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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 provided 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 stakeholder interests.

More about Cosmosteel Holdings Limited

Cosmosteel Holdings Limited is a company incorporated in Singapore, operating within the industrial sector. It focuses on providing steel products and services, catering primarily to the energy, marine, and other related industries.

Average Trading Volume: 754,430

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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