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.
