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Evolve Capital’s Unconditional Cash Offer for Cosmosteel Holdings

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Evolve Capital’s Unconditional Cash Offer for Cosmosteel Holdings

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Cosmosteel Holdings Limited ( (SG:B9S) ) just unveiled an announcement.

Evolve Capital Advisory Private Limited, on behalf of 3HA Capital Private Limited, has made a voluntary unconditional cash offer to acquire all issued and paid-up ordinary shares of Cosmosteel Holdings Limited. The offer’s closure and level of acceptances indicate a significant move towards compulsory acquisition, which could impact Cosmosteel’s market positioning and stakeholder interests.

More about Cosmosteel Holdings Limited

Cosmosteel Holdings Limited is a company incorporated in Singapore, operating in the industry of steel and related products. It focuses on providing steel solutions, which may include the distribution and processing of steel products.

Average Trading Volume: 740,078

Technical Sentiment Signal: Buy

Current Market Cap: S$69.51M

For an in-depth examination of B9S stock, go to TipRanks’ Overview page.

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