Top Glove, whose shares are traded in Kuala Lumpur and Singapore, is working with advisers on the potential share sale in Hong Kong.
At US$1 billion, Top Glove’s listing would be the biggest ever by a Malaysian company in Hong Kong.
Deliberations are ongoing and details of the offering including size could increase depending on investor feedback, the people said.
The company confirmed that it is evaluating a dual primary listing in Hong Kong, according to an exchange statement Monday, without providing details of the offering.
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