Thai Rubber Glove Maker to Raise as Much as $484 Million in IPO

  • Sri Trang Gloves sets IPO price range at 32 baht to 34 baht
  • Demand for gloves climbing due to coronavirus outbreak

Demand for gloves is continuing to rise.

Photographer: Samsul Said/Bloomberg
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Sri Trang Gloves (Thailand) Pcl plans to raise as much as 15 billion baht ($484 million) in the country’s first initial public offering since the novel coronavirus outbreak.