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Riverstone

0.840

-0.015-1.75%

Volume:2.79M

Turnover:644.78K

Market Cap:1.24B

PE:17.64

High:0.855

Open:0.855

Low:0.835

Close:0.855

52wk High:1.043

52wk Low:0.623

Shares:1.48B

Float Shares:516.87M

Volume Ratio:1.51

T/O Rate:0.54%

Dividend:0.05

Dividend Rate:6.00%

EPS(TTM):0.048

EPS(LYR):0.061

ROE:14.36%

ROA:9.18%

PB:2.62

PE(LYR):13.77

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Overview Company News Filings

UOB Kay Hian Adjusts Riverstone Holdings' Price Target to SG$0.98 from SG$0.71

Singaporean Stocks Decrease 0.4% In Early Trading

Singapore Most Actives

Is There An Opportunity With Riverstone Holdings Limited's (SGX:AP4) 49% Undervaluation?

Simply Wall St.

Singaporean Stocks Rise 0.1%

Malaysia Rubber-Product Sector Faces Persistent Headwinds -- Market Talk

Why It Might Not Make Sense To Buy Riverstone Holdings Limited (SGX:AP4) For Its Upcoming Dividend

Simply Wall St.

SGX Weekly Review｜STI Tops 4,300 Points; UOB-Kay Hian Soars 12%; Yangzijiang Shipbuilding Jumps 7%; Genting Singapore Gains 6%

Riverstone Holdings Limited Cash Dividend/ Distribution

THOMSON REUTERS

Riverstone Holdings Limited Cash Dividend/ Distribution

THOMSON REUTERS

Nomura Adjusts Riverstone Holdings' Price Target to SG$0.93 From SG$1.10, Keeps at Buy

Riverstone Plummets 4.83% Despite Dividend Announcement as Q2 Results Disappoint

Riverstone Holdings Announces Interim Dividend Of 2.5 Sen Per Share For 2Q25

Riverstone - Qtrly Net Profit 45.4 Mln RGT

THOMSON REUTERS

Riverstone Holdings - Interim Dividend of 2.5 Sen per Share for 2Qfy25

THOMSON REUTERS

Riverstone Appears to Be Facing Mixed Prospects -- Market Talk

Maybank Names 18 Potential Beneficiaries of $5 Bil MAS EQDP(Equity Market Devleopment Programme)

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Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=2573918908","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2573918908?lang=en_us&edition=fundamental","pubTime":"2025-10-08 09:31","pubTimestamp":1759887060,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Stocks in Singapore slipped during early trading Wednesday, as the FTSE Straits Times Index dropped 0.4% to 4455.03.Among local companies with a market cap of at least 1 billion Singapore dollars , Thomson Medical Group is the biggest early laggard, falling 1.6%, followed by shares of China Aviation Oil, which fell 1.5%. Shares of OUE REIT declined 1.4%.Riverstone Holdings is the biggest leader this morning, jumping 7.3%, and Bumitama Agri surged 5.8%. Pacific Century Reg Devt rounds out the top three movers, as shares surged 5.6%.The U.S. dollar weakened 0.1% against the Singapore dollar to S$1.29.In the bond markets, the 10-year Singaporean government bond yield held steady at 1.910%.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["AP4.SI","BK6098","BK6512","BK6511","LJ3.SI","BK6103"],"gpt_icon":0},{"id":"2573675521","title":"Singapore Most Actives","url":"https://stock-news.laohu8.com/highlight/detail?id=2573675521","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2573675521?lang=en_us&edition=fundamental","pubTime":"2025-10-06 18:00","pubTimestamp":1759744800,"startTime":"0","endTime":"0","summary":"CapAllianz Holdings            94,341,800         0.00        +0.00       +50.00. Genting Singapore              63,704,300         0.73        -0.01        -0.68. Zixin Group Holdings           40,160,600         0.04        +0.00        +5.88. Oceanus Group                  30,891,700         0.01         unch         unch. Addvalue Technologies          28,847,500         0.04         0.00        -2.38. GKE Corp                       28,224,400         0.10         0.00        -0.98. Wilton Resources               28,220,500         0.02        +0.00       +11.76. CH Offshore                    25,696,000         0.02        +0.00        +6.67. AEM Holdings                   22,608,300         1.86        -0.18        -8.82. CNMC Goldmine Holdings         20,068,700         1.33        +0.16       +13.68. GRC                            20,007,800         0.09         0.00        -1.14. Marco Polo Marine              19,857,400         0.08         unch         unch. Golden Agri-Reso","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["42W.SI","SG9999002679.SGD","BK6520","LU1242518857.USD","SGXZ58947870.SGD","SGXZ27511609.SGD","SG9999004360.SGD","BK6114","LU0516423174.USD","BK6509","SG9999000343.SGD","AP4.SI","SG9999003826.SGD","BK6511","BK6519","BK6504","BK6512","LU0516423091.SGD","BK6063","BK6103","LU0979878070.USD","BK6515","BK6100","LU0082770016.SGD","SG9999000475.SGD","BK6047","LU0516422952.EUR","SG9999013460.SGD","SG9999016042.SGD","LU0164939612.USD","LU0516422440.USD","BK6045","LU1242518931.SGD","558.SI","LU0620787316.HKD","LU0516422366.SGD","SGXZ43160589.SGD","SG9999013486.USD","SG9999014492.USD","C06.SI","SG9999013478.USD","E28.SI","SGXZ24219693.SGD","SG9999014484.SGD","LJ3.SI","BK6098","BK6065","595.SI","PRH.SI"],"gpt_icon":1},{"id":"2570850110","title":"Is There An Opportunity With Riverstone Holdings Limited's (SGX:AP4) 49% Undervaluation?","url":"https://stock-news.laohu8.com/highlight/detail?id=2570850110","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2570850110?lang=en_us&edition=fundamental","pubTime":"2025-09-27 09:08","pubTimestamp":1758935293,"startTime":"0","endTime":"0","summary":"Key Insights The projected fair value for Riverstone Holdings is S$1.43 based on 2 Stage Free Cash Flow to Equity...","market":"nz","thumbnail":"https://images.simplywall.st/asset/industry/6022000-choice1-main-header/1585186795401","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/6022000-choice1-main-header/1585186795401"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/sg/healthcare/sgx-ap4/riverstone-holdings-shares/news/is-there-an-opportunity-with-riverstone-holdings-limiteds-sg","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/sg/healthcare/sgx-ap4/riverstone-holdings-shares/news/is-there-an-opportunity-with-riverstone-holdings-limiteds-sg","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["DCF","BK6511","BK6103","BK4100","AP4.SI","FCF","TV","BK4211"],"gpt_icon":0},{"id":"2569796497","title":"Singaporean Stocks Rise 0.1%","url":"https://stock-news.laohu8.com/highlight/detail?id=2569796497","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2569796497?lang=en_us&edition=fundamental","pubTime":"2025-09-23 17:46","pubTimestamp":1758620760,"startTime":"0","endTime":"0","summary":"This article was automatically generated by Dow Jones using technology from Automated Insights.Stocks in Singapore rose Tuesday, as the FTSE Straits Times Index rose 0.1% to 4302.67.Among local companies with a market cap of at least 1 billion Singapore dollars , Seatrium was the biggest leader during the session, increasing 3.8%, and Bumitama Agri added 2.7%. Frasers Property rounded out the top three movers, as shares rose 1.9%.Pacific Century Reg Devt was the biggest laggard, dropping 2.2%, followed by shares of PropNex, which dropped 2.1%. Shares of Riverstone Holdings fell 1.9%.On the currency front, the WSJ Dollar Index held steady at 94.76. The U.S. dollar weakened 0.1% against the Singapore dollar to S$1.28.In the bond markets, the 10-year Singaporean government bond yield increased 0.5 basis point to 1.815%.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["AP4.SI","BK6511","BK6103"],"gpt_icon":0},{"id":"2568344297","title":"Malaysia Rubber-Product Sector Faces Persistent Headwinds -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2568344297","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2568344297?lang=en_us&edition=fundamental","pubTime":"2025-09-18 10:38","pubTimestamp":1758163080,"startTime":"0","endTime":"0","summary":"0238 GMT - Malaysia's rubber-product sector may remain under pressure, with June production hit by a 10-day natural gas supply disruption and global shipping delays, RHB analyst Eddy Do and team say in a note. July exports rebounded 64% on month, but mostly to non-U.S. markets with lower prices, they note. Competition is set to intensify as new Chinese plants in Indonesia and Vietnam add expected annual capacity of 10 billion pieces, which poses a growing threat to domestic export share in the U.S. market, they add. Despite attractive valuation at 0.76X 12-month forward price-to-book value, the sector faces structural challenges, leading RHB to maintain an underweight sector rating. Riverstone Holdings remains RHB's sole top pick for the sector. ","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK6511","AP4.SI","TFmain","BK6103"],"gpt_icon":0},{"id":"2566947755","title":"Why It Might Not Make Sense To Buy Riverstone Holdings Limited (SGX:AP4) For Its Upcoming Dividend","url":"https://stock-news.laohu8.com/highlight/detail?id=2566947755","media":"Simply Wall St.","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2566947755?lang=en_us&edition=fundamental","pubTime":"2025-09-12 06:39","pubTimestamp":1757630372,"startTime":"0","endTime":"0","summary":"Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Riverstone...","market":"hk","thumbnail":"https://images.simplywall.st/asset/industry/6022000-choice1-main-header/1585186795401","type":0,"news_type":0,"thumbnails":["https://images.simplywall.st/asset/industry/6022000-choice1-main-header/1585186795401"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/sg/healthcare/sgx-ap4/riverstone-holdings-shares/news/why-it-might-not-make-sense-to-buy-riverstone-holdings-limit","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://simplywall.st/stocks/sg/healthcare/sgx-ap4/riverstone-holdings-shares/news/why-it-might-not-make-sense-to-buy-riverstone-holdings-limit","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"simplywall_highlight","symbols":["AP4.SI","BK6103","BK6511"],"gpt_icon":0},{"id":"1139980136","title":"SGX Weekly Review｜STI Tops 4,300 Points; UOB-Kay Hian Soars 12%; Yangzijiang Shipbuilding Jumps 7%; Genting Singapore Gains 6%","url":"https://stock-news.laohu8.com/highlight/detail?id=1139980136","media":"TigerNews SG","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1139980136?lang=en_us&edition=fundamental","pubTime":"2025-09-06 08:50","pubTimestamp":1757119800,"startTime":"0","endTime":"0","summary":"Singapore stocks rose 0.9% this week, hitting new highs multiple times, amid expectations that weak US job market data will cement a September interest rate cut by the Federal Reserve.In terms of...","market":"sg","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"a1eb3fd5a0f142f12130d70f3945dfb9","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["STI.SI","OYY.SI","BEC.SI","P7VU.SI","O39.SI","U10.SI","U11.SI","AP4.SI","P8Z.SI","D05.SI","BS6.SI","G13.SI","H22.SI","NIO.SI"],"gpt_icon":0},{"id":"2562775212","title":"Riverstone Holdings Limited Cash Dividend/ Distribution","url":"https://stock-news.laohu8.com/highlight/detail?id=2562775212","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2562775212?lang=en_us&edition=fundamental","pubTime":"2025-08-25 17:26","pubTimestamp":1756113993,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250825:nTUE7VJ3ST:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["AP4.SI","BK6511","BK6103"],"gpt_icon":0},{"id":"2561427154","title":"Riverstone Holdings Limited Cash Dividend/ Distribution","url":"https://stock-news.laohu8.com/highlight/detail?id=2561427154","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2561427154?lang=en_us&edition=fundamental","pubTime":"2025-08-22 17:22","pubTimestamp":1755854524,"startTime":"0","endTime":"0","summary":null,"market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250822:nTUE5QKLMC:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["AP4.SI","BK6103","BK6511"],"gpt_icon":0},{"id":"2558655310","title":"Nomura Adjusts Riverstone Holdings' Price Target to SG$0.93 From SG$1.10, Keeps at Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=2558655310","media":"MT Newswires","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2558655310?lang=en_us&edition=fundamental","pubTime":"2025-08-11 17:36","pubTimestamp":1754904967,"startTime":"0","endTime":"0","summary":"Nomura Adjusts Riverstone Holdings' Price Target to SG$0.93 From SG$1.10, Keeps at Buy","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate","earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":"Nomura Adjusts Riverstone Holdings' Price Target to SG$0.93 From SG$1.10, Keeps at Buy","news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["AP4.SI"],"gpt_icon":0},{"id":"1147207501","title":"Riverstone Plummets 4.83% Despite Dividend Announcement as Q2 Results Disappoint","url":"https://stock-news.laohu8.com/highlight/detail?id=1147207501","media":"Stock Track","labels":["movement","express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1147207501?lang=en_us&edition=fundamental","pubTime":"2025-08-08 09:00","pubTimestamp":1754614856,"startTime":"0","endTime":"0","summary":"Riverstone Holdings Ltd (AP4.SI) saw its stock price plummet by 4.83% in Friday's pre-market trading session, despite announcing an interim dividend. The significant drop suggests that investors were...","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":"f867d3273f7b1adb515d183c9ca6bdd9","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":"Riverstone Plummets 4.83% Despite Dividend Announcement as Q2 Results Disappoint","news_tag":"movement,express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["AP4.SI"],"gpt_icon":0},{"id":"2557562981","title":"Riverstone Holdings Announces Interim Dividend Of 2.5 Sen Per Share For 2Q25","url":"https://stock-news.laohu8.com/highlight/detail?id=2557562981","media":"Reuters","labels":["shareholding","movement"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2557562981?lang=en_us&edition=fundamental","pubTime":"2025-08-07 23:13","pubTimestamp":1754579630,"startTime":"0","endTime":"0","summary":"BRIEF-Riverstone Holdings Announces Interim Dividend Of 2.5 Sen Per Share For 2Q25Aug 7  - Riverstone Holdings Ltd RVHL.SI:INTERIM DIVIDEND OF 2.5 SEN PER SHARE FOR 2QFY25QTRLY REVENUE 244.8 MILLION RGTQTRLY NET PROFIT 45.4 MILLION RGTFurther company coverage: RVHL.SI ","market":"fut","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":"","theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250807:nFWN3TZ11J:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":"Riverstone Holdings Announces Interim Dividend Of 2.5 Sen Per Share For 2Q25","news_tag":"shareholding,movement","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK6511","BK6103","AP4.SI"],"gpt_icon":0},{"id":"2557524315","title":"Riverstone - Qtrly Net Profit 45.4 Mln RGT","url":"https://stock-news.laohu8.com/highlight/detail?id=2557524315","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2557524315?lang=en_us&edition=fundamental","pubTime":"2025-08-07 19:05","pubTimestamp":1754564723,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250807:nFWN3TZ11J:3","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK6511","BK6103","AP4.SI"],"gpt_icon":0},{"id":"2557458552","title":"Riverstone Holdings - Interim Dividend of 2.5 Sen per Share for 2Qfy25","url":"https://stock-news.laohu8.com/highlight/detail?id=2557458552","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2557458552?lang=en_us&edition=fundamental","pubTime":"2025-08-07 19:05","pubTimestamp":1754564723,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250807:nFWN3TZ11J:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK6511","BK6103","AP4.SI"],"gpt_icon":0},{"id":"2545106461","title":"Riverstone Appears to Be Facing Mixed Prospects -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2545106461","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2545106461?lang=en_us&edition=fundamental","pubTime":"2025-06-23 13:29","pubTimestamp":1750656540,"startTime":"0","endTime":"0","summary":"0529 GMT - Riverstone Holdings seems to be facing mixed prospects, based on its recent non-deal roadshow, UOB Kay Hian analysts say in a research report. It expects double-digit half-yearly improvement in its cleanroom glove segment's volumes in 2H as clients who cut orders in 1H owing to U.S. tariff uncertainties will probably resume buying as sentiment improves. However, the Singapore-listed cleanroom products maker's price competition in the healthcare glove segment remains intense, owing to abundant supply, the analysts add. The brokerage keeps the stock's hold rating, but lowers the target price to S$0.71 from S$0.82 to reflect its reduced price-to-earnings multiple peg. Shares are 0.8% lower at S$0.65. 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