Hanwha’s offer for Dyna-Mac turns unconditional on acceptances; closing date extended to Nov 20

Quick Summary:

SINGAPORE - Hanwha Ocean SG’s voluntary conditional cash offer for Dyna-Mac was declared unconditional as to acceptances on Nov 5, resulting in an extension of the closing date to 5.30pm on Nov 20 from the earlier Nov 6 deadline.

Should Dyna-Mac’s shareholders accept Hanwha’s new offer for a controlling stake?

According to research, this market is expected to grow by 12.5 per cent a year for the next eight years.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Million Offer Hanwha Shares Specialises Building Dyna-mac Issued Cent Total Company

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 10:28:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 411 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © The Straits Times

News ID: 23420534

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