On Monday, Top Glove announced it had listed the EBs with the principal amount being US$200mil on Bursa Securities (under the exempt regime) and Singapore Exchange Trading.
KUALA LUMPUR: Top Glove Corp Bhd
executive chairman Tan Sri Lim Wee Chai is bracing for higher latex prices this year.
“Last year, latex prices were low. So, I think it will go up this year. We hope that raw material prices will stay at manageable levels – not too high nor too low. (If it is) too low, it will not be sustainable. If it is too high, it will also not last. So, a medium price range would be good,” Lim said on the sidelines of the Invest Malaysia 2019 conference.
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