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Hai Leck Holdings Acquisition Update: Extension Granted for Scheme Completion

Story Highlights
  • Hai Leck Holdings is involved in engineering and construction services in the oil and gas sector.
  • The acquisition scheme completion has been extended to October 2025 by the Securities Industry Council.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hai Leck Holdings Acquisition Update: Extension Granted for Scheme Completion

Confident Investing Starts Here:

Hai Leck Holdings Limited ( (SG:BLH) ) just unveiled an update.

Hai Leck Holdings Limited and Cheng Investment Management Pte. Ltd. have announced an update regarding the proposed acquisition of all issued ordinary shares of Hai Leck, excluding certain shares held by specific shareholders, through a scheme of arrangement. The Securities Industry Council of Singapore has granted an extension for the completion of this scheme, now set to be completed by October 2025, which could impact the company’s future operations and market positioning.

More about Hai Leck Holdings Limited

Hai Leck Holdings Limited is a company incorporated in Singapore, operating in the industrial sector. The company, along with its subsidiaries, is primarily involved in providing engineering, procurement, and construction services, focusing on the oil and gas, petrochemical, and pharmaceutical industries.

Average Trading Volume: 43,141

Technical Sentiment Signal: Buy

Current Market Cap: S$121M

For detailed information about BLH stock, go to TipRanks’ Stock Analysis page.

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