PERFORMANCE OF INITIAL PUBLIC OFFERINGS (IPOs)
Company Name
SRI TRANG GLOVES (THAILAND)PCL
Market
MAINBOARD
Date of Listing
May 10 2021
No. of shares Offered (mln)
Subscription Level
times
Par Value
SGD
Offer Price
SGD
Amount Raised (mln)
SGD
1st Day Closing Price
SGD
0.0000
1st Day Closing Price against Offer Price
Premium/Discount
SGD
%
Closing Price as at 2025-05-20
SGD0.370
Market Capital as at 2025-05-20
1060116567.00
Closing Price as at 2025-05-20 against Offer Price
Premium/Discount
%
Issue Manager/Sponsor
DBS Bank Ltd
COMPANY PROFILE
Date of Incorporation
04/01/2019
Place of Incorporation
Thailand
Type of business
Sri Trang Gloves (Thailand) Public Company Limited (SET: STGT, SGX: STG) is one of the world’s leading manufacturers of rubber gloves, being the largest manufacturer in Thailand with three production plants, a total of 147 production lines with an installed capacity of approximately 33 billion pieces per annum. Our main products comprise powdered natural rubber gloves, powder-free natural rubber gloves and nitrile gloves. Most of the rubber gloves that we manufacture and distribute are natural rubber gloves for medical use. As an established player for the past 32 years in the rubber glove industry, we employ strategies incorporating ESG considerations, distributing high-quality rubber gloves to more than 140 countries worldwide. We have doubled our capacity over the past 3 years with a product mix that allows us to penetrate both high-growth and developed markets.