Brief: BRC Asia Says Proposed Acquisition Of 19.9% Stake Of Angkasa Daehan Steel Pte
April 23 (Reuters) - BRC Asia Ltd BRCA.SI :
* PROPOSED ACQUISITION OF 19.9% OF ENTIRE ISSUED AND PAID-UP
SHARE
CAPITAL OF ANGKASA DAEHAN STEEL PTE
* PROPOSED ACQUISITION OF ORDINARY SHARES OF ANGKASA DAEHAN
STEEL
PTE. LTD
* ENTERED A CONDITIONAL SALE AND PURCHASE AGREEMENT WITH
DAEHAN
STEEL CO., LTD AND LTC CORPORATION PTE
* INITIAL CONSIDERATION FOR STAKE IN ANGKASA DAEHAN STEEL
S$16.1
MILLION
Further company coverage: BRCA.SI
((Reuters.Briefs@thomsonreuters.com;))
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