Soilbuild Construction Makes Additional SG$32.1 Million Investment in Subsidiary

MT Newswires

2024/07/05

Soilbuild Construction (SGX:S7P) increased its investment in Precast Concrete to SG$47.1 million from SG$15.0 million through a subscription of an additional 32.1 million shares for an aggregate consideration of SG$32.1 million, a filing with the Singapore Exchange said on Thursday.

The investment is not expected to impact the company's financials for the year ending Dec. 31.

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