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Cosmosteel Holdings Receives Revised Acquisition Offer

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Cosmosteel Holdings Receives Revised Acquisition Offer

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Cosmosteel Holdings Limited ( (SG:B9S) ) has shared an announcement.

Evolve Capital Advisory Private Limited, on behalf of 3HA Capital Private Limited, has announced a revision of the offer price for the acquisition of all issued and paid-up ordinary shares of Cosmosteel Holdings Limited. The final offer price is set at S$0.25 per share, with no further price increases planned, and the closing date for the offer has been extended. This move is part of a voluntary conditional cash offer under Singapore’s Securities and Futures Act and the Singapore Code on Take-overs and Mergers.

More about Cosmosteel Holdings Limited

Cosmosteel Holdings Limited is a company incorporated in Singapore, operating in the steel industry. It focuses on the acquisition and management of steel-related assets and services.

Average Trading Volume: 804,514

Technical Sentiment Signal: Buy

Current Market Cap: S$61.17M

For a thorough assessment of B9S stock, go to TipRanks’ Stock Analysis page.

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