Metro Holdings raises Metro Soilbuild stake to 50%

Reuters03-03 18:09

Metro Holdings raises Metro Soilbuild stake to 50%

Metro Holdings Limited said its wholly owned unit Metrobilt Construction subscribed for two additional shares in Metro Soilbuild Development Pte. Ltd., increasing Metro’s stake in the Singapore real estate development joint venture to 50% from 40%. The company said the move is not expected to have a significant impact on its net tangible assets per share or earnings per share for the financial year ending March 31, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Metro Holdings Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 4WG0H9Y3XQBZ61VT) on March 03, 2026, and is solely responsible for the information contained therein.

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