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Evolve Capital Announces Cash Offer for Cosmosteel Holdings

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Evolve Capital Announces Cash Offer for Cosmosteel Holdings

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

Evolve Capital Advisory Private Limited, on behalf of 3HA Capital Private Limited, has announced a voluntary unconditional cash offer 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 offering stakeholders an opportunity to evaluate the benefits of the acquisition.

More about Cosmosteel Holdings Limited

Cosmosteel Holdings Limited is a company incorporated in Singapore, operating within the industrial sector. It is primarily involved in the supply of piping system components, including steel products, catering to various industries such as oil and gas, marine, and other sectors requiring such materials.

Average Trading Volume: 765,073

Technical Sentiment Signal: Buy

Current Market Cap: S$69.51M

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

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