Sri Trang Gloves Establishes New Unit in China
Sri Trang Gloves Establishes New Unit in China
"The establishment of a new subsidiary in the People's Republic of China is not classified as a connected transaction but it is classified as an asset acquisition," Sri Trang Gloves said. "However, this transaction is also classified as an acquisition of investment in other company which causes other company to become a subsidiary of the listed company."This will be for gloves packing and distribution.
這將用於手套的包裝和分發。
SGX-listed Sri Trang Gloves has announced the formation of Shidong Medical Equipment (Suzhou) Co., Ltd., its business in the People's Republic of China that will focus on gloves packing and distribution.
在新加坡證券交易所上市的Sri Trang Gloves宣佈成立世東醫療設備（蘇州）有限公司，該公司在中華人民共和國的業務將專注於手套包裝和分銷。
In a regulatory filing, Sri Trang said the business is under its wholly-owned subsidiary Shidong Shanghai Medical Equipment Co., Ltd. (SDME). It has a registered capital of $552,486 (RMB3m), whilst its source of funds is cash from operation of SDME.
Sri Trang在一份監管文件中表示，該業務屬於其全資子公司上海世東醫療設備有限公司（SDME）。它的註冊資本爲552,486美元（人民幣300萬元），而其資金來源是來自SDME運營的現金。
"The establishment of a new subsidiary in the People's Republic of China is not classified as a connected transaction but it is classified as an asset acquisition," Sri Trang Gloves said. "However, this transaction is also classified as an acquisition of investment in other company which causes other company to become a subsidiary of the listed company."
Sri Trang Gloves說：「在中華人民共和國設立新的子公司不被歸類爲關聯交易，但被歸類爲資產收購。」「但是，該交易也被歸類爲對其他公司的投資的收購，這導致其他公司成爲上市公司的子公司。」
S$1 = RMB5.43
S$1 = 人民幣 5.43
