SUBSCRIBERS

Sri Trang 'undervalued' after listing of glove subsidiary: UOB

Uma Devi

Uma Devi

Published Thu, Jul 23, 2020 · 09:50 PM

Singapore

STRONG interest in glove makers has boosted overall trading volumes on Bursa Malaysia to a new record, but investors looking for a glove play that still offers good value could consider Sri Trang Agro-Industry (STA).

The Thailand-based rubber producer is up 144 per cent this year, following the listing of its glove maker unit Sri Trang Gloves Thailand (STGT).

Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

Copyright SPH Media. All rights reserved.