BBR unit takes 30% stake in Bangladesh associate SEC-SPSC

Reuters
Feb 27
BBR unit takes 30% stake in Bangladesh associate SEC-SPSC

BBR Holdings $(S)$ Ltd said its wholly owned unit Singapore Engineering & Construction Pte Ltd incorporated a 30%-owned associate in Bangladesh, Singapore Engineering & Construction-South Point Skills Centre Ltd, subscribing for 30,000 shares out of 100,000 issued shares at Tk100 per share. The associate will operate a Building and Construction Authority-approved overseas testing centre. The company said the transaction had no material impact on FY2025 earnings per share or net tangible assets.

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