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Cosmosteel Holdings Limited ( (SG:B9S) ) has provided an announcement.
Cosmosteel Holdings Limited has announced a voluntary conditional 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 a strategic effort to consolidate ownership and potentially reposition the company within its industry. Additionally, Mr. Ong Tong Hai, an associate of the company, has increased his shareholding to approximately 16.98% following a recent purchase of 446,200 shares. This development could influence the company’s future direction and impact shareholder dynamics.
More about Cosmosteel Holdings Limited
Average Trading Volume: 630,425
Technical Sentiment Signal: Buy
Current Market Cap: S$61.17M
For an in-depth examination of B9S stock, go to TipRanks’ Stock Analysis page.