Shares & Derivatives
UG Healthcare Corporation Limited
By Mr. IPO  •  November 29, 2014


UG Healthcare Corporation Limited ("UG" or the "Company") is offering 28.8m shares comprising 1.8m shares for the public and the rest via placement at $0.215 each for a listing on Catalist. The IPO will end on 4 Dec 2014 at 12pm and starts trading on 8 Dec 2014.

Principal Business

The Company is an established glove manufacturer based in Malaysia for natural and nitrile examination gloves. UG has 2 manufacturing facilities in Seremban Malaysia and a capacity of up to 1.3 billion gloves annually. The Company has established a distribution platform in USA, UK China, Germany and Nigeria and its products are sold in more than 50 countries.


Products

UG has its own brand called "Unigloves" and also OEM for other labels. In additional to gloves, the Company distribute ancillary products like surgical, vinyl and cleanroom gloves.


Financial Highlights


The revenue and profit for the year ...
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By Mr. IPO
Mr. IPO graduated from NTU with a Bachelor in Accountancy (Honors) and started life as a lowly auditor. The audit experience not only polished up his accounting skills but also made him very skeptical about the financial records of companies. He always read the financial reports with a huge dose of salt ...
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