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An announcement from Amara Holdings Limited ( (SG:A34) ) is now available.
United Overseas Bank Limited, on behalf of DRC Investments Pte. Ltd., has announced a voluntary conditional general offer to acquire all issued ordinary shares of Amara Holdings Limited, excluding treasury shares and those already owned by the Offeror. The offer price is set at S$0.895 per share, with no intention to revise unless in a competitive situation, potentially impacting Amara Holdings’ market position and shareholder value.
More about Amara Holdings Limited
YTD Price Performance: 23.68%
Average Trading Volume: 43,250
Technical Sentiment Signal: Sell
Current Market Cap: S$405.4M
For a thorough assessment of A34 stock, go to TipRanks’ Stock Analysis page.