Cosmosteel Holdings Faces Acquisition with Revised Cash Offer
Cosmosteel Holdings Limited (SG:B9S) is facing a voluntary unconditional cash offer from Evolve Capital Advisory Private Limited, representing 3HA Capital Private Limited, to acquire all issued shares at a revised price of S$0.25 per share. This acquisition could strategically consolidate the company, affecting its market presence and shareholder value. The current market cap is S$68.12M with an average trading volume of 315,644 and a technical sentiment signal indicating a 'Buy'.
Cosmosteel Holdings Limited ( (SG:B9S) ) has shared an update.
Cosmosteel Holdings Limited is the subject of a voluntary unconditional cash offer by Evolve Capital Advisory Private Limited on behalf of 3HA Capital Private Limited. The offer involves acquiring all issued and paid-up ordinary shares of Cosmosteel Holdings Limited at a revised price of S$0.25 per share. This acquisition move signifies a strategic consolidation, potentially impacting the company’s market presence and shareholder value.
More about Cosmosteel Holdings Limited
Average Trading Volume: 315,644
Technical Sentiment Signal: Buy
Current Market Cap: S$68.12M
Learn more about B9S stock on TipRanks’ Stock Analysis page.
