Rowsley to acquire 65% of engineering firm Squire Mech
Singapore
MAINBOARD-listed real estate company Rowsley will be acquiring mechanical and electrical engineering firm Squire Mech Private Limited for up to S$19.5 million.
In a filing to the Singapore Exchange (SGX) on Monday, Rowsley said that the group, through its wholly owned subsidiary RSP Architects Planners & Engineers (RSP Singapore), will be acquiring the 650,000 ordinary shares, representing 65 per cent of the issued and paid-up share capital of Squire Mech.
TRENDING NOW
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
As luxury retail goes big, can Singapore’s Orchard Road keep up?