gloveharicut
TAN SRI DR LIM WEE CHAI spend 23 million to buyback TOPGLOV share
gloveharicut
Publish date: Mon, 29 Jun 2020, 07:35 PM
TAN SRI DR LIM WEE CHAI (a company director) acquired 800,000 shares at 15.715 on 29-Jun-2020.
TAN SRI DR LIM WEE CHAI (a company director) acquired 200,000 shares on 29-Jun-2020.
TAN SRI DR LIM WEE CHAI (a company director) acquired 400,000 shares at 14.875 on 26-Jun-2020.
TAN SRI DR LIM WEE CHAI (a company director) acquired 100,000 shares on 26-Jun-2020.
1,500,000 shares x RM15.715 = RM23.5M
Action speak louder than word. Seeing is believing
https://klse.i3investor.com/entity/7113/9526/1977695723.jsp
Maybank: GLOVE is too cheap to ignore; top pick is Top Glove (RM21.90)
CIMB isn't concerned on China's GLOVE capacity. Buy TOPGLOV (RM25.00) & Supermax (RM9.80)
Tan Sri Lim's interview at Financial Times explained why TOPGLOV is a good buy
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Discussions
Be the first to like this. Showing 9 of 9 comments
Why? Both Kwan and Dr. Lim wants to make it into top 5 Malaysia Billionaire ranking. By spending this small fund they can entice other investors to prop up their net worth. Once a lifetime achievement for them.
2020-06-29 21:08
Dont see what's the big deal. EPF spent approx RM100mil to acquire Bursa last 2 weeks.
2020-06-30 11:36
My 2cents guess is Tan Sri need to buy so that he does not get diluted below 33.1% holding due to ESOS and share conversion.
2020-06-30 13:43
All directors bought in own glove company to prove the confident!!
Retailers do not believe but director 敢敢 买
2020-06-30 19:12
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He also bought TopGlove shares listed in Spore!!
https://www.google.com/search?q=top+glove+share+price&oq=topglove+share+&aqs=chrome.1.69i57j0l7.7989j1j7&sourceid=chrome&ie=UTF-8
2020-06-29 19:44