ISOTeam to buy construction firm for S$6.45m
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
ENGINEERING firm ISOTeam on Thursday said that it plans to acquire Rong Shun Engineering & Construction for S$6.45 million.
Rong Shun provides building construction as well as renovation related services and electrical works.
ISOTeam said that the proposed acquisition will expand the group's capability to offer a full suite of engineering services and solutions. The acquisition will be funded by proceeds from a share placement announced in May 2015, as well as internal resources.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
