BRC Asia

SINGAPORE (May 20): Tensions between Washington and Beijing continue to rise as US President Donald Trump shows no inclination to de-escalate the country’s trade war with China. Trump believes his clash with Chinese President Xi Jinping is boosting his

SINGAPORE (May 14): BRC Asia, the provider of steel reinforcement solutions, reported 2Q19 earnings surged eightfold to $5.4 million from $0.66 million in 2Q18.

SINGAPORE (Feb 21): BRC Asia is making a voluntary conditional cash offer of 42 cents a share for all the issued shares in Lee Metal Group.

SINGAPORE (Feb 8): BRC Asia, the provider of steel reinforcement solutions in Singapore, reported a 36% rise in 1Q earnings to $2.6 million from $1.9 million a year ago on higher sales.

SINGAPORE (Nov 30): BRC Asia, the steel prefabrication firm, will resume trading of its shares with effect from 9am on Dec 1.

SINGAPORE (Nov 29): Prefabricated steel reinforcement specialist BRC Asia saw its earnings tumble 75% to $2.1 million for the full year ended September, down from $8.3 million a year ago.

SINGAPORE (Sept 25): HG Metal is proposing a capital reduction exercise to write off accumulated losses as well as a cash distribution to return to shareholders surplus capital from the sale of its BRC Asia stake.

SINGAPORE (June 2): Steel manufacturer HG Metal Manufacturing confirmed it has received a letter from Switzerland-based activist fund manager Quarz Capital Management.

SINGAPORE (Nov 24): Prefabricated steel reinforcement specialist, BRC Asia, has reported earnings of $8.3 million for FY16, a 46% decrease from the $15.4 million earnings seen in FY15.