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Cosmosteel Holdings Limited ( (SG:B9S) ) has issued an update.
Evolve Capital Advisory Private Limited, on behalf of 3HA Capital Private Limited, has announced a voluntary conditional cash offer to acquire all issued shares of Cosmosteel Holdings Limited. The offer will be disseminated electronically, following the Singapore Securities Industry Council’s guidelines, and no printed copies will be sent to shareholders. This acquisition could potentially impact Cosmosteel’s market positioning and influence shareholder value, aligning with broader industry consolidation trends.
More about Cosmosteel Holdings Limited
Cosmosteel Holdings Limited is a company incorporated in Singapore, operating in the steel industry. The company is primarily involved in the distribution and supply of piping system components, such as steel pipes, fittings, and flanges, catering to various sectors including oil and gas, marine, and other industrial applications.
Average Trading Volume: 666,452
Technical Sentiment Signal: Buy
Current Market Cap: S$62.56M
See more insights into B9S stock on TipRanks’ Stock Analysis page.