tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Evolve Capital Announces Cash Offer for Cosmosteel Holdings

Story Highlights
  • Cosmosteel Holdings operates in the steel industry, supplying piping components.
  • Evolve Capital offers to acquire all shares of Cosmosteel Holdings, impacting market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Evolve Capital Announces Cash Offer for Cosmosteel Holdings

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

Evolve Capital Advisory Private Limited has announced a voluntary unconditional cash offer on behalf of 3HA Capital Private Limited to acquire all issued and paid-up ordinary shares of Cosmosteel Holdings Limited. This move is part of a strategic acquisition under the Singapore Code on Take-overs and Mergers, potentially impacting Cosmosteel’s market positioning and shareholder value.

More about Cosmosteel Holdings Limited

Cosmosteel Holdings Limited is a company incorporated in Singapore, operating in the steel industry. It is primarily involved in the supply of piping system components, focusing on serving the energy, marine, and other industries requiring steel products.

Average Trading Volume: 783,112

Technical Sentiment Signal: Buy

Current Market Cap: S$69.51M

Learn more about B9S stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1