SINGAPORE (Jan 5): ISOTeam will be acquiring Rong Shun Engineering and Construction for $6.45 million.

Rong Shun is a mechanical and electrical specialist, providing electrical works like electrical installation, fire alarm systems and security systems provisioning, and other wiring works.

The company has a net tangible asset value of $3.03 million at end Sept 2016, and pretax earnings of $3.08 million.

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