UOB Completes Acquisition of Dyna-Mac Holdings Ltd. Shares

TigerNews SG
01-08

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

Dyna-Mac Holdings Ltd. is currently subject to a voluntary unconditional cash offer by United Overseas Bank Limited on behalf of Hanwha Ocean SG Holdings Pte. Ltd. This acquisition involves all issued and paid-up ordinary shares of the company, except those already owned or agreed to be acquired by the Offeror. The completion of this acquisition signifies a strategic consolidation of the Offeror’s stake in Dyna-Mac, potentially impacting its market operations and shareholder dynamics.

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