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HONG KONG: Top Glove Corp Bhd is betting that pandemic-induced sales can provide enough fuel for its US$1.9bil Hong Kong listing to break through the headwind of US sanctions and the prospect of slower growth as vaccinations become widespread.
HONG KONG/SINGAPORE/KUALA LUMPUR: Malaysia's Top Glove Corp Bhd is betting that pandemic-induced sales can provide enough fuel for its $1.9 billion Hong Kong listing to break through the headwind of U.S. sanctions and the prospect of slower growth as vaccinations become widespread.
Kuala Lumpur: Analysts said the unknown pace of vaccination programmes mean the world's largest medical gloves maker could command a higher price for its stock by listing sooner rather than later, while the firm when announcing its plan on Friday talked up post-pandemic sales likely exceeding pre-pandemic levels.
BANGKOK: Thai Life Insurance Pcl has requested pitches from banks for an initial public offering (IPO) that could raise as much as US$700mil on the stock exchange of South-East Asia’s second-biggest economy, according to people with knowledge of the matter.
WASHINGTON: Honda Motor Co said on Monday it had confirmed an 11th U.S. death involving one of its vehicles tied to a faulty Takata Corp <7312.T> air bag inflator.
CARACAS: Venezuelan President Nicolas Maduro suspended on Saturday the elimination of the country's largest denomination bill, which had sparked cash shortages and nationwide unrest, saying the measure would be postponed until early January.
PRIORITISING one#039;s insurance needs to match one#039;s financial budget is a vital consideration before buying an insurance plan or related schemes, according to an expert in the area of tax and insurance, Ernst amp; Young executive director Bhupinder Singh.