BRC Asia Limited

Equities

BEC

SG1BG3000008

Construction Supplies & Fixtures

Delayed Singapore S.E. Other stock markets 05:06:07 2024-05-08 am EDT			5-day change	1st Jan Change
1.97 ^SGD	-0.51%		-5.29%	+10.06%

Apr. 24	BRC Asia Enters Conditional Sale and Purchase Agreement with Daehan Steel	MT
Apr. 23	Daehan Steel Co., Ltd. and BRC Asia Limited entered into agreement to acquire 50% stake in Angkasa Daehan Steel Pte Ltd. from LTC Corporation Limited.	CI

Daehan Steel Co., Ltd. and BRC Asia Limited entered into agreement to acquire 50% stake in Angkasa Daehan Steel Pte Ltd. from LTC Corporation Limited.

April 22, 2024

Daehan Steel Co., Ltd. (KOSE:A084010) and BRC Asia Limited (SGX:BEC) entered into agreement to acquire 50% stake in Angkasa Daehan Steel Pte Ltd. from LTC Corporation Limited on April 23, 2024. Daehan Steel Co., Ltd. (KOSE:A084010) will acquire 6.9 million share and its stake in Angkasa Daehan Steel Pte Ltd. will increase from 50% to 80.1%. BRC Asia Limited (SGX:BEC) will acquire 4.5 million share representing 19.9% stake in Angkasa Daehan Steel Pte Ltd. for SGD 16.06 Million.

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	DAEHAN STEEL CO., LTD.	13,820 KRW	+0.14%	-1.29%	190M
	BRC ASIA LIMITED	1.97 SGD	-0.51%	-5.29%	402M

Latest news about BRC Asia Limited

BRC Asia Enters Conditional Sale and Purchase Agreement with Daehan Steel	Apr. 24	MT
Daehan Steel Co., Ltd. and BRC Asia Limited entered into agreement to acquire 50% stake in Angkasa Daehan Steel Pte Ltd. from LTC Corporation Limited.	Apr. 22	CI
UOB Kay Hian Adjusts BRC Asia’s Price Target to SG$2.42 From SG$2.07, Keeps at Buy	Apr. 16	MT
PhillipCapital Downgrades BRC Asia to Accumulate From Buy, Price Target is SG$1.99	Feb. 15	MT
BRC Asia Nearly Doubles Fiscal Q1 Income on Higher Revenue	Feb. 06	MT
BRC Asia Limited Approves the Final Tax- Exempt (One-Tier) Dividend for the Financial Year Ended 30 September 2023, Payable on 17 May 2024	Jan. 31	CI
BRC Asia Limited Approves the Special Tax- Exempt (One-Tier) Dividend for the Financial Year Ended 30 September 2023, Payable on 17 May 2024	Jan. 31	CI
BRC Asia Disposes of Shares in Maldives-Based Associate	Jan. 02	MT
E Street Capital Pte. Ltd. agreed to acquire 17% stake in Pristine Islands Investment Pte. Ltd. from BRC Asia Limited for $1.3 million.	Jan. 01	CI
DBS Group Research Adjusts BRC Asia’s Price Target to SG$2 From SG$1.89, Keeps at Buy	Dec. 06	MT
CGS CIMB Research Adjusts BRC Asia's Price Target to SG$2.30 From SG$2.20, Keeps at Add	Nov. 22	MT
BRC Asia Forms Special Committee for Sustainability Initiatives; Shares Jump 4%	Nov. 22	MT
BRC Asia Limited Reports Earnings Results for the Full Year Ended September 30, 2023	Nov. 21	CI
BRC Asia Limited Announces Establishment of Board Sustainability Committee	Nov. 21	CI
BRC Asia Limited Announces Interim Tax Exempt (One-Tier) Dividend, Payable November 17, 2023	23-06-22	CI
DBS Adjusts BRC Asia’s Price Target to SG$2.22 From SG$1.89, Keeps at Buy	23-05-22	MT
CGS CIMB Adjusts BRC Asia’s Price Target to SG$2.20 From SG$2.40, Keeps at Add	23-05-11	MT
BRC Asia Posts Lower Profit, Revenue in Fiscal H1	23-05-11	MT
Brc Asia Limited Announces Interim Dividend	23-05-10	CI
BRC Asia Limited Reports Earnings Results for the Half Year Ended March 31, 2023	23-05-10	CI
BRC Asia Completes Combining with Units	23-04-03	MT
UOB Kay Hian Downgrades BRC Asia to Hold From Buy, Adjusts Price Target to SG$1.66 From SG$2.42	23-03-13	MT
CGS-CIMB Adjusts BRC Asia’s Price Target to SG$2.40 From SG$2.50, Keeps at Add	23-02-16	MT
Singapore Shares Track US Losses to Close in Red; Manulife US REIT Slips 9% as H2 DPU Drops 18.6%	23-02-09	MT
BRC Asia Logs Nearly SG$12 Million in Profit After Tax in October-December 2022	23-02-09	MT

Chart BRC Asia Limited

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Company Profile

BRC Asia Limited is a Singapore-based company, which is engaged in the prefabrication of steel reinforcement for use in concrete, trading of steel reinforcing bars, and manufacturing and sale of wire mesh fences. The Company operates through three segments: Fabrication and manufacturing, Others, and Trading. The Fabrication and manufacturing segment is involved in the business of processing and prefabrication of steel reinforcement, including the sale of standard-length rebar, for use in concrete. Its Others segment relates to property development and interest in an associate who operates in the business of management of airport, hotel and resort, and property development. The Trading segment is involved in the trading of steel and steel-related products in both domestic and international markets. The Companyâs products include Rebar, BRC weld fences, cages, wires, and mesh. The Company offers two solutions, prefabrication services and cut and bend.

Sector

Construction Supplies & Fixtures

Calendar

2024-05-13 - Q2 2024 Earnings Release (Projected)

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Ratings for BRC Asia Limited

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.97 SGD

Average target price

2.303 SGD

Spread / Average Target

+16.92%

Consensus

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