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Companies Markets
Brokers' ' take: RHB upgrades Riverstone to '' neutral ', calls existing evaluation reasonable
RHB on Thursday (Feb 24) updated Riverstone to “neutral” from “market” and also elevated its target rate to S$ 0.74 from S$ 0.65, while keeping in mind that the handwear cover manufacturer’s existing evaluation is reasonable. Riverstone is trading at 16 times the brokerage firm’s price quotes for FY2023 profits, according to its historic standard and also pre-pandemic 5-year mean,…
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Asean Business
Supermax spends US$ 350m to construct very first United States handwear cover production center
MALAYSIAN handwear cover manufacturer Supermax Company is spending US$ 350 million right into structure stage 1 of its very first handwear cover production center in the United States, with its US-based subsidiary Maxter Health care. Stage 1 of 4 of the center situated in Brazoria Region, Texas will certainly start building and construction in the very first quarter of 2022…
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