9 stories mentioning SGX:BVAUpdated 35d ago
Every FINWIRES story that references SGX:BVA, newest first.
Malaysian civil service pension fund, Kumpulan Wang Persaraan (KWAP), acquired 792,800 shares in Top Glove (SGX:BVA, KLSE:TOPGLOV), to take its overall stake to 6.68%, according to a Wednesday filing with the Singapore Exchange.Following the transaction, KWAP now holds around 5.52% direct stake in the glove maker, representing 442,703,250 shares.
Top Glove (SGX:BVA, KLSE:TOPGLOV) issued 138,600 new ordinary shares worth 0.6130 ringgit apiece, under its employee stock option scheme, according to a Tuesday filing on the Singapore Exchange.The issued shares will be listed on June 24, the filing said.
Top Glove (KLSE:TOPGLOV, SGX:BVA) has an average rating of hold and mean price target of 0.70 ringgit, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Malaysian shares extended Tuesday's gains to end in the green on Thursday, mirroring regional performance. Investor sentiment remained upbeat following a holiday, supported by optimism over a reported US-Iran peace deal brokered by Pakistan.The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, gained 1.40 points to end 0.1% higher at 1,711.39.BIMB Securities Research held its forecast of total industry volume (TIV) for the automotive industry in Malaysia at 740,000 units, The Star reported. TIV is expected to stabilize in the third quarter, followed by a stronger momentum in the fourth quarter, a BIMB Securities Research report showed.In corporate news, Malaysian shares of dual-listed Top Glove (KLSE:TOPGLOV, SGX:BVA) dropped over 3% on close today even after it recorded a rise in attributable profit in the third fiscal quarter ended May 31 to 81 million ringgit from 34.7 million ringgit a year prior.Digital transformation consultancy and artificial intelligence company SRKK AI (KLSE:SRKKAI) is seeking to raise 20.5 million ringgit via an IPO on the ACE Market of Bursa Malaysia. The IPO comprises a public issue of 64 million new shares at an issue price of 0.32 ringgit per share, as well as an offer for sale of 13 million existing shares by way of private placement to selected investors.
Top Glove (SGX:BVA, KLSE:TOPGLOV) recorded a rise in attributable profit in the third fiscal quarter ended May 31 to 81 million ringgit from 34.7 million ringgit a year prior, according to a Thursday Malaysia bourse filing.Earnings per share were 0.0101 ringgit in the three months, up from 0.0043 ringgit in the corresponding period of the previous fiscal year.Revenue climbed to 1.1 billion ringgit from 830.3 million ringgit in the year-ago period.For the nine months ended May 31, attributable profit jumped to 150.3 million ringgit, while revenue increased 15% to 2.98 billion ringgit.
Kumpulan Wang Persaraan (KWP), a Malaysian government pension fund, increased its stake in Top Glove (SGX:BVA, KLSE:TOPGLOV) to 6.535%, through the acquisition of around 1.6 million shares in the company.KWP has a 5.521% direct stake in the dual-listed company, according to a Thursday filing with the Singapore Exchange.
AEM Holdings (SGX:AWX), Top Glove (SGX:BVA), UI Boustead REIT (SGX:UIBU) and PC Partner Group (SGX:PCT) have been added to the iEdge Singapore Next 50 Liquidity Weighted Index following the latest review, with the changes to take effect on June 22.The index, which tracks the next 50 most liquid SGX-listed companies outside the Straits Times Index, delivered a 12.3% total return in the first five months of the year, outperforming the STI's 10.8%, according to a Monday filing with the Singapore Exchange.The technology sector's weighting in the index rose to 26.2% from 16.6%, the data showed.
Top Glove (SGX:BVA, KLSE:TOPGLOV) issued 500 new ordinary shares worth SG$0.40 apiece, arising from the exercise of warrants, according to a Tuesday Singapore Exchange filing.The issued shares will be listed on April 15, the filing said.
Top Glove (KLSE:TOPGLOV, SGX:BVA) has an average rating of hold and mean price target of 0.66 ringgit, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
