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Evolve Capital Initiates Cash Offer for Cosmosteel Holdings

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Evolve Capital Initiates Cash Offer for Cosmosteel Holdings

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

Cosmosteel Holdings Limited is the subject of a voluntary unconditional cash offer by Evolve Capital Advisory Private Limited, acting on behalf of 3HA Capital Private Limited, to acquire all issued and paid-up ordinary shares. The offer, revised to S$0.25 per share, is part of a compulsory acquisition process, indicating a significant shift in ownership that could impact the company’s future operations and market positioning.

More about Cosmosteel Holdings Limited

Average Trading Volume: 740,526

Technical Sentiment Signal: Buy

Current Market Cap: S$68.12M

Find detailed analytics on B9S stock on TipRanks’ Stock Analysis page.

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