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An announcement from Cosmosteel Holdings Limited ( (SG:B9S) ) is now available.
Evolve Capital Advisory Private Limited, on behalf of 3HA Capital Private Limited, has made a voluntary unconditional cash offer to acquire all issued shares of Cosmosteel Holdings Limited at a revised price of S$0.25 per share. This acquisition could potentially impact the company’s market positioning and shareholder value, as the offer aims to consolidate ownership and may lead to a compulsory acquisition if certain conditions are met.
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.
Average Trading Volume: 754,430
Technical Sentiment Signal: Buy
Current Market Cap: S$69.51M
Find detailed analytics on B9S stock on TipRanks’ Stock Analysis page.