Top Glove cuts targeted Hong Kong listing proceeds again, to US$473mil


KUALA LUMPUR (Reuters) - Malaysian glove maker Top Glove Corp has slashed the amount it aims to raise from its planned Hong Kong listing for a second time to HKD3.68 billion (US$473 million), less than a quarter of its initial target, it said in a resubmitted listing application.

A stock exchange filing showed on Thursday that China International Capital Corporation Hong Kong Securities Limited had resubmitted the application to HKEX on behalf of the world's largest glove producer.

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