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Evolve Capital Extends Offer for Cosmosteel Holdings Shares

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Evolve Capital Extends Offer for Cosmosteel Holdings Shares

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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 an extension of the closing date for its voluntary unconditional cash offer to acquire all issued shares of Cosmosteel Holdings Limited. The offer price has been revised to S$0.25 per share, indicating a strategic move to consolidate control over Cosmosteel, potentially impacting its market positioning and stakeholder interests.

More about Cosmosteel Holdings Limited

Cosmosteel Holdings Limited operates in the steel industry, focusing on the supply of piping system components primarily for the energy, marine, and other industries. The company is based in Singapore and provides a range of steel products to its clients.

Average Trading Volume: 783,112

Technical Sentiment Signal: Buy

Current Market Cap: S$69.51M

See more insights into B9S stock on TipRanks’ Stock Analysis page.

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