SG Digest: BRC Asia placement; CDW Holdings deal; ST Aerospace capital infusion

Photographer: Nicky Loh/Bloomberg

BRC Asia has raised funds in a placement issue while CDW Holdings has acquired a stake in GSP Enterprise and ST Aerospace has infused capital into a subsidiary.

BRC Asia placement issue

BRC Asia, the steel reinforcement solutions provider, says that it has entered into a placement agreement with 15 investors to subscribe to 37 million new ordinary shares at a price of S$1.27 each, amounting to about S$46.9 million.

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