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#ISOTeam -
RHB Invest 2017-01-11: Double Happiness – M&A + New Contracts.

ISOTeam is acquiring #RongShunEngineering for SGD6.45m. We deem this exercise positive, as it comes with a PBT guarantee of not
Complement the renewable energy business.

#AnalystReport #SGinvestors
ISOTeam - RHB Invest 2017-01-11: Double Happiness – M&A + New Contracts. ISOTeam is acquiring Rong Shun Engineering for SGD6.45m. We deem this exercise positive, as it comes with a PBT guarantee of not Complement the renewable energy business. ISOTeam said the proposed acquisition of Rong Shun Engineering & Construction Pte Ltd (Rong Shun Engineering) allows it to have tighter control over costs and work progress. This is given the latter’s in...
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