Company Milestone

About Sri Trang

 

April 1987

Commenced operations producing ribbed smoked sheets in Hat Yai, Thailand with an initial registered capital of Baht 31.0 million.

October 1987

Established Anvar Parawood for the production of rubber wood for the furniture industry and for being a base to carry rubber products of Sri Trang Group.

March 1988

Established Rubberland Products for the production of Concentrated Latex, our Group's first processing facility producing Concentrated Latex.

March 1990

Jointly established Thai Tech Rubber with Southland Rubber Co., Ltd and Itochu Corporation Limited to expand our product mix to cover TSR block rubber.

August 1991

Made an initial public offering (IPO) in Thailand and listed our shares on the Stock Exchange of Thailand (SET)

January 1994

Established Starlight Express Transport to provide logistical support to our Group's business.

March 1994

Established Premier System Engineering to support our Group's research and development and provide engineering services.

September 1995

Established Startex Rubber to invest in upstream business into the ownership of rubber plantations in the southern region of Thailand.

January 1996

Acquired Premier System Engineering to provide support for research and development and to provide engineering services to the Group.

March 1996

Jointly established Semperflex Asia with Semperit Technische Produkte to produce high pressure hydraulic hoses.

April 2002

Established Sri Trang International in Singapore, a purchasing hub for key users of natural rubber, for the distribution of the Natural Rubber Products to global market.

March 2004

Established Sri Trang USA to focus on the distribution of the Natural Rubber Products in the US market.

October 2004

Established PT Sri Trang Lingga, the Group’s first natural rubber procurement center and production facility outside of Thailand.

July 2004

Expanded substantially in the PRC by establishing our sales teams in Qingdao and Shanghai to conduct direct sales of the Natural Rubber Products to our customers in the PRC.

January 2005

Established PT Sri Trang Lingga, our first natural rubber procurement and processing facility outside of Thailand.

February 2007

Our subsidiary, Sri Trang International, was awarded the first prize in the top trading volume award by the Singapore Commodity Exchange Limited.

December 2007

Established Sri Trang Rubber & Plantation to invest in rubber plantations.

February 2008

Our subsidiary, Sri Trang International, was awarded the second prize in the top trading volume award by the Singapore Commodity Exchange Limited.

August 2009

Acquired PT Star Rubber as our second Indonesian TSR processing facility.

December 2009

STA received the Prime Minister's Export Award 2009 (Best Exporter) for being the top Thai exporter into the PRC market by export volume under the Natural Rubber category.

August 2010

Established our first PRC subsidiary, Shi Dong Shanghai in Shanghai, to expand our operation into the PRC.

January 2011

STA made an offering of its newly issued shares to the public (Public Offering) in Singapore, including institutional investors and listed its shares on the SGX-ST. STA is the first Thai listed company dually listing in Singapore.

December 2011

STA issued two tranches of debentures, the first debenture for rubber processor in Thailand, to the institutional and high net-worth investors totaling THB 2,150 million.

August 2012

STA won Prime Minister's Export Award 2012 for being a best exporter with the export value exceeding Baht 5,000 million.

January 2013

PT Sri Trang Lingga completed production capacity expansion for another 60,000 tons per annum and became the largest block rubber producer in Indonesia with a total production capacity of 166,000 tons per annum.

February 2013

STA issued two tranches of debentures to the institutional and high net-worth investors totaling Baht 900,000,000 for working capital and capacity expansion of our group.

May 2013

Increase registered capital of PT STAR RUBBER, the Indonesian subsidiary from USD 32 million to USD 62 million to support capacity expansion by investing through our subsidiary Sri Trang International.

July 2013

STA's new block rubber factory with a production capacity of 60,000 tons per annum in Ubon Ratchathani Province started production.

October 2013

Jointly established Sri Trang Ayeyar with Ayeyar Hinthar Holdings Company Limited to expand natural rubber processing base into Myanmar

December 2013

Established our first Vietnam subsidiary, Sri Trang Indochina in Ho Chi Minh, to trade and export Natural Rubber Products from Vietnam.

January 2014

STA’s new block rubber factory with production capacity of 60,000 tons per annum in Phitsanulok started production

Registered an THB 800 million increase in common equity for Sri Trang Rubber & Plantation to support the Company’s expansion in upstream business

October 2014

STA’s new Concentrated Latex factor in Ubon Ratchathani, our first Concentrated Latex factory in the Northeast, started its production line with production capacity of 10,000 tons per annum

April 2016

STA increased its investment in Thai Tech Rubber from 33.5% to 42.5% via share purchase from Itochu Corporation.

March 2017

Our examination gloves manufacturing company changed its name to “SRI TRANG GLOVES (THAILAND) CO., LTD.” which distinctly marks a new dawn of Sri Trang

March 2017

STA and the Austria-based company completed the demerger of the joint venture and associate companies*. The demerger resulted in STA increasing its shares in Siam Sempermed Corporation which was subsequently renamed Sri Trang Gloves (Thailand) Co., Ltd to 90.2% of the total shares.

March 2017

Startex Rubber established a subsidiary, Shi Dong Medical Equipment, in the PRC with USD 1,650,000 in registered capital to manage the sales and distribution of gloves in the PRC.

June 2017

Sri Trang USA increased its registered capital from USD 2,000,000 to USD 3,000,000 to expand the distribution of gloves and medical equipment in USA and Canada.

July 2017

STA jointly established Thai Rubber Joint Venture Limited with the Rubber Authority of Thailand (RAOT) and four other natural rubber producers and exporters following the government policy to engage in the domestic and international trade of rubber with Baht 1,200,000,000 in registered capital, with STA investing in the portion of 16.67%.

October 2017

STA offered the allotment of newly-issued ordinary shares to existing shareholders in proportion to their respective shareholding (Rights Offering), with the ratio of 5 existing ordinary shares for 1 newly-issued ordinary share at the offering price Baht 10 per share. As the result of this, the paid-up capital was increased from Baht 1,280,000,000 to Baht 1,535,999,998.

March 2018

Sri Trang Rubber & Plantation increased its registered capital from Baht 6,227,500,000 to Baht 6,555,000,000 to invest in its rubber plantation.

August 2018

Startex Rubber increased its registered capital from Baht 2,114,898,000 to Baht 2,635,000,000 for the purpose of increasing the registered share capital of Shi Dong Shanghai Medical Equipment to expand glove distribution business in China.

August 2018

STA’s Board of Directors Meeting resolved to approve the investment in Thaikong Public Company Limited ( “TK”) , which runs the rubber gloves manufacturing business in Thailand, by the amalgamation of TK and Sri Trang Gloves (Thailand) Co, Ltd.

December 2018

Sri Trang USA paid the remaining of increase in its registered capital from USD 3,000,000 to USD 5,000,000 for support the expansion of glove business in USA and other countries.

April 2019

STA’s subsidiary, Sri Trang Gloves (Thailand) Ltd., completed the amalgamation with Thaikong Public Company Limited (“TK”) which was a glove producer based in Trang and transformed to became Sri Trang Gloves (Thailand) Public Company Limited (“STGT”).

April 2019

Sri Trang Rubber & Plantation increased its registered capital from Baht 6,555,000,000 to Baht 6,755,000,000 to invest in its rubber plantation..

June 2019

Established Sri Trang IBC with Baht 10,000,000 in registered capital to operate in the provision of technical, innovation, information, and advisory services.

June and September 2019

The restructuring of Shi Dong Shanghai Medical Equipment and Sri Trang USA, located in in the PRC and the USA respectively, by selling all shares to Sri Trang Gloves (Thailand) PLC. to exclusively operate the glove business.

July 2019

STA group received Forest Management Certification and Chain-of-Custody Certification from the Forest Stewardship Council (FSC). We are the first fully integrated NR producer to be recognized by the FSC throughout the supply chain..

June 2020

The disposal of the investment in Pattana Agro Futures Co., Ltd. to a shareholder of that company with a gain from the sale amounting to Baht 0.2 million

July 2020

Sri Trang Gloves (Thailand) PLC filed for an initial public offering (IPO) of shares in Thailand and listed the shares on the Stock Exchange of Thailand (SET).

December 2020

The restructuring of Premier System Engineering and Sadao P.S. Rubber, by selling all shares owned by the Company to Sri Trang Gloves (Thailand) PLC. to support the expansion of glove business.

August 2021

Sri Trang Gloves (Thailand) PLC established a new subsidiary in Singapore, Sri Trang Gloves Global Pte. Ltd., to operate a financial asset management business and financial investment.

October 2021

Sri Trang Gloves (Thailand) PLC established a new subsidiary in Indonesia, PT Sri Trang Gloves Indo, to engage in the business of distributing rubber gloves.

October 2021

Sri Trang Rubber & Plantation, a subsidiary of the Company received a license to cultivate hemp from the Food and Drug Administration.

November 2021

Sri Trang Gloves (Thailand) PLC established a new subsidiary in Vietnam, Sri Trang Gloves Vietnam Pte. Ltd., to operate the business of distributing rubber gloves.

June 2022

Sri Trang Gloves (Thailand) PLC established a new subsidiary in the United States, Sri Trang Responsible Gloves Supply Inc., to operate the business of distributing rubber gloves with a registered capital of USD 1,000,000.

August 2022

Sri Trang Gloves (Thailand) PLC established a new subsidiary in the Philippines, Sri Trang Glove Phillippines Inc., to operate the business of distributing rubber gloves with a registered capital of PHP 104,662,400.

October 2022

STA established a new subsidiary in Cote d’Ivoire, Sri Trang Africa SA., to operate the business of natural rubber trading with a registered capital of Franc CFA 10,000,000.

June 2023

Sri Trang Africa SA. has established its first natural rubber procurement center in Côte d'Ivoire.

November and December 2023

Sri Trang Africa SA. has set up a rubber factory in Côte d'Ivoire to engage in the production of natural rubber and has opened its second natural rubber procurement center.

March 2024

Sri Trang Group announced its readiness to launch traceble natural rubber (GPS), a product with 100% traceable origins, fully compliant with the European Union Deforestation Regulation (EUDR) requirements.

April 2024

Sri Trang Africa SA. commenced operations at its block rubber production factory.

April 2024

STA began commercial sales and delivery of EUDR-compliant rubber to its customers.

July 2024

STA declared its commitment to achieving net-zero greenhouse gas emissions by 2050, with the interim goal of becoming a "Carbon Neutral Company" by 2030. The company aims to achieve this through the adoption of renewable energy sources such as solar power and biomass fuels, as well as exploring carbon sequestration initiatives in rubber plantations to mitigate environmental impacts.