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UOB Announces Conditional Offer for Amara Holdings Shares

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UOB Announces Conditional Offer for Amara Holdings Shares

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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.

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