Top Glove *Official* (SGX: BVA)

[chiokcc]

Does this placement works like IPO? Anyone with DBS account can apply?

 

[lzydata]

Apparently yes, through DBS/POSB ATMs or Internet banking. A bit unfair to those without accounts with them - you're out of luck.

http://infopub.sgx.com/FileOpen/Top...Singapore.ashx?App=Announcement&FileID=458926

 

[chiokcc]

Apparently yes, through DBS/POSB ATMs or Internet banking:

http://infopub.sgx.com/FileOpen/Top...Singapore.ashx?App=Announcement&FileID=458926

Dun need to own some of their shares to apply? I asking as there is this "placement" term ...

 

[chowck]

It is called placement because the SH is selling some of his to increase the liquidity float of this counter.

It's not a right issue so anyone can partake.

But now already closed, in fact at 8 this morning.

 

[chowck]

Read somewhere TG will be making condoms too apart from their gloves.

This will take away some market share from Karex.

No wonder Karex price been dropping last 2 days.

 

[chiokcc]

GXGX to those who applied. Allocation is 100%!

Should have applied, hesitated and lost an opportunity to make some kopi $$

 

[chiokcc]

http://infopub.sgx.com/FileOpen/TopGlove_BallotingRatio.ashx?App=Announcement&FileID=459428

Range of Vendor
Shares applied for
Balloting
Ratio
Number of Vendor
Shares allocated
per successful
applicant
Percentage of total
number of Vendor
Shares available
under the
Placement
Number of
successful
applicants
1,000 to 1,900 1:1 1,000 1.8% 114
2,000 to 4,900 1:1 2,000 5.4% 175
5,000 to 9,900 1:1 5,000 11.5% 150
10,000 to 19,900 1:1 8,000 24.4% 198
20,000 to 49,900 1:1 16,000 20.4% 83
50,000 to 99,900 1:1 40,000 17.2% 28
100,000 to 499,900 1:1 72,000 15.5% 14
500,000 and above 1:1 123,000 3.8% 2

 

[chowck]

And also those who got will also be entitled to the 6 sen dividends ex on Mon.

 

[GrandJedi]

Should buy some off the market now... It is good price isnt it?

 

[chowck]

Yes, the boat sailing back to pick up those who missed applying.

And not forgetting today is cum CD, Monday ex CD.

M'sia trading at RM5.75 - S$1.84 (didn't drop) - don't know why S'pore dropped so much.

 

[endlssorrow]

Drop for u to buy mah

 

[Wood41]

Bought some for fun.

M'sia trading at RM5.75 - S$1.84 (didn't drop) - don't know why S'pore dropped so much.

 

[Wood41]

Nobody interested in this when it is discounted
here ?

Even IHH is worth slightly more in KLSE than
SGX .

 

[chiokcc]

Already closed at $1.775 last Friday! Sad that I didn't press at ATM

 

[Wood41]

Volume is pathetic.
But I feel happy with 6 Sen dividend & it is up still.

Already closed at $1.775 last Friday! Sad that I didn't press at ATM

 

[PCJunkie]

Hi. Newbie here wif a question..

After i got my share from the placement, how do i check the information about the transaction? Like the purchase date and the price all these?? (assuming if i forgot about it)

 

[Asphodeli]

Hi. Newbie here wif a question..

After i got my share from the placement, how do i check the information about the transaction? Like the purchase date and the price all these?? (assuming if i forgot about it)

Nope no info at all. There might be a letter from SGX about your shares deposited but I don't think the price is printed on it

Sent from Sony E6533 using GAGT

 

[coey]

Interesting , din know can do placement like to sell to retail investors

 

[Wood41]

$1.79

 

[Wood41]

MARKET BUZZ: Malaysia's Top Glove Corp At 20-Month High; RHB Upgrades To Buy

By Alexander Winifred
Nikkei Markets
KUALA LUMPUR (Oct 16) -- Top Glove Corporation gains as much as 5.5% to MYR6.34, highest since Jan. 22, 2016, after 4Q net profit jumps 51% on-year.

https://asia.nikkei.com/amp/Markets...ove-Corp-At-20-Month-High-RHB-Upgrades-To-Buy