BRC Asia says certain shareholders received unsolicited offer for firm's shares
Add BT as a preferred sourceCERTAIN substantial shareholders of steel mesh manufacturer BRC Asia Limited have received unsolicited offers that might or might not lead to an acquisition of the company's shares.
In an exchange filing on Tuesday evening, the group said that these shareholders have notified the company.
"The discussions are preliminary in nature and there is no certainty that these discussions will result in any transaction," it said, adding that it will make appropriate announcements when there are material developments on the matter.
Share with us your feedback on BT's products and services
TRENDING NOW
ComfortDelGro’s Zig to buy S$10 million worth of BYD cars for private-hire fleet
Singapore telco price war squeezes earnings, strengthens case for StarHub-M1 deal, say analysts
Sats slides 13.6% as investors dump shares on profit-margin squeeze
When every phone becomes a satellite phone, what happens to Asia’s telcos?
