Sri Trang plans IPO for rubber glove subsidiary to expand capacity

Sri Trang is planning an initial public offering of its rubber glove subsidiary, Sri Trang Gloves Thailand, to fund an 18.5% increase in annual production capacity, driven by COVID-19 demand.

“The firm plans to spend the funds raised on adding 18.5% to its annual production capacity.”panjiva.com

• 1 source
• panjiva.comCOVID-19 demand leads Sri Trang to plan capacity-stretching rubber glove IPO — PanjivaChris RogersApr 28, 2020

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