Rubber gloves

Enviro-Hub to invest in Pastel Glove for US$5 mil, to become 25% subsidiary after - THE EDGE SINGAPORE

M&A

Enviro-Hub to invest in Pastel Glove for US$5 mil, to become 25% subsidiary after

Enviro-Hub Holdings has, on Jan 12, entered into a conditional subscription and loan agreement with Pastel Glove Sdn.

'Strong showing' by rubber glove industry in 4Q2020: CGS-CIMB - THE EDGE SINGAPORE

Broker's Calls

'Strong showing' by rubber glove industry in 4Q2020: CGS-CIMB

CGS-CIMB Research’s Ong Kang Chuen has maintained his “neutral” call on the rubber glove sector, but highlighted “add” calls on Riverstone Holdings and UG Healthcare (UGHC) with target prices of  $

Aspen receives approval for manufacturing license for production of gloves - THE EDGE SINGAPORE

Company in the news

Aspen receives approval for manufacturing license for production of gloves

Aspen Group says it has received approval for the manufacturing licence from the Ministry of International Trade and Industry in Malaysia (MITI) on Oct 28 for the production of nitrile medical grad

Company in the news

Aspen Group to diversify business to include manufacturing and distribution of rubber gloves

Aspen Group, the Malaysian property developer, says it intends to include the manufacturing and distributing of rubber gloves under its scope of core business on September 2.

Results

Top Glove posts 2.9% lower 2Q earnings of $35.3 mil despite strong revenue growth

SINGAPORE (Mar 22): Top Glove has reported RM105.8 million ($35.16 million) in earnings for the 2Q ended Feb, representing a 2.9% y-o-y decline from its 2Q18 earnings of RM109 million due to higher

Results

Top Glove posts 31.2% rise in 2Q earnings to $37 mil on higher sales

SINGAPORE (Mar 15): Top Glove, the largest manufacturer of gloves globally, announced full-year earnings ended Jan rose 31.2% to RM109 million ($36.6 million) in 2Q18 from RM83.1 million in 2Q17.

Broker's Calls

Long-term outlook positive for Riverstone despite 3Q hiccups

SINGAPORE (Nov 9): Riverstone Holdings on Tuesday announced that its 3Q17 earnings were up 15.1% to RM34.3 million ($11.1 million) from RM29.8 million a year ago on higher revenue.

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