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The latest update is out from Amara Holdings Limited ( (SG:A34) ).
United Overseas Bank Limited, on behalf of DRC Investments Pte. Ltd., has announced a voluntary unconditional general offer for all issued ordinary shares in Amara Holdings Limited, excluding treasury shares and those already owned or agreed to be acquired by the Offeror. The offer has been declared unconditional, and the Offeror intends to exercise its right of compulsory acquisition under the Companies Act 1967 to acquire the shares of dissenting shareholders, which may significantly impact Amara Holdings’ shareholder structure and market positioning.
More about Amara Holdings Limited
Average Trading Volume: 85,709
Technical Sentiment Signal: Buy
Current Market Cap: S$511.7M
For detailed information about A34 stock, go to TipRanks’ Stock Analysis page.