bullish
Hanwha Group Makes A Move On Dyna-Mac
654 Views12 Sep 2024 09:55
I think this needs a bump to, say, A$0.65/share, or a 30% premium to last close. Still, if the Lim family tenders, this Offer is done at the current terms. I'd be buying at or just below terms.
What is covered in the Full Insight:
- Introduction
- Background on Hanwha Group
- Details of the Dyna-Mac Offer
- Conditions and Regulatory Approvals
- Conclusion and Trade Strategy
Boomeranged on Tue, 24 Sep 2024 19:25
Nope - the estate of Dyna-Mac’s founding shareholder, Desmond Lim Tze Jong, was NOT sounded out ahead of Hanwha's Offer. The estate, according to The Edge, reckons the offer is not aligned with Lim’s aspirations of growing the group to its present status as a global multi-disciplinary contractor with diversified businesses today.
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