Dyna-Mac Holdings Ltd. (SG:NO4) has released an update.
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United Overseas Bank Limited, representing Hanwha Ocean SG Holdings Pte. Ltd., has announced a voluntary conditional cash offer to acquire all issued and paid-up ordinary shares of Dyna-Mac Holdings Ltd. that are not already held by the offeror. This strategic move, in adherence to the Singapore Code on Take-overs and Mergers, aims to consolidate Hanwha Aerospace and Hanwha Ocean’s ownership in Dyna-Mac Holdings.
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