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Green Esteel Completes Acquisition Offer for HG Metal Manufacturing

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Green Esteel Completes Acquisition Offer for HG Metal Manufacturing

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The latest update is out from HG Metal Manufacturing Limited ( (SG:BTG) ).

Green Esteel Pte. Ltd. has completed a mandatory unconditional general cash offer to acquire all issued and paid-up ordinary shares of HG Metal Manufacturing Limited, a company incorporated in Singapore. The offer, which closed on February 3, 2025, involved acquiring shares not already owned or agreed to be acquired by Green Esteel and its concert parties. The completion of this offer signifies Green Esteel’s strategic move to consolidate its holdings in HG Metal Manufacturing, reflecting potential shifts in market positioning and stakeholder interests.

More about HG Metal Manufacturing Limited

YTD Price Performance: 3.64%

Average Trading Volume: 144,510

Technical Sentiment Consensus Rating: Hold

Current Market Cap: S$78.3M

For a thorough assessment of BTG stock, go to TipRanks’ Stock Analysis page.

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