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Sin Heng Heavy Machinery Limited ( (SG:BKA) ) has issued an update.
Maybank Securities Pte. Ltd. has announced the close of a voluntary unconditional cash offer made on behalf of TAL United Pte. Ltd. to acquire all issued shares of Sin Heng Heavy Machinery Limited. This acquisition could potentially impact Sin Heng’s market positioning by consolidating its ownership under TAL United, possibly affecting stakeholders such as shareholders and employees.
More about Sin Heng Heavy Machinery Limited
Sin Heng Heavy Machinery Limited operates in the heavy machinery industry, focusing on the supply and rental of heavy lifting equipment and related services.
Technical Sentiment Signal: Sell
Current Market Cap: €43.74M
Find detailed analytics on BKA stock on TipRanks’ Stock Analysis page.