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Dyna-Mac Holdings (DMHL)
Billion Dollar Club 2024
Dyna-Mac’s strategic transformation into leader in oil and gas sector
Following Dyna-Mac’s turnaround since FY2020, the company, led by the company’s executive chairman and CEO Lim Ah Cheng and his team, is now reaping the rewards of the team’s efforts.
14 days ago
Offer
Estate of Dyna-Mac’s founding shareholder to accept Hanwha’s offer
On Nov 5, the estate said it will tender its full stake in Dyna-Mac following the Korean group’s revised offer of 67 cents per share.
23 days ago
Offer
Hanwha Group's offer for Dyna-Mac turns unconditional with acceptances; offer to remain open till Nov 20
The offer still remains conditional as it remains subject to the satisfaction of the CCCS.
23 days ago
Offer
Dyna-Mac’s IFA deems offer to be ‘fair and reasonable’ (update)
The IFA, ZICO Capital, also recommends the company’s shareholders to accept Hanwha’s offer.
October 23, 2024
Broker's Calls
Dyna-Mac shareholders should ‘accept’ Hanwha’s final offer, says Maybank
“We believe that this represents a fair exit price for shareholders to realise their investment and reinvest into other under-valued counters,” says analyst Jarick Seet.
October 15, 2024
Offer
Hanwha Group announces ‘final offer’ of 67 cents for Dyna-Mac (update)
Hanwha’s offer closes at 5.30pm on Nov 6.
October 14, 2024
Offer
Estate of Dyna-Mac’s founding shareholder issues follow-up statement after offer document
As at 4.05pm, shares in Dyna-Mac are trading 0.5 cents lower or 0.79% down at 63 cents.
October 10, 2024
Global Economy
Briefs: Stand-off as Hanwha keeps 60-cent offer for Dyna-Mac in offer document, Elite UK REIT to divest Scotland office
In other news this week: Oracle plans to invest US$6.5 billion building a cloud services centre in Malaysia.
October 03, 2024
Offer
Hanwha Group explains rationale behind Dyna-Mac’s offer price
An offer document will be sent out no later than Oct 2.
September 25, 2024