tiprankstipranks
Company Announcements

Dyna-Mac Holdings Receives Takeover Offer and Approval for Delisting

Story Highlights
Dyna-Mac Holdings Receives Takeover Offer and Approval for Delisting

Discover the Best Stocks and Maximize Your Portfolio:

Dyna-Mac Holdings Ltd. ( (SG:NO4) ) has issued an announcement.

Dyna-Mac Holdings Ltd. announced that United Overseas Bank Limited, on behalf of Hanwha Ocean SG Holdings Pte. Ltd., has made a voluntary unconditional cash offer for all issued and paid-up ordinary shares of the company, except those already owned or agreed to be acquired by the offeror. The announcement also includes approval for the proposed delisting of the company and confirmation of the non-applicability of certain listing rules of the SGX-ST. The company’s board has appointed ZICO Capital Pte. Ltd. as the independent financial adviser to assist with the offer.

More about Dyna-Mac Holdings Ltd.

YTD Price Performance: 0%

Average Trading Volume: 12,643,086

Technical Sentiment Consensus Rating: Sell

Current Market Cap: S$830.7M

Find detailed analytics on NO4 stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1