Rowsley acquires stake in RSP Design Consultants for $20.6m

Rowsley, the property group, said it would buy 34.72 per cent stake in RSP Design Consultants (India), an architectural services company, for $20.6 million in cash.

The Singapore-listed property group’s wholly-owned subsidiary RSP Singapore had signed a sale and purchase agreement with the former vendors of RSP Singapore to acquire Venture India Pte Ltd. (Venture India), which owns the stake in RSP India, a limited liability company in India.

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