Top Glove says remains committed to Hong Kong IPO plan

KUALA LUMPUR: Top Glove Corp Bhd said the company remained committed to its plans to list new shares in Hong Kong after news reports suggested that the proposed initial public offer (IPO) has been delayed.

The world's largest glove maker, which is already listed on Bursa Malaysia and Singapore, flagged in late April it would sell 793.5 million shares in the listing, half what the company proposed in its application to the Hong Kong Stock Exchange in February.