Union Steel Holdings Limited (SG:ZB9) has released an update.
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Union Steel Holdings Limited has acquired 680 million warrants in Eneco Energy Limited, marking a significant investment move valued at S$3.4 million. These warrants allow Union Steel to potentially increase its stake, representing a substantial portion of Eneco’s share capital upon full exercise. This strategic acquisition reflects Union Steel’s continued interest in expanding its investment footprint in Eneco Energy.
For further insights into SG:ZB9 stock, check out TipRanks’ Stock Analysis page.