SHARES of Thailand-based rubber producer Sri Trang Agro-Industry (STA) climbed on Thursday after the company announced a solid set of financial results for its fourth fiscal quarter ended December 2020, and a sizeable dividend. It intends to pay 1.75 baht per share, or the equivalent of S$0....

SHARES of Thailand-based rubber producer Sri Trang Agro-Industry (STA) climbed on Thursday after the company announced a solid set of financial results for its fourth fiscal quarter ended December 2020, and a sizeable dividend. It intends to pay 1.75 baht per share, or the equivalent of S$0....

Top Glove, the world’s largest manufacturer of gloves, was able to break records in more ways than one this past year despite markets and economies being disrupted by the Covid-19 pandemic. That is because heightened health and public safety have led to a spike in demand for medical products, espe...

The strong global demand for gloves has pushed Maybank IB Research to maintain its “buy” call and target price on Top Glove.  At RM9.53 ($3.14), its call price gives the Malaysia-headquartered company a 24% upside from its RM7.76 price on September 14, analyst Lee Yen Ling observes. She add...

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 following companies saw new developments that may affect trading of their securities on Wednesday:

SINGAPORE (June 25): As the novel coronavirus (Covid-19) pandemic continues to infect and claim lives, there is no danger of an oversupply of gloves just yet. According to Maybank Investment Bank Research, global demand for gloves is expected to grow 20% in 2020-2021. This would be supply-led as the...

SINGAPORE (June 23): CGS-CIMB Research is rating the medical equipment and services industry “overweight” amid the Covid-19 pandemic. In a Monday report, lead analyst Ong Khang Chuen says, “As the world grapples with Covid-19, it faces a new normal until an effective and widely-available vacci...

SINGAPORE (Mar 25): To vote is to exist — reads a banner at Chulalongkorn University in Bangkok, as Thais head for the polls on March 24. The general election in Thailand is the country’s first since a 2014 military coup that ousted former prime minister Yingluck Shinawatra. Almost 90% of those...