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Hai Leck Holdings Announces Proposed Acquisition by Cheng Investment

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Hai Leck Holdings Announces Proposed Acquisition by Cheng Investment

Elevate Your Investing Strategy:

Hai Leck Holdings Limited ( (SG:BLH) ) has issued an announcement.

Hai Leck Holdings Limited has announced the proposed acquisition of all its issued ordinary shares, excluding certain shares held by key stakeholders, by Cheng Investment Management Pte. Ltd. through a scheme of arrangement. This acquisition, which has received necessary legal and regulatory approvals, is a significant move for the company, potentially impacting its operational structure and market positioning, and is being communicated to eligible shareholders electronically.

More about Hai Leck Holdings Limited

Hai Leck Holdings Limited is a company incorporated in the Republic of Singapore, operating in an industry that involves the management and maintenance of industrial facilities. The company focuses on providing engineering, procurement, and construction services, particularly within the oil and gas sector.

Average Trading Volume: 73,634

Technical Sentiment Signal: Strong Buy

Current Market Cap: S$122.2M

For a thorough assessment of BLH stock, go to TipRanks’ Stock Analysis page.

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