BRC Asia

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CGS-CIMB has reiterated its “buy” call on BRC Asia with a lowered target price of $1.35 from $1.55. The recommendation comes despite a core net loss of $6.4 million recorded for the 3QFY19/20 ended June.

“This will be the highest retrenchments in Singapore’s history since independence – far worse than during the global financial crisis or Asian financial crisis.”

Signs of a broader recovery in the global economy have led equity markets higher but yields and valuations of Singapore stocks continue to be attractive. Here's The Edge Singapore annual pick of 10 stocks to help you usher in a more prosperous Lunar N

SINGAPORE (Nov 21): CGS-CIMB Research is keeping its “add” call on BRC Asia with an unchanged target price of $1.90 after the steel reinforcement solutions provider ended FY2019 with a bang.

SINGAPORE (Oct 28): During the last construction downturn from 2016 to 2018, steel fabricators, piling service providers and construction companies had it tough. Margins were squeezed as competition for the few available jobs in the market intensified. As

(Nov 11): Lee Chun Fun was a pre-IPO substantial investor of Vividthree Holdings, a virtual reality (VR), visual effects and computer-generated imagery studio. The company went public on Sept 25 last year. Lee’s direct interest in the company stood at 3

SINGAPORE (Aug 1): BRC Asia, the provider of steel reinforcement solutions, says it expects to report higher profits for 3Q19 and 9M19 ended June.