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Betting on pandemic boom to propel listing
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.
Billionaire Lemann stepping down from Kraft Heinz’s board
CHICAGO: Jorge Paulo Lemann is leaving the board of Kraft Heinz Co, the giant consumer company he helped put together with Warren Buffett that’s since lost half its value.
Top Glove bets on pandemic boom to propel ambitious US$1.9bil HK listing
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.
ANALYSIS: Top Glove bets on pandemic boom to propel ambitious US$1.9bil HK listing
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.
The 5G single-entity conundrum
The government’s surprise decision to build, own and manage the 5G network for nationwide rollout is raising concerns for the industry.
Slick year for CPO
KUALA LUMPUR: Sime Darby Plantation Bhd (SDP), which returned to the black in financial year 2020 (FY20), will be appointing another international independent third-party to review and audit its operations in a bid to tackle mounting forced labour allegations.
TM ONE inks deal with FNSV
PETALING JAYA: TM ONE, the business and public sector solutions arm of Telekom Malaysia Bhd (TM) and its wholly-owned subsidiary company, PT VADS Indonesia, recently inked an agreement with Korean company FNS Value Co Ltd (FNSV).
All geared up to contribute to the nation
Iris in talks to raise funds for immigration project
Choosing a good executor for your will
DEATH is an issue nobody likes to talk about, but it is a certainty in this life.
