Cosmosteel Holdings Faces Acquisition with Revised Cash Offer
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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'.
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