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Hai Leck Holdings Limited ( (SG:BLH) ) has provided an announcement.
Hai Leck Holdings Limited has announced a proposed acquisition by Cheng Investment Management Pte. Ltd. of all its issued ordinary shares, excluding those held by certain shareholders, through a scheme of arrangement. The company has filed an application with the Singapore High Court to convene a Scheme Meeting for shareholder approval, with a court hearing scheduled for June 24, 2025. This acquisition could significantly impact the company’s operations and market positioning, potentially affecting its stakeholders.
More about Hai Leck Holdings Limited
Hai Leck Holdings Limited, incorporated in Singapore, operates in the engineering and construction industry. The company, along with its subsidiaries, provides integrated services in the areas of project and maintenance services, primarily focusing on the oil and gas, petrochemical, and pharmaceutical sectors.
Average Trading Volume: 51,360
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$122.2M
See more insights into BLH stock on TipRanks’ Stock Analysis page.