This printed article is located at https://bbr.listedcompany.com/news.html

News

Increase Of Shareholding Interest In Fosta Pte. Ltd.

The Board of Directors of BBR Holdings (S) Ltd (the "Company") wishes to announce that a wholly owned subsidiary company, Singapore Piling and Civil Engineering Private Limited, has on 21 June 2010, further increased its shareholding interest in the capital of its associated company, FOSTA Pte. Ltd. ("FOSTA"), a company incorporated in the Republic of Singapore, from 23.24% to 25% by acquiring an additional 1.76% shareholding, comprising 8,367 ordinary shares for a total consideration of S$10,388.37 (the "Acquisition") from the other shareholders of FOSTA, namely Song Dong Qing and Yuan Xiao Qing.

FOSTA is in the business of Soil Investigation for land and marine works, Construction Instrumentation and Monitoring, Structural Strengthening as well as Structural Health Monitoring using Fibre Optic Sensors.

All the relative figures computed pursuant to Rule 1006 of the Mainboard Listing Rules of the Singapore Exchange Securities Trading Limited for the Acquisition amount to less than 5%.

The Acquisition is not expected to have any material impact on the net tangible asset value and earnings per share of the Group for the financial year ending 31 December 2010.

None of the Directors or the controlling shareholders of the Company has any interest, direct or indirect, in the Acquisition.