Riverstone Holdings has, through its wholly-owned subsidiary Riverstone Resources, acquired a piece of industrial land at No. 17, Jalan Jasmine 3, Kawasan Perindustrian Bukit Beruntung, Selangor, Malaysia for a consideration of RM5 million ($1.6 million)

The land measures about 6,740.76 sqm (or 72,557 sqft) and was purchased to support the expansion of the group’s operations, as well as the expansion of of production capacity for cleanroom gloves.

SEE: DBS upgrades Riverstone Holdings to 'buy' after share price correction

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