Hanwha shouldn’t need a majority interest in Dyna-Mac to drive long-term shareholder value

Hanwha shouldn’t need a majority interest in Dyna-Mac to drive long-term shareholder value

October 9, 2024 / NYJ Editorial Desk /

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INVESTORS appear to be betting heavily that Hanwha Ocean SG will raise its offer price for Dyna-Mac.

Shares in the offshore and marine engineering company closed on Wednesday (Oct 9) at S$0.635.

This was 5.8 per cent above the current offer price of S$0.60, and 28.3 per cent above the stock’s last closing price before the offer was announced on Sep 11.

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NYJ Editorial Desk

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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