Sri Trang Gloves Thailand Forms New Subsidiary in China

MT Newswires08-15

Sri Trang Gloves Thailand (SGX:STG) has set up a new unit in China, Shidong Medical Equipment Suzhou, to develop its gloves packing and distribution operations, according to a Wednesday filing on the Singapore Exchange.

Shidong Medical Equipment Suzhou, wholly owned by Shidong Shanghai Medical Equipment, will begin operations by December with a registered capital of 3 million yuan.

The new unit will be directed by six individuals, including Chaiyos Sincharoenkul as chairman and Wang Huihao as general manager.

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