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Hanwha Ocean Raises Buyout Offer for Dyna-Mac Holdings

Hanwha Ocean Raises Buyout Offer for Dyna-Mac Holdings

Dyna-Mac Holdings Ltd. (SG:NO4) has released an update.

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In a strategic move, Hanwha Ocean SG Holdings Pte. Ltd., represented by United Overseas Bank Limited, has revised its cash offer to acquire all issued shares of Dyna-Mac Holdings Ltd. not already under its control. The offer now stands at S$0.67 per share, and the closing date for the offer has been extended, signaling a firm intention to consolidate ownership.

For further insights into SG:NO4 stock, check out TipRanks’ Stock Analysis page.

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