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Hanwha
M&A
Hanwha to exercise compulsory acquisition rights after stake in Dyna-Mac crosses 90%
Hanwha plans to delist Dyna-Mac
8 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
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
Singapore news
Briefs: Hanwha Group explains offer price for Dyna-Mac; No increase in offer for Silverlake Axis; Anwar speaks in Johor
Also, Temasek sets aside $100 million as concessional capital for climate action; and GIC, Temasek back Brookfield in an emerging markets transition fund.
September 26, 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
Offer
Estate of Dyna-Mac’s founding shareholder does not find Hanwha’s cash offer compelling
In its statement, the estate says Dyna-Mac is "definitely" worth more than Hanwha's offer of 60 cents per share.
September 23, 2024
Offer
ZICO Capital appointed as IFA for Dyna-Mac's offer
On Sept 11, Hanwha made an offer of 60 cents for the shares it does not own in Dyna-Mac.
September 18, 2024
Broker's Calls
Citing revenue and margins growth, Maybank raises Dyna-Mac's target price to 52 cents
Dyna-Mac's new substantial shareholder Hanwha is a "positive" addition
June 20, 2024