SINGAPORE-listed Riverstone Holdings Ltd may not be a popular stock among local investors here, but the Malaysia-based nitrile cleanroom glove maker is actually one of the world’s largest listed glove companies in terms of revenue after the Big Four.
Headquartered in Bukit Beruntung, Selangor, Riverstone also operates manufacturing facilities in Taiping, Perak, which is its main and largest plant, as well as in Thailand and China.
At a time when most glove makers and new entrants are ramping up production capacity aggressively, Riverstone executive chairman and CEO Wong Teek Son says the group has decided to expand conservatively and responsibly.