Homegrown lubricant manufacturer United Global to launch Catalist IPO
It has customers in over 30 countries.
United Global, a Singapore-based lubricant manufactuer and trader, has revealed its plans of selling shares on the SGX Catalist.
United GLobal has been in the market for 17 years and owns a lubricant blending facility with an annual production capacity of 44,000 metric tonnes, supported by an in-house laboratory for quality control.
It has a distribution network of over 30 countries, providing a wide range of lubricants and specialty fluids for automotive, industrial and marine applications as well as metal working fluids. In 2015, more than 88% of its total sales were derived from outside Singapore.