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.