BRC Asia Limited’s US$14 million disposal of interest in Pristine Islands Investment

Rajah & Tann Singapore is advising BRC Asia Limited, which is listed on the Main Board of the Singapore Exchange Securities Trading Limited, in its US$14 million disposal of interest in Pristine Islands Investment Pte. Ltd., which holds a subsidiary undertaking hotel and resort operations and airport management in Maldives. 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 are leading the transaction.

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