PhillipCapital analyst Terence Chua has maintained his “buy” call with an unchanged target price of $1.79 on BRC Asia.

This comes after Hong Leong Asia, on Aug 28, announced that it plans to invest $68.1 million to increase its stake in BRC Asia to 20%.

See: Hong Leong Asia to pay $68.1 mil to bring stake in BRC Asia to 20%

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