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BRC Asia Ltd (BRCA.SI)

BRCA.SI on Stock Exchange of Singapore

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Latest Key Developments (Source: Significant Developments)

BRC Asia updates on subscription of shares in and granting of a loan to Nuform System Asia
Friday, 24 Mar 2017 05:50am EDT 

Brc Asia Ltd : Deal in relation to proposed subscription by subscribers of a total of 5.7 million new ordinary shares in nuform at a subscription consideration of s$6 million . With Keong Hong Holdings, Ho Lee Group, Ng Teck Huat entered into share subscription agreement with Nuform System Asia Pte. Ltd . With KH and Ho Lee entered into a loan agreement to be made between lenders and nuform . Proposed transactions not expected to have any material impact on nta per share of group for financial year ending 30 september 2017 .Portion of proposed loan to be provided by company is s$1.5 million.  Full Article

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