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An update from Cosmosteel Holdings Limited ( (SG:B9S) ) is now available.
Cosmosteel Holdings Limited has announced the appointment of Asian Corporate Advisors Pte. Ltd. as the independent financial adviser to guide its independent directors regarding a voluntary conditional cash offer for all issued shares. This move is part of a strategic response to an offer made by 3HA Capital Private Limited, aiming to ensure that shareholders receive informed recommendations. The company advises shareholders to exercise caution and await the detailed Offeree Circular, which will include the independent financial adviser’s advice and directors’ recommendations, before making any decisions.
More about Cosmosteel Holdings Limited
Cosmosteel Holdings Limited, incorporated in Singapore, operates in the industrial sector, focusing on providing steel products and services. The company is known for its distribution of piping system components and related services, catering to various industries including oil and gas, engineering, and construction.
Average Trading Volume: 630,425
Technical Sentiment Signal: Buy
Current Market Cap: S$61.17M
See more data about B9S stock on TipRanks’ Stock Analysis page.