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Cosmosteel Holdings Announces Conditional Cash Offer and Share Purchase

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Cosmosteel Holdings Announces Conditional Cash Offer and Share Purchase

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An update from Cosmosteel Holdings Limited ( (SG:B9S) ) is now available.

Cosmosteel Holdings Limited has announced a voluntary conditional cash offer for all its issued and paid-up ordinary shares. The offer is made by Evolve Capital Advisory Private Limited on behalf of 3HA Capital Private Limited. This announcement follows a recent transaction where Mr. Ong Tong Hai, an associate of the company, purchased 71,100 shares, increasing his total interest to approximately 17.39% of the company’s total issued shares. This move could potentially impact the company’s ownership structure and influence future strategic decisions.

More about Cosmosteel Holdings Limited

Average Trading Volume: 716,271

Technical Sentiment Signal: Buy

Current Market Cap: S$61.17M

For an in-depth examination of B9S stock, go to TipRanks’ Stock Analysis page.

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