Related Announcements