For more than three decades, Thai Rubber Latex Corporation has stably become one of the most recognized concentrated latex producer in Thailand and gained numerous reputations within rubber industry worldwide. We have been continuously improving our manufacturing process, logistics network, and material supply management to ensure that we are fully capable of delivering the finest product to our customers when they want. Our devotions to quality are aimed at providing real customer benefits, the benefits that last resulting in maximum customer satisfaction.
Thai Rubber Latex Corporation is a leading manufacturer and exporter of latex concentrate, disposable rubber gloves, extruded rubber threads, and various rubber products. Our core competitiveness is derived from consistency of supply, high-quality products, spontaneous customer services. That is contributable to our success.
notification of capital increase of Thai rubber land and plantation co, ltd.
Resignation and appointment of new audit Directors
November 14th, 2018
: notification of capital increase of Thai rubber land and plantation co., ltd.
To : President of the Stock Exchange of Thailand
The Board of Directors' Meeting No. 5/2018 of Thai-Rubber Latex Corporation (Thailand) Public Company Limited ("TRUBB"), held on August 10,2018, approved an increase of registered capital of Thai rubber land and plantationco.,ltd. (a subsidiary held its shares by TRUBB at 100% undertaking a rubber plantation). A Subsidiary wikk increase additionally its registered capital of Baht 500 million by increasing from the existing registered capital of Baht 300 million to the new registered capital of Bath 800 million by issuing a new ordinary shares to TRUBB at 50,000,000 shares with a par value of Bath 10 which is equal to Bath 500 million. As a result, TRUBB wikk hold its shares at 79,999,994 shares which the shareholding proportion of TRUBB is still at 100% The objective of this increase of registeres capital of the subsidiary is for the utilization in its business and Group Company wikk have a rubber business integrated. The source is generated from the working capital of TRUBB. A subsidiary has completed a registration of capital increase with Ministry of Commerce on October 31,2018.
Although, the transaction as mentioned above does not required to disclose on a stock exchange of Thailand, TRUBB discloses this transaction for the benefits of investors.
Please be informed accordingly,
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