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Amara Holdings Limited ( (SG:A34) ) has provided an announcement.
United Overseas Bank Limited, on behalf of DRC Investments Pte. Ltd., has announced a voluntary unconditional general offer for all issued ordinary shares of Amara Holdings Limited, excluding treasury shares and those already controlled by the offeror. The offer has been declared unconditional, and the offeror intends to proceed with the compulsory acquisition of shares from dissenting shareholders, which could significantly impact Amara’s shareholder structure and market positioning.
More about Amara Holdings Limited
Amara Holdings Limited is a company incorporated in the Republic of Singapore. It operates in the hospitality and real estate sectors, focusing on providing luxury hotel accommodations and property development services.
Average Trading Volume: 77,201
Technical Sentiment Signal: Buy
Current Market Cap: S$511.7M
For detailed information about A34 stock, go to TipRanks’ Stock Analysis page.