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Hai Leck Holdings Limited ( (SG:BLH) ) has shared an announcement.
Hai Leck Holdings Limited held a Scheme Meeting to seek approval from eligible shareholders for the proposed acquisition by Cheng Investment Management Pte. Ltd. The acquisition involves all issued ordinary shares of the company, excluding shares held by certain stakeholders and treasury shares, through a scheme of arrangement. This move is part of a strategic realignment under the Singapore Code on Takeovers and Mergers, potentially impacting the company’s market positioning and shareholder value.
More about Hai Leck Holdings Limited
Hai Leck Holdings Limited is a company incorporated in Singapore, operating in the industrial sector. It focuses on providing engineering, procurement, and construction services, primarily serving the oil and gas, petrochemical, and pharmaceutical industries.
Average Trading Volume: 60,857
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$123.3M
For a thorough assessment of BLH stock, go to TipRanks’ Stock Analysis page.