BRC Asia (SGX:BEC) signed a non-binding term sheet to acquire a controlling stake in Southern Steel Mesh, a Malaysia-based manufacturer of steel wire mesh and related products, according to a Friday filing on the Singapore Exchange.
The Singapore-listed steel reinforcement firm is in talks with parent Southern Steel (KLSE:SSTEEL) for a share purchase and issuance that would see it hold more than 50% of the target's expanded equity.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。