2 stories mentioning SGX:BECUpdated 12d ago
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BRC Asia (SGX:BEC) is actively exploring potential opportunities and diversification in the AI value chain, according to a Tuesday filing with the Singapore Exchange.The steel reinforcement fabricator is assessing opportunities across data centers, advanced semiconductors, cloud and processing capabilities. It enlisted Deloitte Singapore and law firms to support its strategic review.
Singapore shares started the week positively despite a backdrop of diplomatic friction, as U.S. President Donald Trump dismissed recent Iranian remarks regarding regional stability as "totally unacceptable."The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,908.76 and 4,956.77 throughout the day. It ended the session at 4,942.77, up 20.87 points or 0.42% compared to Friday's close.On the corporate front, shares of Geo Energy Resources (SGX:RE4) closed over 3% higher as it signed a term sheet with Swiss private commodities investment company, Resource Invest under which the latter will invest directly or indirectly around $1.5 billion in the company's Indonesian subsidiary, Marga Bara Jaya.BRC Asia's (SGX:BEC) shares closed nearly 3% lower as its attributable profit to owners rose 24% in the fiscal first half ended March 31, to SG$52.0 million from SG$42.1 million a year earlier.Meanwhile, shares of Autago (SGX:WNH) surged over 33% at the close as it completed its share consolidation exercise on May 8.
