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Cosmosteel Holdings Limited ( (SG:B9S) ) just unveiled an announcement.
CosmoSteel Holdings Limited has announced a voluntary unconditional cash offer for all its issued and paid-up ordinary shares, initiated by Evolve Capital Advisory Private Limited on behalf of 3HA Capital Private Limited. This move is part of an application for delisting the company from the stock exchange, as per Rule 1308(1)(b) of the Listing Manual. The offer has been declared unconditional, and the closing date has been extended to 1 August 2025. This development could significantly impact the company’s market presence and shareholder value, as it transitions from a public to a private entity.
More about Cosmosteel Holdings Limited
CosmoSteel Holdings Limited, incorporated in Singapore, operates in the steel industry, focusing on the distribution of piping system components. The company serves various sectors, including energy, marine, and construction, providing essential steel products and solutions.
Average Trading Volume: 740,526
Technical Sentiment Signal: Buy
Current Market Cap: S$68.12M
For detailed information about B9S stock, go to TipRanks’ Stock Analysis page.