US$16.07 million acquisition of interest in Angkasa Daehan Steel Pte. Ltd.

Rajah & Tann Singapore advised BBRC Asia Limited, which is listed on the Main Board of the Singapore Exchange Securities Trading Limited, in its US$16.07 million acquisition of interest in Angkasa Daehan Steel Pte. Ltd., which is principally engaged in the business of construction, trade, dealing and/or fabrication of steel reinforcement and/or related activities, whether on-site or off-site. BRC Asia group is the largest reinforcement steel solutions provider in Singapore, with manufacturing and storage facilities spanning over 150,000m2. Partners Danny Lim and Cynthia Wu led the transaction