Hong Leong Asia to raise stake in BRC Asia to 20% for $68.1 million

August 29, 2021 6:38 PM

SINGAPORE (THE BUSINESS TIMES) – Hong Leong Asia (HLA) – the trade and industry arm of the Hong Leong group – is forking out some $68.1 million to increase its stake in mainboard-listed steel-reinforcement solutions provider BRC Asia to 20 per cent through two transactions.

Source : http://www.straitstimes.com/business/companies-markets/hong-leong-asia-to-raise-stake-in-brc-asia-to-20-for-681-million