Riverstone Holdings Limited

SGX:AP4 Stock Report

Market Cap: S$1.2b

Riverstone Holdings Management

Management criteria checks 4/4

Riverstone Holdings' CEO is Teek Son Wong, appointed in Aug 2005, has a tenure of 20.25 years. total yearly compensation is MYR2.70M, comprised of 21.7% salary and 78.3% bonuses, including company stock and options. directly owns 51.44% of the company’s shares, worth SGD625.25M. The average tenure of the management team and the board of directors is 9.3 years and 4.6 years respectively.

Key information

Teek Son Wong

Chief executive officer

RM 2.7m

Total compensation

CEO salary percentage21.71%
CEO tenure20.3yrs
CEO ownership51.4%
Management average tenure9.3yrs
Board average tenure4.6yrs

Recent management updates

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Riverstone Holdings Limited's (SGX:AP4) CEO For Now

Apr 14
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Riverstone Holdings Limited's (SGX:AP4) CEO For Now

Recent updates

Subdued Growth No Barrier To Riverstone Holdings Limited's (SGX:AP4) Price

Nov 12
Subdued Growth No Barrier To Riverstone Holdings Limited's (SGX:AP4) Price

Returns On Capital At Riverstone Holdings (SGX:AP4) Paint A Concerning Picture

Oct 12
Returns On Capital At Riverstone Holdings (SGX:AP4) Paint A Concerning Picture

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

Sep 27
Is There An Opportunity With Riverstone Holdings Limited's (SGX:AP4) 49% Undervaluation?

We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Riverstone Holdings Limited's (SGX:AP4) CEO For Now

Apr 14
We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Riverstone Holdings Limited's (SGX:AP4) CEO For Now

Riverstone Holdings Limited Recorded A 6.3% Miss On Revenue: Analysts Are Revisiting Their Models

Feb 25
Riverstone Holdings Limited Recorded A 6.3% Miss On Revenue: Analysts Are Revisiting Their Models

Riverstone Holdings Limited's (SGX:AP4) Price In Tune With Earnings

Jan 14
Riverstone Holdings Limited's (SGX:AP4) Price In Tune With Earnings

Are Investors Undervaluing Riverstone Holdings Limited (SGX:AP4) By 47%?

Dec 23
Are Investors Undervaluing Riverstone Holdings Limited (SGX:AP4) By 47%?

Riverstone Holdings' (SGX:AP4) Returns On Capital Not Reflecting Well On The Business

Aug 02
Riverstone Holdings' (SGX:AP4) Returns On Capital Not Reflecting Well On The Business

Investors Appear Satisfied With Riverstone Holdings Limited's (SGX:AP4) Prospects As Shares Rocket 26%

Mar 31
Investors Appear Satisfied With Riverstone Holdings Limited's (SGX:AP4) Prospects As Shares Rocket 26%

Are Investors Undervaluing Riverstone Holdings Limited (SGX:AP4) By 23%?

Mar 01
Are Investors Undervaluing Riverstone Holdings Limited (SGX:AP4) By 23%?

Riverstone Holdings (SGX:AP4) Is Reinvesting To Multiply In Value

Jan 27
Riverstone Holdings (SGX:AP4) Is Reinvesting To Multiply In Value

An Intrinsic Calculation For Riverstone Holdings Limited (SGX:AP4) Suggests It's 38% Undervalued

Oct 26
An Intrinsic Calculation For Riverstone Holdings Limited (SGX:AP4) Suggests It's 38% Undervalued

Some Analysts Just Cut Their Riverstone Holdings Limited (SGX:AP4) Estimates

Aug 23
Some Analysts Just Cut Their Riverstone Holdings Limited (SGX:AP4) Estimates

We Like Riverstone Holdings' (SGX:AP4) Returns And Here's How They're Trending

Aug 16
We Like Riverstone Holdings' (SGX:AP4) Returns And Here's How They're Trending

A Look At The Intrinsic Value Of Riverstone Holdings Limited (SGX:AP4)

Apr 29
A Look At The Intrinsic Value Of Riverstone Holdings Limited (SGX:AP4)

CEO Compensation Analysis

How has Teek Son Wong's remuneration changed compared to Riverstone Holdings's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

RM 224m

Jun 30 2025n/an/a

RM 244m

Mar 31 2025n/an/a

RM 271m

Dec 31 2024RM 3mRM 586k

RM 287m

Sep 30 2024n/an/a

RM 284m

Jun 30 2024n/an/a

RM 271m

Mar 31 2024n/an/a

RM 246m

Dec 31 2023RM 2mRM 627k

RM 220m

Sep 30 2023n/an/a

RM 195m

Jun 30 2023n/an/a

RM 199m

Mar 31 2023n/an/a

RM 252m

Dec 31 2022RM 3mRM 449k

RM 314m

Compensation vs Market: Teek Son's total compensation ($USD653.19K) is below average for companies of similar size in the SG market ($USD1.15M).

Compensation vs Earnings: Teek Son's compensation has been consistent with company performance over the past year.


CEO

Teek Son Wong (63 yo)

20.3yrs
Tenure
RM 2,701,006
Compensation

Mr. Teek Son Wong is a Co-Founder of Riverstone Holdings Limited and has been its Chief Executive Officer since August 3, 2005. He has been Executive Chairman of Riverstone Holdings Limited since August 3,...


Leadership Team

NamePositionTenureCompensationOwnership
Teek Son Wong
Co-Founder20.3yrsRM 2.70m51.44%
SGD 625.3m
Wai Keong Lee
Co-Founder2.5yrsRM 1.39m8.82%
SGD 107.2m
Sabariah Binti Salleh
Senior Quality Assurance Manager & Alternate Directorno dataRM 450.88kno data
Chu Mee Chong
Senior Manager & Alternate Directorno dataRM 480.02k0.018%
SGD 213.2k
Wang Thing Tan
Chief Financial Officer9.3yrsno datano data
Keat Leong Lee
Business Development Manager & Co-Chief Operating Officer2.5yrsno datano data
Ah Mooi Gan
Sales and Customer Service Manager29.8yrsno datano data
Francisco Salas
Managing Director2.8yrsno datano data
Lai Yin Chan
Company Secretaryno datano datano data
Sing Poew Lim
Group General Manager8.8yrsno datano data
Khor Kuan Ching
General Manager of Eco Medi Glove Sdn Bhd17.8yrsno datano data
Kelly Ge
Acting General Manager of China Operations9.7yrsno datano data
9.3yrs
Average Tenure
58yo
Average Age

Experienced Management: AP4's management team is seasoned and experienced (9.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Teek Son Wong
Co-Founder20.3yrsRM 2.70m51.44%
SGD 625.3m
Wai Keong Lee
Co-Founder20.3yrsRM 1.39m8.82%
SGD 107.2m
Sabariah Binti Salleh
Senior Quality Assurance Manager & Alternate Director2.5yrsRM 450.88kno data
Chu Mee Chong
Senior Manager & Alternate Director2.5yrsRM 480.02k0.018%
SGD 213.2k
Chye Soon Fam
Independent Non-Executive Director5.4yrsRM 261.93kno data
Kah Yin Yoong
Independent Non-Executive Director4.6yrsRM 261.93kno data
Jun Xiong Lim
Lead Independent Non-Executive Director4.6yrsRM 314.32kno data
Ying Min Chee
Independent Non-Executive Directorless than a yearRM 21.83k0.081%
SGD 988.1k
4.6yrs
Average Tenure
63yo
Average Age

Experienced Board: AP4's board of directors are considered experienced (4.6 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/27 18:05
End of Day Share Price 2025/11/27 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Riverstone Holdings Limited is covered by 13 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mat CollingsCGS International
Thomas MurphyCGS International
Boon Chong TngCGS International