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Cosmosteel Holdings Faces Voluntary Cash Offer Amid Shareholder Dealings

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Cosmosteel Holdings Faces Voluntary Cash Offer Amid Shareholder Dealings

Elevate Your Investing Strategy:

Cosmosteel Holdings Limited ( (SG:B9S) ) just unveiled 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. The announcement also disclosed a significant share dealing by Mr. Ong Tong Hai, a director and substantial shareholder of the company, who purchased 500,000 shares, increasing his total interest to approximately 16.81% of the company’s shares.

More about Cosmosteel Holdings Limited

Average Trading Volume: 554,480

Technical Sentiment Signal: Buy

Current Market Cap: S$62.56M

Find detailed analytics on B9S stock on TipRanks’ Stock Analysis page.

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