Thai medical glove maker raises $482m in IPO to boost production

Thai medical glove maker raises $482m in IPO to boost production

Photo by Clay Banks on Unsplash

Thailand’s first major IPO amid the pandemic brought in 14.9 billion baht ($482 million) for the kingdom’s largest maker of medical gloves, Sri Trang Gloves Thailand. The timing helped, with personal protective equipment in high demand due to the ongoing pandemic.