• About Us
  • Contact Us
  • Our Team
  • Disclaimer
  • Privacy Policy
  • Submit a Guest Posts
Saturday, July 2nd, 2022
Verna Magazine
  • Login
  • Home
  • Fashion
    • Beauty
    • Footwear
  • Life & Culture
    • Food
    • Health
  • Celebrity
    • music
  • News
    • World
    • Business
    • Technology
    • Sports
    • Science
No Result
View All Result
  • Home
  • Fashion
    • Beauty
    • Footwear
  • Life & Culture
    • Food
    • Health
  • Celebrity
    • music
  • News
    • World
    • Business
    • Technology
    • Sports
    • Science
No Result
View All Result
Verna Magazine
No Result
View All Result

Asian Fintech Ventures Assets (AFVA) Acquires A $25 Million Significant Minority Stake In Building Resources Group (BRG)

by Fritz Klausner
2 years ago
0
Asian Fintech Ventures Assets (AFVA) Acquires A  $25 Million Significant Minority Stake In Building Resources Group (BRG)
96
SHARES
737
VIEWS
Share on FacebookShare on Twitter

Leading global investment firm Asian Fintech Ventures Assets ( AFVA ) which focuses on investment opportunities in the Fin-tech sector across Asia, has invested $25 million to acquire a significant minority stake in lnsulation and Construction Materials Conglomerate Building Resources Group ( BRG ).

This growth equity investment enables Building Resources Group ( BRG ) to scale operations and pursue platform acquisitions as it addresses the expanding global market for its services. With the vision of becoming a specialized Insulation Materials Distributor, Stockist and Insulation Solution Provider in Asia, Building Resources Group was incorporated with a good range of quality products for Roofing, Partitions, HVAC, FACADE, Waterproofing, marine & Offshore, Industrial and plumbing sectors

The Deal Values BRG at more than $70 Million and is seen to be fundamental to the growth of BRG in Asia. Dr Nicholas Xie , Founder and Executive Director of BRG , said: “The combination of BRG’s distribution capabilities and Asian Fintech Venture’s strength in its business network and expertise in financial markets will enhance opportunities for both firms.”

Largely, they will be using the funds for fundamental expansion in terms of teams and infrastructure across the globe. They are expanding their services and now there is a clear large opportunity in front of them. With the help of AFVA, they will be able to expand their services all through Asia much faster. BRG Started as a 5 person team 12 years ago, and today is known as one of the largest insulation materials companies in South East Asia representing the most reputable brands.

Building Resources Group is a company registered in Singapore with Venture Capitalist being the largest shareholder. Most recently BRG Partnered with Soprema, a world leading manufacturer of waterproofing solutions as well as roofing materials , sound and thermal insulation. Building Resources Group ( BRG ) is a leading Thermal , Acoustic and Fire protection distributor Based in Singapore, with Subsidiaries and Affiliated Companies Across South East Asia. BRG has been providing unique solutions from world class manufacturers for the past decade, delivering Millions of square meters of insulation to construction, marine and offshore projects.

Building Resources Group’s products are tested and accredited by reputable testing bodies worldwide. They have rapidly gained reputation for being one of the largest insulation distributors in Singapore distributing quality insulation products to many prominent industrial, marine and construction projects. Recognizing the growing need of energy conservation and opportunities in Asia, BRG with the strong support of the Venture Capitalist has embarked on an expansion strategy and has acquired and established several offices and warehouses throughout the region to further emphasize its presence and brand value in the region. Together, the group now has an Annual Turnover Exceeding USD300 Million and Employs Close to 1500 Employees in 7 countries Worldwide.

For more information please visit https://buildingresourcesgroup.com/

Tags: Asian Fintech Ventures AssetsBuilding Resources Group
Previous Post

As per research Creatures most in danger for coronavirus incorporate reindeer and dolphins

Next Post

ΤΔZ tīˈko͞on’s new hit single “Brandy” prod. Venom Beatz now! available for Pre-order

Fritz Klausner

Fritz Klausner

Next Post
ΤΔZ tīˈko͞on’s new hit single “Brandy” prod. Venom Beatz now! available for Pre-order

ΤΔZ tīˈko͞on’s new hit single “Brandy” prod. Venom Beatz now! available for Pre-order

No Result
View All Result

Categories

  • Beauty (56)
  • Business (1,316)
  • Celebrity (475)
  • cryptocurrency (3)
  • Culture (9)
  • education (2)
  • Entertainment (284)
  • fashion (34)
  • Food (4)
  • Footwear (1)
  • Guest Post (20)
  • Health (26)
  • Healthcare (201)
  • Life & Culture (343)
  • Lifestyle (35)
  • music (184)
  • News (92)
  • Science (147)
  • Sports (232)
  • Technology (494)
  • Travel (14)
  • Uncategorized (49)
  • Video (7)
  • World (59)

Recent.

Flexion Mobile releases King of Avalon on elective application stores

Flexion Mobile releases King of Avalon on elective application stores

July 2, 2022
Which is the best app to invest in mutual funds in India? Let’s find out

Which is the best app to invest in mutual funds in India? Let’s find out

July 2, 2022
Matt cox is selfmade millionaire with no Godfather who has kept everything for him

Matt cox is selfmade millionaire with no Godfather who has kept everything for him

July 2, 2022
Facebook Twitter Youtube Instagram

About US

The Verna Magazine is a one-stop online destination for to the news coverage which caters to appetite of every online reader through content which we have is assimilated from various resources.

At VernaMagazine.com we know how much new discoveries and advances in each of the areas matters and understand the need for keeping pace with rapidly advanced world.

 

Flexion Mobile releases King of Avalon on elective application stores
Entertainment

Flexion Mobile releases King of Avalon on elective application stores

King of Avalon from FunPlus has been launched in the option application stores by Flexion Mobile. The top-grossing game is ...

July 2, 2022
Which is the best app to invest in mutual funds in India? Let’s find out
Technology

Which is the best app to invest in mutual funds in India? Let’s find out

With many mutual fund investment apps floating around, it is difficult to choose the most effective one. We simplify the ...

July 2, 2022
Matt cox is selfmade millionaire with no Godfather who has kept everything for him
Business

Matt cox is selfmade millionaire with no Godfather who has kept everything for him

Taking over the business world as a passionate entrepreneur is Matt Cox, founder of Cox Capital Ltd , Being an ...

July 2, 2022
New Emerging Supplement Brand is Providing High-Quality Herbal Supplements and Education on Healing and Restoration
Healthcare

New Emerging Supplement Brand is Providing High-Quality Herbal Supplements and Education on Healing and Restoration

Ancient Bliss, a US-based supplement company inspired by natural healers and indigenous wisdom, offers top-notch herbal supplements and articles to ...

July 2, 2022
Offering faith-driven and meaningful music, make way for Mychael Wright, aka WRYT
Entertainment

Offering faith-driven and meaningful music, make way for Mychael Wright, aka WRYT

The contemporary Christian artist who writes and creates songs now releases his socially conscious singles “Ivory Tower” and “Milk & ...

July 2, 2022

© 2021 All Rights Receive vernamagazine By Vehement Media

No Result
View All Result
  • Home
  • Fashion
    • Beauty
    • Footwear
  • Life & Culture
    • Food
    • Health
  • Celebrity
    • music
  • News
    • World
    • Business
    • Technology
    • Sports
    • Science

© 2021 All Rights Receive vernamagazine By Vehement Media

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
error: Content is protected !!