Riverstone Holdings

Insider moves

Medtecs independent director Lim raises stake; Riverstone co-founder Lee sells shares

Lim Tai Toon, lead independent director of Medtecs International Corporation, now holds a deemed stake of 20,000 shares in the company after his wife, Wong Lai Kwan, bought 10,000

Broker's Calls

Small, mid-cap stocks performed better than expected in 1H: UOBKH

Large blue-chip stocks tend to be the focus of investors because their long-established track records are expected to result in positive performances.

Broker's Calls

Riverstone Holdings fuelled for greater growth with strong demand and tight supply: DBS

SINGAPORE (Jul 15): Cleanroom product manufacturer Riverstone Holdings receives another clean bill of health with a rosy outlook ahead, owing to strong demand in the face of Covid-19.

Broker's Calls

Riverstone Holdings outperforms with gloves in high demand, say analysts

SINGAPORE (Jul 9): Against the backdrop of the Covid-19 pandemic, cleanroom product manufacturer Riverstone Holdings is seeing “outperformance” that is expected to continue into the next

Covid-19

Healthcare and glove stocks march on as Wuhan virus continues spread, claims higher deaths

SINGAPORE (Jan 28): Glove manufacturers and healthcare stocks listed on the Singapore Exchange continued their ascent today as the spread of the coronavirus originating from Wuhan included more cou

Covid-19

Singapore confirms first case of Wuhan virus. Here's what investors need to know

SINGAPORE (Jan 24): Singapore’s stock market is expected to be rattled on Friday, after the Asian financial hub on Thursday evening announced its first confirmed case of the deadly Wuhan virus that

Results

Riverstone reports 2.8% decline in 1Q earnings to $6.5 mil on lower margins

SINGAPORE (May 13): Riverstone Holdings, the manufacturer of specialised cleanroom and healthcare gloves, saw its earnings fall 2.8% to RM30.2 million for the 1Q19 ended March, from RM31.1 million

Results

Riverstone posts 1.2% rise in 4Q earnings to $10.9 mil

SINGAPORE (Feb 25): Malaysia-based glove manufacturer Riverstone Holdings has reported earnings of 32.9 million ringgit for the 4Q18 ended December, 1.2% higher than earnings of 32.5 million ringgi

Broker's Calls

Future growth intact for Riverstone despite poor 3Q results

SINGAPORE (Nov 5): Riverstone on Nov 1 announced a 6.5% drop in 3Q18 earnings to RM32.1 million ($10.6 million) from RM34.3 million in 3Q17, due to higher cost of sales.

US hygiene push could fuel a rubber glove boom half a world away

(Aug 30): More stringent hygiene in US hospitals and labs could boost sales for Malaysian rubber glovemakers who produce three out of every five pairs used in the world.

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