On the evening of November 15, the main board of the Singapore Exchange (SGX) announced that Hanwha Ocean SG Holdings, a subsidiary of South Korea's third-largest shipyard Hanwha Ocean Group (formerly known as Daewoo Shipbuilding), has fully transformed its full acquisition offer of Dyna-Mac Holdings into an unconditional one. Hanwha Ocean SG Holdings had already acquired a 50.94% stake in Dyna-Mac on November 5, meeting the requirement to exceed 50% ownership to convert to an unconditional acquisition offer. Hanwha further revealed that it now holds 84.67% stake.
韩华海洋收购精砺控股要约已完全转为无条件
Hanwha Ocean's acquisition of Dyna-Mac Holdings' general offer has now fully converted to an unconditional one.
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