Top Glove is talking to bankers on how best to list in Hong Kong and the process will take six to nine months, its executive chairman Tan Sri Lim Wee Chai told reporters in a briefing last month.
KUALA LUMPUR: Top Glove Corp., the world’s biggest rubber glove maker, is considering raising more than $1 billion from a listing in Hong Kong, according to people with knowledge of the matter.
Top Glove, whose shares are traded in Kuala Lumpur and Singapore, is working with advisers on the potential share sale in Hong Kong, said the people, who asked not to be named as the information is private. At $1 billion, Top Glove’s listing would be the biggest ever by a Malaysian company in Hong Kong, according to data compiled by Bloomberg.
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